Community Catalysts Development Company

Overview

Community Catalysts Development Company is a nonprofit organization dedicated to developing affordable and attainable housing for vulnerable populations. It was established in January 2020 as a subsidiary of Community Catalysts, with the mission of creating quality housing options that enable seniors, veterans, formerly homeless individuals, and people with low income to thrive in their communities.

Mission and Objectives

The organization focuses on addressing housing inequality by providing accessible housing solutions. Its mission is to add quality, attainable housing that supports the well-being and prosperity of its target groups. This includes fostering environments where these individuals can live with dignity and access necessary resources for a better quality of life.

Formation and Structure

Community Catalysts Development Company was created following a strategic decision by Community Catalysts' Board of Directors in late 2019. The formation of this nonprofit entity aimed to concentrate efforts on affordable housing development, leveraging the parent organization's expertise and network to achieve its goals.

Impact and Activities

While specific projects and achievements are not detailed in available sources, the company's work aligns with broader efforts to address housing disparities and support underserved communities. As part of its broader mission, Community Catalysts Development Company likely engages in partnerships, advocacy, and community engagement to further affordable housing initiatives.

Legal Status

Community Catalysts Development Company operates as a 501(c)(3) nonprofit organization, classified under EIN 844785990. This status allows it to focus on charitable work and receive tax-deductible donations to support its mission.

Relationship with Other Organizations

The organization is associated with Community Catalysts, a broader entity involved in affordable housing initiatives. While distinct in focus, both entities share a commitment to improving community well-being through affordable housing solutions. However, Community Catalysts Development Company's specific focus on housing development distinguishes it from other Community Catalysts activities.