The term "local community development" refers to a process that involves improving the quality of life and economic well-being of individuals, families, and communities within a specific geographic area. Full definition
Whether by creating new collaborative structures or working through existing agencies such as local community development corporations, neighborhoods need to assume the central role in designing and implementing strategies for their own improvement. (religion-online.org)
A more progressive alternative is down - up development, with the focus on local community development organizations. (nystateofpolitics.com)
Summary: To amend Title 47 of the District of Columbia Official Code to establish a tax credit program for local community development financial institutions to spur the creation of more affordable housing. (davidgrosso.org)