### Question
How does the law define community development corporation?


### Answer
Under *34 U.S.C. § 12211*, **community development corporation** is defined as:

> a private, nonprofit corporation whose board of directors is comprised of business, civic and community leaders, and whose principal purpose includes the provision of low-income housing or community economic development projects that primarily benefit low-income individuals and communities

#### Citation:
  - *34 U.S.C. § 12211*
  - Heading: **Subtitle I-Comprehensive Acts > CHAPTER 121-VIOLENT CRIME CONTROL AND LAW ENFORCEMENT > SUBCHAPTER II-CRIME PREVENTION > Part E-National Community Economic Partnership > subpart 3-miscellaneous provisions**

