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§ 9802. “Community development corporation” defined

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Release point 119-83 · current through 04/13/2026

§ 9802.

“Community development corporation” defined

For purposes of this subchapter, the term “community development corporation” means a nonprofit organization responsible to residents of the area it serves which is receiving financial assistance under part A and any organization more than 50 percent of which is owned by such an organization, or otherwise controlled by such an organization, or designated by such an organization for the purpose of this subchapter.

Source(Pub. L. 97–35, title VI, § 613,
Aug. 13, 1981
, 95 Stat. 489.)

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Cite this exact text: /us/usc/?id=idbedbcd42-3a70-11f1-ae07-e4213316b5fa

Citation URL: /us/usc/t42/s9802?release=119-83