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


### Answer
Under *12 U.S.C. § 1715z*, **community development corporation** is defined as:

> a nonprofit organization whose primary purpose is to promote community development by providing housing opportunities for low-income families

#### Citation:
  - *12 U.S.C. § 1715z*
  - Heading: **CHAPTER 13-NATIONAL HOUSING > SUBCHAPTER II-MORTGAGE INSURANCE**

