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“Joint Ventures with For-Profit Developers: A Guide for Community Development Corporations”

This guide is designed to assist CDCs in becoming educated consumers as they think about, plan and become partners in joint ventures with for-profit developers.

Joint ventures between a community development corporation ("CDC") and a for-profit partner present tremendous opportunities for a CDC to build its skills and complete projects that are larger in scale and/or beyond its core competencies.

However, there are a host of business issues raised by the prospect of a CDC co-owning or working closely with a for-profit on a project. Many issues need to be carefully negotiated for the CDC to protect its financial integrity and credibility.

“Joint Ventures with For-Profit Developers: A Guide for Community Development Corporations”

Posted in Housing Development and Preservation

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