Community Development Corporation
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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, community organizing and real estate development. These organizations are often associated with the development of affordable housing.
[edit] Activities
- real estate development
- 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
