Updated:
DELRAY BEACH COMMUNITY DEVELOPMENT CORPORATION
Delray Beach Community Development Corporation (DB CDC) is an institutional investor operating as an endowment/foundation based in Delray Beach, Florida.
DELRAY BEACH COMMUNITY DEVELOPMENT CORPORATION
Delray Beach Community Development Corporation (DB CDC) is an institutional investor operating as an endowment/foundation based in Delray Beach, Florida. Established in 1992, the organization focuses on providing sustainable housing opportunities and stimulating economic development within the local community. Its investment strategy centers on partnering with neighborhood residents, public service providers, government agencies at local, state and federal levels, and local businesses to deliver development projects. To date DB CDC has built more than 300 housing units, aiming to increase home‑ownership opportunities and improve neighborhood housing quality. The corporation also seeks to encourage business development, attract financial investment, and create and retain jobs as part of its equity‑driven mission. Funding is sourced through donations and community support, which are directed toward its housing and economic‑development programs. The organization measures success by the number of completed housing projects and the broader impact on quality of life in Delray Beach.
General information
Firm type
Endowment / Foundation
Location
Country
United States
City
DELRAY BEACH
Corporate office
DELRAY BEACH, United States
Sector focus
Frequently asked questions
What is DB CDC’s primary investment focus?
DB CDC invests primarily in sustainable housing projects and broader community economic development initiatives in Delray Beach, Florida.
How does DB CDC implement its strategy?
It partners with neighborhood residents, public service providers, local, state and federal government agencies, and local businesses to develop and construct housing and stimulate business growth.
What measurable outcomes has DB CDC achieved?
The organization has built over 300 housing units, increased home‑ownership opportunities, improved neighborhood housing quality, and created and retained jobs.
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