TeachMeFinance.com - explain Community Development Corporation (CDC)
Community Development Corporation (CDC) The term 'Community Development Corporation (CDC) ' as it applies to the area of agriculture can be defined as ' Tax-exempt, non-profit organizations whose primary mission is the economic and social revitalization of distressed urban and rural areas. A CDC is a community-based organization carrying out its activities within a geographically defined area. CDCs may support or undertake such activities as housing development and rehabilitation, job training and counseling, and business development activities'.
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