미국 커뮤니티 개발회사(CDC)의 저렴주택 지원제도 및 사업구조 분석

Abstract

Purpose: Community Development Corporations(CDC) in the United States play a key role in urban regeneration by providing housing in low-income neighborhoods. CDCs also take lead in various development projects to revitalize communities. Through analyzing the outcomes of housing programs initiated by CDCs, this study draws policy implications as to how to foster and support viable private housing providers in Korea. Method: Reviewing research studies and government reports on the operation and organizations of CDCs allow us to examine the background in the rise of CDCs and how CDCs have made progress. This study analyzes main traits of community-based housing programs and public policies to support CDC housing projects. Further, we investigate overall activities and project details of CDCs based in New York City, focusing on their financing strategies and business models. Result: This paper proposes the following to nurture low-cost housing providers from the private sector in Korea. First, since providing housing for low-income households suffer from low profit and high-risk, it is essential for the public sector to make financial support available to private housing providers. Second, the private-public partnership and systematic public support system should be firmly established to push for neighborhood-based small-scale projects. Third, for community corporations to take root, the business area should be flexible to deal with housing problems as well as various issues of low-income neighborhoods.