OPTIMIZING COMMUNITY PLANNING IN TROY, NY: THE ROLE OF THE COMMUNITY DEVELOPMENT CORPORATION MODEL
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Community Development Corporations have been a critical asset to disinvested communities nationwide since the 1960’s. Among many American rustbelt cities, Troy, New York residents face socioeconomic injustices because of the urban renewal regime and continued deteriorating infrastructure. For the Troy community to combat these inequities, it is critical to identify existing services, initiatives, and needs of residents and visitors. This study assesses how an adopted community development corporation model could effectively translate and address these needs. Exploring this topic requires a comprehensive examination of the challenges and opportunities that an organization may encounter, particularly in terms of organizational capacity and financial and political relationships.