Us Code § 9802 - "Community development corporation" defined
Full text of Us Code United States Code § 9802 — "Community development corporation" defined, with citation guidance and answers to common questions.
§ 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.
(Pub. L. 97–35, title VI, §613, Aug. 13, 1981, 95 Stat. 489.)
About This Section
42 U.S.C. § 9802 is part of Title 42 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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