Community Development Entities
E65827
Community Development Entities are specialized organizations that attract and deploy private investment capital to support economic development and revitalization projects in low-income and underserved communities, often through programs like the New Markets Tax Credit.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| Community Development Entity | 0 |
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
community development organization
ⓘ
financial intermediary ⓘ investment vehicle ⓘ special purpose entity ⓘ |
| associatedWithInstrument |
flexible financing products
ⓘ
subordinated debt ⓘ tax credit equity ⓘ |
| associatedWithProgram |
New Markets Tax Credit Program
ⓘ
surface form:
New Markets Tax Credit
federal community development programs ⓘ |
| benefits |
expand access to essential services in low-income areas
ⓘ
promote neighborhood revitalization ⓘ stimulate job creation in low-income communities ⓘ support local businesses in underserved areas ⓘ |
| fundingSource |
banks
ⓘ
impact investment funds ⓘ philanthropic organizations ⓘ private investors ⓘ public sector programs ⓘ |
| hasAbbreviation | CDE ⓘ |
| hasPluralForm | Community Development Entities ⓘ |
| impactFocus |
economic revitalization
ⓘ
improved access to services ⓘ job creation ⓘ poverty alleviation ⓘ |
| mayBeOrganizedAs |
for-profit corporation
ⓘ
limited liability company ⓘ nonprofit corporation ⓘ |
| operatesInSector |
community development finance
ⓘ
economic development ⓘ impact investing ⓘ |
| primaryObjective |
attract private investment capital to low-income communities
ⓘ
facilitate access to capital for low-income communities ⓘ support community revitalization projects ⓘ support economic development in underserved areas ⓘ |
| regulatoryContext |
community development finance regulations
ⓘ
tax credit program rules ⓘ |
| stakeholder |
community development financial institutions
ⓘ
community-based organizations ⓘ local governments ⓘ private investors ⓘ |
| targetsPopulation |
economically distressed areas
ⓘ
low-income communities ⓘ underserved communities ⓘ |
| typicalActivity |
deploy private capital into qualified projects
ⓘ
provide financing to businesses in low-income communities ⓘ provide financing to real estate projects in low-income communities ⓘ structure investments using tax credit programs ⓘ support community facilities and services ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.