42 U.S.C. § 9802 : US Code - Section 9802: "Community development corporation" defined

Search 42 U.S.C. § 9802 : US Code - Section 9802: "Community development corporation" defined

For purposes of this subchapter, the term "community development
corporation" means a nonprofit organization responsible to
residents of the area it serves which is receiving financial
assistance under part A of this subchapter and any organization
more than 50 percent of which is owned by such an organization, or
otherwise controlled by such an organization, or designated by such
an organization for the purpose of this subchapter.