The Edmonton Community Development Company is a non-profit organization devoted to working with inner city neighbourhoods in the areas of economic development, job training and creation, affordable housing, social infrastructure (e.g. child care centres, community kitchens and gardens) and other development that will add value to the socio-economic lives of area residents.
Although discussed for years, the ECDC got legs at the Mayor’s Taskforce to Eliminate Poverty, in particular at the Task Force’s Working Group on Housing and Transportation, which recommended its creation and to the Task Force and was met with unanimous endorsement.
Long-term funding and parcels of land value at approximately $10 million have been provided by the City of Edmonton and other funding came in from the Edmonton Community Foundation, Homeward Trust, United Way of the Alberta Capital Region, and the Stollery Charitable Foundation.
While the Edmonton CDC began its work in 2017, it did not hire its executive director, Mark Holmgren, until early January 2018.
The Edmonton CDC is a non-profit Part 9 company.
VISION Distressed communities have the capacity to build stable housing, create employment, and further the economic and social development of their neighbourhoods.
MISSION The mission of the CDC is to promote the renewal of distressed neighbourhoods through a Community Economic Development approach. Edmonton’s CDC will help families increase financial security, enables inclusive economic development and fosters thriving communities.
- Use a community economic development approach to combat poverty at the local level.
- Deliver products aligned with community needs and priorities.
- Create benefits that accrue to all members of the communities it serves.
- Concentrate resources within a defined geographic area to achieve maximum impact.
- Be nimble, entrepreneurial and solution-oriented.
- Integrate and leverage multiple poverty reduction strategies.
- Activate new partnerships and forms of collaboration as it works to reduce poverty