Community Development Corporations ( Cdcs ) An Industry...

Community Development Corporations (CDCs): An Industry Analysis Community Economic Development (CED) is a field of study that causes community engagement when working with public and private organizations to create strong communities, industries, and markets. â€Å"Community Economic Development is a multifaceted comprehensive approach to community change that is not limited to just poverty programs, nor is it synonymous with industrial recruitment†, as pointed out by Shaffer et al. (2004), â€Å"Community Economic Development is not an attempt to exploit resources to yield the maximum economic return.† In the U.S., there is nearly 2,000 community development corporations (CDCs) have built housing, involved in economic development projects, and provided the various social services for the past three decades (NCCED, 1995). Currently, most of attention CDCs have received is from government and private funders as a promising way to promote urban neighborhoods. These CDCs are consisted of nonprofit, community-controlled real estate development organizations that dedicate to the revitalization of poor neighborhoods. They undertake physical revitalization such as economic development, social services, and organizing and advocacy activities. Since public services for poor communities are fragmented across multiple agencies and levels of government, CDCs often are the only institution with a comprehensive and coordinated program agenda. CDCs employ a federal grant program funding (that alsoShow MoreRelatedNew Pharmaceuticals Environmental Analysis : Crossroads Pharmaceuticals942 Words   |  4 PagesQuintessential Pharmaceuticals Environmental Analysis As a wholesale supplier of organic and specialty drugs, Quintessential Pharmaceuticals Suppliers desires to be a vital supplier for CVS Health Corporation, which provides help to millions daily on their path to a healthy life. 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