65. What is the definition of a “community development, mission-driven entity”?

A community development, mission-driven entity is an organization that focuses on improving the quality of life of underserved people and/or distressed geographies. Examples of promoting community development include:

• the provision of responsible Financial Products and Financial Services to Low-Income borrowers, Other Targeted Populations, and/or residents of and businesses located in economically distressed communities;
• efforts to promote affordable housing, community-serving facilities, and economic development in economically distressed communities; and/or
• supporting the provision of community services such as child care, education, health care, social services, or workforce development.