CCAC is hosting a meeting on Thursday night, October 2, with Nate Cunningham who comes to share his knowledge of Community Development Corporations. Frank Stoner and Ann Mallek have invited him to come speak to us at 7:00 p.m. at the Field School in Crozet.
A community development corporation (CDC) is a not-for-profit organization incorporated to provide programs, offer services and engage in other activities that promote and support community development. CDCs usually serve a geographic location such as a neighborhood or a town. They often focus on serving lower-income residents or struggling neighborhoods. They can be involved in a variety of activities including economic development, education, community organizing and real estate development. These organizations are often associated with the development of affordable housing.