Community Development Corporations (CDCs)

NEWSED Community Development Corporation works to promote holistic social and economic development in disadvantaged, primarily Latino, Denver communities by: securing and coordinating resources for neighborhood revitalization; developing shopping areas and services; fostering minority and neighborhood business ownership, job retention and creation; increasing home ownership and affordable rental opportunities; engaging in neighborhood organizing; and hosting cultural events and activities.  Since its establishment in 1973, the CDC is credited with developing over 650,000 square feet of housing and retail/commercial real estate.

Guided by a mission to create diverse, healthy communities through quality, service-enriched, affordable housing, Hope Communities manages four rental properties in Northeast Denver.  Founded in 1980, Hope Communities now owns 280 affordable rental units for low-income families.

Providing training, technical assistance and consultation to community-based organizations in Colorado and across the country, the Community Resource Center, established in 1981, has helped train more than 400 nonprofit leaders and, in 2001, published an online database called Colorado Grants Guide, providing information about funding sources for nonprofits throughout the state. Read more about Community Resource Center...

MiraCit is a nonprofit community development corporation formed in 1993, focused on the community revitalization of Northeast Columbus. MiraCit generated annual revenue of just under $1.6 million in 2009. Recent projects include the North Central Village construction of a 74-unit senior apartment complex on what used to be a trailer park. The Green View Estates is Columbus’s first eco-friendly neighborhood with 30 single-family homes transformed from an abandoned housing project area. Read more about MiraCit Development Corporation, Inc....

The Franklinton Development Association (FDA) is a community development corporation formed to lead the revitalization of the Franklinton neighborhood of Columbus. FDA is comprised of residents, local business owners, area non-profits, and other groups focused on revitalization by creating affordable housing and commercial development for economic growth. With $1.8 million in tax credits for low-income housing, FDA aims to create 100 housing units for low- and moderate-income families. Read more about Franklinton Development Association...

Community Housing Network (CHN) concentrates their assistance to people with addiction-related disabilities from emergency shelters to permanent housing. With a $600,000 loan from The Housing Trust, CHN collaborated with Amethyst, a local non-profit, to construct a 39-unit apartment building structured to provide an environment of sobriety maintenance. Read more about Community Housing Network...

The Community Development Collaborative of Greater Columbus (The Collaborative) is an intermediary organization that provides grant, loan, and technical assistance support to the city's community development corporations (CDCs). The Collaborative has an annual budget of $1.5 million. CDCs assisted by The Collaborative include Homes on the Hill CDC (HOTH) with $900,000 to develop 6-10 houses in the Westland area. Read more about Community Development Collaborative of Greater Columbus ...

Neighborhood Progress is a regional organization that acts as a local intermediary, raising funds from corporate, foundation, and city sources and offering operating support and technical support to CDCs throughout the city. It currently provides $1.5 million per year to Cleveland CDCs, as well as up to $5 million per year in low-interest loans for neighborhood development. Neighborhood Progress and its local partners have developed over 7,400 affordable homes. Read more about Neighborhood Progress, Inc. ...

Cleveland Housing Network, founded in 1981, is a coalition of 15 CDCs and 130 multi-cultural staff that develop affordable homes and provide training and counseling services to help Cleveland families escape poverty and build wealth. Since 1981, Cleveland Housing Network and its member CDCs have helped generate over $620 million in investments in Cleveland neighborhoods. Read more about Cleveland Housing Network ...