It's Not the Size of Your CDC That Matters; It's How You Use It

Patrick Morrissy discusses his experience with HANDS, a small-scale community development corporation that's made a big impact in Orange, N.J. CDCs can stay relevant, he says, not if they go to scale, but if they take risks in a leadership role.

"If you think what’s wrong with CDCs today is their failure to “go to scale,” you are looking in the fundamentally wrong direction, asking the wrong questions.

While I do believe it’s essential for CDCs to be well capitalized and capable of transacting real estate business to be effective, I also believe that a CDC’s worth lies with: (1) its chosen role within its community, (2) the set of strategies chosen to achieve the desired impact, and (3) the methods it employs on behalf of those strategies. The bottom line is the impact that results from this practice."

Full Story: Scale, Schmale. What About Impact?

Comments

Prepare for the AICP* Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245

Essential Readings in Urban Planning

Planning on taking the AICP* Exam? Register for Planetizen's AICP * Exam Preparation Course to save $25.
Women's t-shirt with map of Los Angeles

City T-Shirts for the ladies!

Women's Supersoft CityFabric© Fashion Fit Tees. Now available in six different cities.
$24.00
Book cover of Insider's Guide to Careers in Urban Planning

So you want to be a planner...

Check out our behind the scenes look at 25 careers in the Urban Planning field
Starting at $14.95