Abstract
In this article, we use a random sample of urban community development corporations (CDCs) to determine whether distinct types exist and, if so, to estimate their prevalence in the industry. The typical urban CDC has a diversified portfolio of economic and social development activities, including community organizing, and is likely to have a housing development program, although not necessarily a large one because relatively few are high producers. Large‐scale housing producers, defined in the study as having produced at least 500 units during the previous 10 years, comprise 18 percent of CDCs. A large organizational capacity, an affiliation with national intermediaries, the training of staff and the adoption of computers, the length of executive directors’ tenure, and the share of funding devoted to housing programs are the most important factors increasing the odds that a CDC will belong to the group of high producers.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.