Journal Article
Forming a community development corporation
Abstract: Through community development corporations, banks may make equity and debt investments designed primarily to promote community welfare. Such efforts facilitate the economic rehabilitation and development of low-income areas primarily through investments in affordable housing and small businesses. The William Mann, Jr. Community Development Corp. is a Fort Wort h - b a s e d multibank CDC chartered in May 1994.
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Bibliographic Information
Provider: Federal Reserve Bank of Dallas
Part of Series: Banking and Community Perspectives
Publication Date: 1995
Issue: Jun
Pages: 6-8