Committee backs local certification for community development corporations with reporting requirement
The HUDZ committee unanimously recommended Board Bill 41 with amendments after testimony from CDC leaders and SLDC. The ordinance would define and certify CDCs, set minimum governance and capacity standards, require SLDC-run certification and a public registry, and obligate annual implementation reporting.
The full story
Vice Chair Sonia Sonnier introduced Board Bill 41 on Tuesday, saying the ordinance would create a city definition and certification process for community development corporations (CDCs), set basic governance and capacity requirements and allow the city to prioritize or reserve funding streams for certified CDCs.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in