Ask 10 people what role a community development corporation (CDC) plays in their district, and you’re likely to get 10 different answers. A $1.66 million investment from Cleveland Neighborhood Progress—the funding intermediary for the city’s neighborhood-based development groups—should bring more transparency and understanding to this work, says Jason Powers, senior vice president of CDC advancement with Cleveland Neighborhood Progress (CNP).
“The grant awards are responsive to the diverse programs and operations of each CDC,” explains Powers. “They support the work of community development, which shares core functions across the city while also being tailored to each neighborhood’s specific needs. Flexible funding allows CDCs to remain focused on those core functions and deliver better outcomes for their distinct neighborhoods.” Read more from FreshWater.