Community development corporation


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Community development corporation

Community-owned venture capital funds set up by local groups in low-income areas for economic revitalization and rehabilitation.
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Community development corporations are common in urban areas of Maryland, particularly in the Baltimore region.
North Missoula Community Development Corporation (NMCDC), Missoula, Mont.
Currie is the executive director of the Community Development Corporation of Brownsville, a nonprofit affordable housing provider.
Bancorp Community Development Corporation (CDC), Minneapolis.
Wharton's Alliance for Equitable Growth and a member of the Office of Planning and Development's Whitehaven Advisory Panel and the New Chicago Community Development Corporation Board of Directors.
The NAHB has joined with Nueva Esperanza, the nation's largest Hispanic faith-based community development corporation, in an affordable housing coalition, It will work to remove barriers to homeownership and expand home buying opportunities for minority families, according to 2002 NAHB president and home builder Gary Garczynski, speaking at a ceremony marking the occasion in Washington on May 14.
Their solution, created with the help of the TBAC, is the Ktunaxa Community Development Corporation, a non-profit self-help agency that brings jobs, housing, and healthcare to the local communities of Elmo, Big Ann, and Dayton.
* Developer/Client: Housing and Community Development Corporation of Hawaii (HCDCH), State of Hawaii, DBEDT
The H Street Community Development Corporation set itself up as a petty banker, making a loan to its own counsel to start a law firm in the suburbs.
In Pittsburgh, for example, the city government and about thirty nonprofit groups formed a community development corporation to save an impoverished neighborhood where all but three businesses were boarded up.
* Development would be permitted in already-settled parts of villages and hamlets but not allowed to sprawl into surrounding landscape by: making county governments, not small towns and villages, responsible for rigorous land-use and subdivision regulation; setting up an "Adirondack Park Community Development Corporation" to provide for appropriate and affordable housing and public facilities; requiring that all future commercial land uses be confined to settled areas; eliminating all off-premises outdoor advertising with on-premises signs allowed only on a permit basis.

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