Urban Development Corporation (UDC)

An Urban Development Corporation (UDC) is a government or quasi-government agency focused on improving urban areas. Its mission typically involves revitalizing neighborhoods, promoting economic development, and enhancing infrastructure. UDCs often handle projects like building affordable housing, developing commercial spaces, and improving public services and facilities. By collaborating with local communities, businesses, and other stakeholders, UDCs aim to create sustainable, vibrant urban environments that benefit residents and attract investment. Essentially, they play a key role in shaping and renewing cities to enhance quality of life and spur economic growth.