CDC Of Boston

Community Development Corporation of Boston strives to ensure that all of Boston’s residents have the opportunity to actively participate in its economy by assisting them with business incentives, offering specialized programming, developing work force housing, partnering with other non-profit organizations to provide assistance to the homeless, and, provide insight, advice and services to the underserved population of the City of Boston.

A Message from Mr. Gilmore

“Since the early 1960s, I have been involved in community affairs in the inner city. I was one of the founders of the first minority bank in Boston. Later, I served on the low-Income Housing Commission, whose proposed legislation created the Massachusetts Housing Finance Agency. This history of activism and innovation to meet the needs of the community has helped to shape the efforts of the Community Development Corporation of Boston. The unemployment and urban decay which resulted from the flight of businesses and industries from the inner city presented a challenge demanding new approaches. Through a variety of cooperative relationships with community, city, state, federal financial, and philanthropic organizations, I sought the means to reinvest in the infrastructure of this area and to attract new businesses here. As we have entered into the 21st century, I urge continued cooperative efforts to meet future challenges, particularly job creation in an increasingly technological society.”

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Our Impact in Numbers

At the Community Development Corporation of Boston Inc., we are proud to showcase our achievements through tangible results that positively affect our community.

Units Owned

Individuals Housed

Years of Service

Jobs Created

UPCOMING WORKSHOP

JOIN US ON MARCH 8 AT GRANT A.M.E. CHURCH

We are bringing practical financial education into the neighborhood with a community-first workshop focused on everyday money skills and the path to homeownership. The CDC of Boston is working with banking and financial partners to make these resources easier to access for residents and small business owners.

Aerial view of downtown Boston at dusk, showing historic buildings, city streets, and Boston Common surrounded by dense urban neighborhoods and illuminated city lights.

Financial Literacy + First Time Homebuyer Support

We will host monthly financial literacy workshops covering budgeting and personal financial goals, credit management and repair, banking basics, debt negotiation and resolution, and planning for homeownership and estate planning. We are working with LPL Financial and Rockland Trust to plan and host this program, and we have invited Eastern Bank to have a representative involved.

We will also offer a comprehensive first time homebuyer class for residents who want to take the next step. Volunteer presenters currently include Fred Tannous, a real estate lawyer on the CDC board, and Bernice Osborne of Keller Williams, with additional support being cultivated from Rockland Trust, Coldwell Banker, LPL Financial, and other agencies. Depending on community needs, we will engage a hard money loan specialist as a bridge to traditional financing for those working to improve their credit.

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