Community development organization definition

Community development organization means an organization, which meets the membership requirements of subparagraph division (b), formed within a city or county or multicommunity group for one or more of the following purposes:
Community development organization means a group of private citizens organized as a business entity authorized to do business in this state for the purpose of providing financing for new, existing, or expanding businesses and other economic or community development purposes throughout its community or county, and which may take equity positions and shall take security positions in its borrowers' businesses and appropriate personal guarantees from the owners thereof;
Community development organization means a nonprofit corporation that is formed or organized under Chapter 1702. or 1724. of the Revised Code and to which both of the following apply:

Examples of Community development organization in a sentence

  • Community development organization" means a nonprofit corporation that is formed or organized under Chapter 1702.

  • AIRY USA RECEIVES “BEST AGENCY” AWARD FROM THE PA FINANCE HOUSING AGENCY Community development organization in Mt. Airy distinguished as among best in commonwealth PHILADELPHIA, PA— The Pennsylvania Housing Finance Agency (PHFA) awarded Mt. Airy USA with the “best agency” award at its awards ceremony in Harrisburg earlier this week.

  • Community development organization: An organization consisting of stakeholders in a specific district, including an area management corporation and a Town Management Organization (TMO), and engaging in activities to revitalize, and improve the quality of, the district.(2) Ensuring Financial Sustainability 2.

  • H) "Community development organization" means a nonprofit 2901corporation that is formed or organized under Chapter 1702.

  • Impact Services is the sponsor and the local Community development organization.


More Definitions of Community development organization

Community development organization means a business entity organized to provide services as an agent of the applicant for the exclusive mission of helping to develop and support economic development within a specified city, region or state by providing necessary resources and assistance.
Community development organization means a City organization or a multi- community group formed for one or more of the following purposes:
Community development organization means any community housing development organization or community land trust as defined by the federal "Cranston-Gonzalez National Affordable Housing Act" of 1990 or a community-based development organization as defined by the federal "Housing and Community Development Act of 1974", that is also either a private or public nonprofit organization that is exempt from taxation under section 501 (a) of the federal "Internal Revenue Code of 1986" pursuant to section 501 (c) of the federal "Internal Revenue Code of 1986", 26 U.S.C. sec. 501 (a) and 501 (c), as amended, and that receives funding from the United States department of housing and urban development, Colorado division of housing, Colorado housing and finance authority, or United States department of agriculture rural development, or through a grantee of the United States department of housing and urban development, purely for the purpose of community housing development activities.
Community development organization means an entity that meets the qualifications of § 6–203 of this subtitle.
Community development organization means as defined by W.S. 9‑12‑301(a)(ii);
Community development organization means a nonprofit corporation that is formed or
Community development organization means any nonprofit corporation that is formed or organized under the Nonprofit Corporation Law (R.C. Chapter 1702.) or the Community Improvement Corporation Law (R.C. Chapter 1724.) and to which both of the following apply: (a) the organization is in good standing under law at the time the county auditor makes the certification of tax delinquency and has remained in good standing uninterrupted for at least the two years immediately preceding the time of that certification, and (b) as of the time the county auditor makes the certification of tax delinquency, the organization has received from the county, municipal corporation, or township in which the abandoned land is located official authority or agreement by a duly authorized officer of that county, municipal corporation, or township to accept the owner's fee simple interest in the abandoned land and to the abandoned land being foreclosed, and that official authority or agreement had been filed with the county treasurer or county board of revision in the form that will reasonably confirm the county's, municipal corporation's, or township's assent to transfer the land to that community development organization under the act.