FAQ

Overview of

Community Development Corporations

What are Community Development Corporations

Community Development Corporations (CDCs) are typically non-profit (although there are some for-profit CDCs), community-based organizations focused on revitalizing the areas in which they are located, primarily economically challenged low-income, underserved neighborhoods that have experienced significant disinvestment. They focus on community health by addressing issues dealing with affordable housing, economic development, sanitation, access to clean water, streetscaping, waste management, food insecurity and neighborhood planning projects. Many times, they even provide education and social services to residents.

Who can Start and/or operate a CDC?

How are CDCs funded?

How can CDCs benefit communities?

Why start a CDC?

Is there a limit to how many CDCs can exist in a city?

When is the best time to start a CDC in my neighborhood?

External Resources

The following are links to useful resources for entrepreneurs. Community Development Financial Institutions FundVenture CapitalistHedge FundsEB-5 Visa

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