To be eligible for the CED program, an applicant must meet the following three conditions: Applicant must be a private, non-profit CDC with 501(c)(3) status; Articles of incorporation or bylaws demonstrating that the CDC has, as a principal purpose, experience in planning, developing, or managing of low-income housing or community economic development; and The Board of Directors must have representation from each of the following: community residents, business leaders, and civic leaders. Applications from individuals (including s...
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