Cleveland Neighborhood Progress was founded as a nonprofit in 1988 by philanthropic, civic, and corporate leaders. We serve as the only local community development intermediary in the region. We continue to deepen our 35+ years of experience investing in community revitalization.
CNP believes that community development corporations (CDCs) are best positioned to advance revitalization in the neighborhoods they serve. We invest in CDCs through grantmaking, technical assistance, and city-wide initiatives. To help advance our mission, CNP has two subsidiaries. Village Capital Corporation, our lending arm, provides mission-aligned loans to nonprofits, entrepreneurs, minority contractors, and developers who seek capital and technical assistance to help their projects succeed in Cleveland neighborhoods. New Village Corporation serves as our real estate development arm, bringing to life projects that spark private investment in neighborhoods.
