Americans for Community Development

Americans for Community Development is a coalition that encourages the use of program related investments through low-profit, limited liability corporations (L3C) to achieve social goals. The group's efforts helped result in a 2008 Vermont law giving legal recognition to such companies. The Vermont law specifies that companies so designated must further the accomplishment of a charitable or educational purpose, and demonstrate that the company would not have been formed but for its relationship to such purposes.

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