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POSITIONING THE 21st CENTURY NEIGHBORHOOD PERFORMANCE STANDARDS FOR SUCCESSFUL COMMUNITY DEVELOPMENT CORPORATIONS2016 CDC Performance Standards INTRODUCTION Throughout the history of community development,
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01
Identify the specific community the development corporation will serve.
02
Research the existing community development corporations in the area.
03
Determine the goals and objectives of the new community development corporation.
04
Develop a comprehensive business plan including a mission statement, funding sources, and strategies for achieving the goals.
05
Register the organization as a non-profit entity.
06
Recruit a diverse and qualified board of directors.
07
Establish policies and procedures for decision-making and governance.
08
Secure funding through grants, donations, and partnerships.
09
Implement programs and initiatives that align with the goals of the corporation.
10
Evaluate the impact of the corporation's work and make adjustments as necessary.

Who needs community development corporations and?

01
Underserved and marginalized communities in need of economic development.
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Low-income neighborhoods lacking access to affordable housing, quality education, and healthcare.
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Communities facing urban blight and disinvestment.
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Local governments seeking to promote sustainable growth and community revitalization.
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Non-profit organizations aiming to address social and economic disparities.
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Individuals and businesses interested in contributing to the betterment of their community.
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Community development corporations (CDCs) are non-profit organizations that focus on revitalizing and improving communities through various initiatives such as affordable housing, job creation, and economic development.
Community development corporations are typically required to file annual reports with the relevant government agencies where they are registered.
To fill out the community development corporations annual report, organizations typically need to provide information on their activities, financials, and impact on the community.
The purpose of community development corporations is to address social and economic challenges in communities, promote affordable housing, and create opportunities for residents.
Information that must be reported on community development corporations may include financial statements, program activities, community impact, and organizational structure.
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