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Title edit
Improving the vitality of cities and community development corporations ( CDC ).
Description edit
Building on Ten Years of Success
Founded as the National Community Development Initiative (NCDI) in 1991, this partnership of philanthropic, corporate, and government investors has committed more than $500 million in national funding for inner city rejuvenation. With the additional resources provided by local organizations, the partnership leveraged more than $2 billion of additional investment in urban communities during the decade of the 1990s. Encouraged by this progress, the partners committed themselves to a second decade (2001-2010), formalized the organizational structure of NCDI, and changed our name to Living Cities: The National Community Development Initiative.
Resources Flow to Residents of Urban Neighborhoods
The 23 cities' CDCs have developed about 127,036 homes since 1991, a number that could house some 320,000 people - or roughly equivalent to a medium-sized American city.
The partnership's funders make grants to Living Cities and low-interest loans to the Local Initiatives Support Corporation (LISC) and The Enterprise Foundation (Enterprise) - leading national community development support organizations that work as intermediaries with local foundations banks, corporations and state and local governments to bolster the efforts of more than 300 community development corporations (CDCs) in 23 cities. These community-based organizations use these resources to build houses, develop health and day care centers and other neighborhood facilities, create jobs and business opportunities, and help residents gain a decisive voice and economic stake in their own communities.
Contact edit
- Allison Rutledge-Parisi
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- New York NY
- US 10036
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- +1.2123362254
