What is Community Development?
Community Development Long Island (CDLI) is a nonprofit organization committed to empowering homeownership and fostering community development across Long Island. The organization offers a comprehensive suite of services, including affordable rental options, homeownership education programs, and vital resources for property developers and owners. CDLI actively collaborates with a diverse range of stakeholders to cultivate sustainable and inclusive communities. Their work involves providing financial coaching and support to individuals and families, with a core mission to invest in housing and economic aspirations, thereby ensuring vibrant and equitable living environments for all Long Island residents.
How much funding has Community Development raised?
Community Development has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Community Development
PPP
Public-Private Partnership
What's next for Community Development?
The recent major strategic investment signals a new phase of growth for Community Development. This capital infusion is expected to accelerate the organization's initiatives in affordable housing and community economic development. Future endeavors will likely focus on expanding their service reach, enhancing existing programs, and forging new partnerships to further their mission of creating equitable living environments. The organization's commitment to empowering homeownership dreams and fostering sustainable communities positions it for continued impact.
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