Building Higher Education-community Development Corporation Partnerships (Google eBook)
HUD is working to nurture the unique contributions that faculty & students can make to their urban communities. This handbook offers examples of successful collaboration in university-community partnerships, cites lessons learned from these experiences, & serves as a guide for institutions of higher education interested in forming or expanding partnerships with community development corporations. This handbook documents initiatives to build partnerships to more effectively plan & carry out projects to improve the neighborhoods they share. It is a guide for higher educational institutions considering entering or expanding collaborative relationships.
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Page 73 - No part of the net earnings of the corporation shall inure to the benefit of, or be distributable to, its members, directors, officers, or other private persons, except that the corporation shall be authorized and empowered to pay reasonable compensation for services rendered.
Page 74 - Association is organized exclusively for educational and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under Section 501 (c) (3) of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Code).
Page 25 - The key to neighborhood regeneration. ..is to locate all of the available local assets, to begin connecting them with one another in ways that multiply their power and effectiveness...
Page 25 - ... and, in most of our urban neighborhoods, there is no other choice. Creative neighborhood leaders across the country have begun to recognize this hard truth, and have shifted their practices accordingly. They are discovering that wherever there are effective community development efforts, those efforts are based upon an understanding, or map, of the community's assets, capacities and abilities. For it is clear that even the poorest neighborhood is a place where individuals and organizations represent...
Page 25 - First, all the historic evidence indicates that significant community development takes place only when local community people are committed to investing themselves and their resources in the effort.
Page 73 - ... no part of its net earnings may inure to the benefit of any private shareholder or individual, and no substantial part of its activities may consist of "carrying on propaganda, or otherwise attempting, to influence legislation,
Page 69 - Force has proven its worth as a successful program to revitalize older urban neighborhoods by mobilizing public, private, and community resources at the neighborhood level; and (2) the demand for neighborhood housing services programs in cities throughout the United States warrants the creation of a public corporation to institutionalize and expand the neighborhood housing services program and other programs of the present Urban Reinvestment Task Force.
Page 20 - Publication of a project, sponsored by the Center for Urban and Regional Affairs at the University of Minnesota...
Page 75 - Thus, the procedures in paragraph (b) (5) of § 601.105 will be followed. (10) (i) Exemption is usually effective as of the date of formation of an organization if, during the period prior to the date of the ruling or determination letter, the purposes and activities of the organization were entirely consistent with the facts constituting the basis for the exemption. If the organization is required to curtail or alter its activities, or to make substantive amendments to its enabling...