Community Development Corporation

Community Development Corporation (CDC) is a broad term referring to not-for-profit organizations incorporated to provide programs, offer services and engage in other activities that promote and support a community. CDCs usually serve a geographic location such as a neighborhood or a town. They often focus on serving lower-income residents or struggling neighborhoods. They can be involved in a variety of activities including economic development, education, and real estate development. These organizations are often associated with the development of affordable housing.

Activities

• real estate development
  • affordable housing
• economic development
  • small business lending
  • small business technical assistance
  • small business incubation (i.e. provision of space at low or no cost to start-up businesses)
• education
  • early childhood education
  • workforce training
• nonprofit incubation
• youth and leadership development
• advocacy
• community planning
• community organizing

Examples of CDCs (internal)

Mexicantown Community Development Corporation

New Kensington Community Development Corporation

Midwest Minnesota Community Development Corporation

Burten, Bell, Carr Development, Inc.

Old Brooklyn Community Development Corp.

External links

http://www.prattcenter.net/cdcoralhistory.php - CDC Oral History Project, biographical sketches of CDCs around the U.S.

examples of CDCs:

http://www.nkcdc.org/ - New Kensington Community Development Corporation (Philadelphia, PA)

http://fenwaycdc.org/ - The Fenway Community Development Corporation (Boston, MA)

http://www.bbcdevelopment.org/ - Burten, Bell, Carr Development, Inc. (Cleveland, OH)

http://www.oldbrooklyn.com/ - Old Brooklyn Community Development Corp. (Cleveland, OH)

http://www.cdcli.org/ - The Community Development Corporation of Long Island (NY)

http://www.asiancdc.org/ - Asian Community Development Corporation (Boston, MA)

http://www.mmcdc.com/ - Midwest Minnesota Community Development Corporation (Detroit Lakes, MN)

http://www.mexicantown.org/ - Mexicantown Community Development Corporation (Detroit, MI)

http://www.macdc.org/ - Massachusetts Association of CDC (Boston, MA)

http://www.tacdc.org/ - Texas Association of CDC (Austin, TX)

http://www.nationalcapacd.org/ - National Coalition of Asian Pacific American Community Development (Washington, D.C.)

http://www.restorationplaza.org/ - Beford Stuyvesant Restoration Corporation (Brooklyn, NY)

http://www.mqvncdc.org/ - Mary Queen of Vietnam Community Development Corporation (New Orleans, LA)

http://www.reachcdc.org/ - REACH Community Development (Portland, OR)

http://www.adcorp.org/ - Abyssinian Development Corporation (New York, NY)

http://www.rosecdc.org/ - ROSE Community Development (Portland, OR)