### Question
How is the term community development corporation defined?


### Answer
The term **community development corporation** is defined in *42 U.S.C. § 13851* as the following:

> 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:
  - *42 U.S.C. § 13851*
  - Heading: **CHAPTER 136-VIOLENT CRIME CONTROL AND LAW ENFORCEMENT > SUBCHAPTER II-CRIME PREVENTION > Part G-National Community Economic Partnership > subpart 3-miscellaneous provisions**

