### Question
What is the definition of qualified community development entity?


### Answer
The definition of **qualified community development entity** is as follows in *26 U.S.C. § 45D*:

> any domestic corporation or partnership if—


(A) the primary mission of the entity is serving, or providing investment capital for, low-income communities or low-income persons,


(B) the entity maintains accountability to residents of low-income communities through their representation on any governing board of the entity or on any advisory board to the entity, and


(C) the entity is certified by the Secretary for purposes of this section as being a qualified community development entity

#### Citation:
  - *26 U.S.C. § 45D*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter A-Determination of Tax Liability > PART IV-CREDITS AGAINST TAX > Subpart D-Business Related Credits**

