Community Development Entities (CDEs)

Community Development Entities (CDEs) are organizations intentionally created to serve and support economically disadvantaged communities. They play a key role in attracting investments, such as private capital, to fund projects like affordable housing, small businesses, and community facilities. CDEs qualify for certain tax incentives, like the Opportunity Zone program, to encourage investments that promote economic growth and neighborhood revitalization. By channeling resources into underserved areas, CDEs help stimulate development, create jobs, and improve access to essential services, making them vital tools for fostering equitable community progress.