Community Initiatives Development Corporation
"For the purpose of lessening the burdens of government"
Take a look and see an in-depth view of the many projects CIDC has had a hand in developing over the years.
Bronx Parking Development Company, LLC (BPDC) was selected as the developer of the $387 million garage complex at the new Yankee Stadium in Bronx, New York. CIDC is the sole member of BPDC.
Asset Control Area Housing Rehabilitation This unique program in Reading, Pennsylvania purchased and rehabilitated deteriorated housing stock and resold it to inner city residents of low and moderate...
CIDC offers consulting services to governmental entities and non-profit corporations for the purpose of stimulating economic development and creating affordable housing. We also are developers of projects that alleviate the burdens of local government and administer various loan programs.
CIDC assists in funding approximately $600 million in projects annually.
“To lessen the burdens of government.”
CIDC fulfills its mission by providing consulting services in the economic development and affordable housing development arenas to governmental and nonprofit clients. CIDC is a 501-c-3 nonprofit corporation chartered in the Commonwealth of Pennsylvania in 1992.
This month we feature our staff member of the month, the executive director of AmPac Tri State CDC, Hilda Kennedy. Ms. Kennedy, through AmPac Tri State, provides SBA guaranteed 504 loans for new and growing small businesses. Ms. Kennedy has assisted Progress Development Corporation in underwriting 504 loans and SBA debenture transactions. Read More…
CIDC offers the highest quality of economic development consulting found anywhere. Learn More