Community Development Corporation
A Community Development Corporation (CDC) is a nonprofit organization focused on improving the economic and social conditions of a specific community. CDCs often work to revitalize neighborhoods by providing affordable housing, creating jobs, and supporting local businesses. They engage residents in the planning and implementation of projects to ensure that the community's needs are met.
In addition to housing and economic development, CDCs may also offer educational programs, health services, and community engagement initiatives. By fostering collaboration among residents, local governments, and private entities, CDCs aim to build stronger, more sustainable communities that enhance the quality of life for all residents.