What is a Community Development Corporation?

Community development corporations (CDCs) are 501(c)(3) non-profit organizations that are created to support and revitalize communities, especially those that are impoverished or struggling. CDCs often deal with the development of affordable housing. They can also be involved in a wide range of community services that meet local needs such as education, economic development, job training, healthcare, commercial development, and other social programs such as community organizing.

While CDCs may work closely with a representative from the local government, they are not a government entity.

As non-profits, CDCs are tax-exempt and may receive funding from private and public sources.

 

 

Community Development

We build partnerships with our community members and leaders to address housing issues, promote events and programs, and beautify neighborhoods in need of improvement.

Minority Entrepreneurship

We work with both new and established minority entrepreneurs to educate, counsel, and support them in developing and growing their businesses.

Economic Development

We spur economic progress through various means such as creating community programs, promoting existing businesses, and acquiring and rehabilitating personal and business properties.

Housing

We spur economic progress through various means such as creating community programs, promoting existing businesses, and acquiring and rehabilitating personal and business properties.

 

 

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