To be eligible for the CED program, an applicant must meet three conditions:
Applicant must be a private, non-profit CDC with 501(c)(3) status;2. Applicant must have articles of incorporation or bylaws demonstrating that the CDC has, as a principal purpose, the planning, developing, or managing of low-income housing or community economic development activities; and3. The Board of Directors must have representation from each of the following: community residents, bu...
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