strategy

Establishing community development corporation

Synonyms:
Creating community development groups
Implementation:
In the USA, local nonprofit community development organizations (CDCs) have become the primary developers of affordable housing in low income areas. From such beginnings, CDCs are also supporting small enterprises, attracting national retailers and developing services and jobs. One of the keys to this effort has been the creation of partnerships between nonprofit funders. The Ford Foundation's US$30 million investment has leveraged more than $400 million for community development project and helped more than 150 CDCs.
Organizations:
Ford Foundation
Type Classification:
E: Emanations of other strategies
Related UN Sustainable Development Goals:
GOAL 1: No PovertyGOAL 2: Zero HungerGOAL 3: Good Health and Well-beingGOAL 4: Quality EducationGOAL 5: Gender EqualityGOAL 6: Clean Water and SanitationGOAL 7: Affordable and Clean EnergyGOAL 8: Decent Work and Economic GrowthGOAL 9: Industry, Innovation and InfrastructureGOAL 10: Reduced InequalityGOAL 11: Sustainable Cities and CommunitiesGOAL 12: Responsible Consumption and ProductionGOAL 13: Climate ActionGOAL 14: Life Below WaterGOAL 15: Life on LandGOAL 16: Peace and Justice Strong InstitutionsGOAL 17: Partnerships to achieve the Goal