Community Development Corporations

Founded in 1967 to serve low and moderate-income residents in Chicago’s West Town, Humboldt Park, Logan Square, Hermosa, and Avondale communities, Bickerdike Redevelopment Corporation has produced more than 1,328 affordable homes and rental units. Membership and voting privileges are extended to individuals who live or work in the target area as well as organizations operating there. In 1992, Bickerdike developed the food market El Mercado, where locally owned Cermak Produce serves as the anchor business, employs over 50 people, and is committed to ensuring that at least 75 percent of its jobs are filled by local residents.  Bickerdike also owns the social enterprise Humboldt Construction. The company, incorporated in 1981, provides union construction jobs and contracting services for Bickerdike and employs an average of 15 carpenters annually.

Founded in 1977, Coastal Enterprises is known as a leader in rural development with a philosophy that looks to maintain a “triple bottom line” of achieving positive economic, equitable and environmental outcomes. The organization has made over $130 million in loans, thereby leveraging an additional $380 million, and has provided financing to 1,500 businesses. Read more about Coastal Enterprises, Inc....

The East Bay Asian Local Development Corporation (EBALDC) aims to build healthy, vibrant, and safe neighborhoods with and for the diverse populations of the East Bay, including its Asian and Pacific Islander communities.  To do so, EBALDC develops and manages affordable apartments and homes, retail spaces for local, small businesses, and community centers, and delivers programs designed to foster increased economic opportunities for low-income families and individuals.  Since its establishment in 1975, EBALDC has invested more than $200 million in assets in the community, including a total Read more about East Bay Asian Local Development Corporation...

New Community Corporation (NCC) in Newark, New Jersey is a Community Development Corporation with an annual budget of $67 million and employs 600 local residents. The CDC manages 2,000 housing units, has roughly $500 million of assets and owns businesses whose proceeds go toward underwriting such social programs as day care and medical support for seniors. In addition, NCC is involved in health care, education, training, childcare and runs a community newspaper, arts programs and a federally insured credit union. Read more about New Community Corporation...

Founded in 1977 by civil rights activists, Quitman County Development Organization has developed affordable housing, owns a community credit union, provides grants to churches for economic development projects, and engages in a variety of childcare social services programs and microenterprise lending. Read more about Quitman County Development Organization...

The largest of a number of CDCs in Indianapolis, Southeast Neighborhood Development (SEND) has invested more than $35 million in Indianapolis' southeast neighborhood since 1991. This money has enabled the CDC to repair more than 400 homes to prevent their very low-income owners from being forced into homelessness, to renovate 85 vacated homes, to restore 135 affordable apartments for residents ranging from senior citizens to families to artists, to renovate and lease 150,000 square feet of commercial space, to create or improve six parks, to plant hundreds of trees in the neighborhood, and to provide 300 youth with intensive work skills training.

The Unity Council (formerly called The Spanish Speaking Unity Council) has worked with the largely Latino community in the Fruitvale District of Oakland for the past four decades. Its programs, which reach over 12,000 people a year, include affordable housing development, small business assistance, job training, childcare, youth services and senior care. It also owns a subsidiary business (Peralta Service Corporation) that employs area residents on work crews for beautification projects.  Read more about The Unity Council...