
Community Development Corporation (CDC)
A Community Development Corporation (CDC) is a nonprofit organization focused on improving and revitalizing specific neighborhoods or communities. CDCs work to enhance local housing, create job opportunities, and develop community resources. They often engage residents in the planning process, ensuring that projects reflect the community's needs. By partnering with government, businesses, and other organizations, CDCs aim to foster economic growth and social equity, ultimately enhancing the quality of life for those in the community. Their work can include affordable housing, community centers, and local business support.