Codman Square Neighborhood Development

What Codman Square Neighborhood Development does

Codman Square Neighborhood Development Corporation (CSNDC) is a 501(c)(3) nonprofit community development corporation founded September 18, 1981, and headquartered at 587 Washington Street in Dorchester, Massachusetts. CSNDC serves low- and moderate-income residents of color across a two-square-mile area of Codman Square and South Dorchester through an integrated portfolio of affordable housing, economic opportunity, community engagement, and environmental justice programs. Its core products include a portfolio of nearly 1,000 affordable rental housing units (managed by WinnResidential on CSNDC's behalf), homeownership development, first-time homebuyer education, foreclosure prevention, financial coaching (RI$E program and Family Self-Sufficiency with Compass Working Capital), small business technical assistance (DotBiz), workforce training (Computer Learning Center, Ready Set Work), and resident leadership programs including the Anti-Racism Academy and community affinity groups. Environmental programs include OASIS on Ballou Urban Farm, Green Infrastructure Certification Training, and Climate Justice Alliance advocacy.

CSNDC's business model is a multi-stream nonprofit revenue architecture: (1) rental income from affordable housing operations, (2) government and foundation grants (MassDevelopment, Cummings Foundation, Cambridge Savings Bank, AmeriCorps, NeighborWorks America), (3) charitable donations from individuals and corporations eligible for a 50% Massachusetts Community Investment Tax Credit (CITC) on gifts of $1,000+, and (4) limited program and service fees. The organization employs 25+ staff led by Executive Director Dr. Ingrid Tucker (appointed January 2026), with governance by a Board of Directors chaired by Maridena Rojas. CSNDC accesses NeighborWorks Chartered Member status and holds a Candid Platinum Seal of Transparency 2025.

Over four decades CSNDC has developed more than 1,400 housing units and currently houses over 2,500 residents in its rental portfolio. Its technology stack is minimal — there is no proprietary software or technology product; service delivery is human-led through community-based programming, workshops, one-on-one counseling, and partner referrals. Strategic positioning centers on a "bricks-plus-people" model combining real estate development with resident organizing and anti-displacement advocacy (Keeping Codman Affordable campaign), differentiating CSNDC from single-vertical CDCs.

Name

Codman Square Neighborhood Development

Legal name

Codman Square Neighborhood Development Corporation

Website

https://csndc.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

11–50 employees

Short description

Codman Square Neighborhood Development Corporation is a 501(c)(3) nonprofit community development corporation serving low- and moderate-income residents of color in Dorchester, Massachusetts through affordable housing, financial empowerment, small business support, and environmental justice programs.

Ownership category

akta.pro rank

Product category

Community Development & Affordable Housing Services

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116), New Housing For-Sale Builders (236117), Residential Property Managers (531311), Residential Building Construction (2361), Administration of Housing Programs (925110)

SIC

Operators Of Apartment Buildings (6513), Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

akta.pro secondary industries

Residential Affordable Housing Development & Construction (IMAFABAI), Affordable Housing Property Management (BPAJAGAJ), State/Provincial Housing, Urban/Regional Planning & Community Development (BPAIABAM)

Keywords

• Community development
• Affordable housing
• Financial empowerment
• Small business assistance
• Community organizing

Headquarters

HQ city

Dorchester

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Donations and Charitable Contributions: CSNDC is a 501(c)(3) nonprofit that relies on individual and corporate donations. Donors giving $1,000 or more may receive a 50% Massachusetts state tax credit through the Community Investment Tax Credit (CITC) program in addition to a federal deduction. EIN: 04-2752507.
2. Government and Foundation Grants: CSNDC receives grants from government agencies (MassDevelopment, City of Boston, federal programs) and foundations such as the Cummings Foundation. These fund specific programs and capital projects.
3. Affordable Housing Operations: Rental income from over 1,000 affordable rental units in CSNDC's housing portfolio. Properties are managed by WinnResidential on behalf of CSNDC.
4. Program and Service Fees: Revenue from programs and services including small business technical assistance, first-time homebuyer education workshops, and financial coaching. Many services are offered free to residents, supported by grant funding.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

Codman Square Neighborhood Development Corporation is a nonprofit community development corporation that develops and manages affordable housing (rental and homeownership) and delivers wraparound resident services including financial coaching, first-time homebuyer education, foreclosure prevention, small business technical assistance, workforce training, community organizing, and environmental justice programming for low- and moderate-income residents of Codman Square and South Dorchester. Housing properties are managed in partnership with WinnResidential, and most resident-facing services are provided free of charge.

Product overview

Codman Square Neighborhood Development Corporation operates as a comprehensive community development organization offering a multi-faceted portfolio of programs and services rather than a unified tech product or platform. The core offerings include affordable housing development and management (rental and homeownership properties), financial empowerment services (RI$E financial fitness education, counseling, and Family Self-Sufficiency Program), small business development (DotBiz technical assistance), workforce training (Computer Learning Center, Ready Set Work, CORI-Friendly Job Fair), and community engagement initiatives (Resident Leadership Institute, Anti-Racism Academy, affinity groups). Environmental programs include OASIS on Ballou Urban Farm and Green Infrastructure Certification Training. These services work together to serve the organization's mission of building affordable housing and fighting for racial and economic justice in Dorchester.

Differentiator

Problem solved

Functional benefit

Brands

• RI$E Program: Reaching Independence through $elf-Empowerment - a comprehensive 4-week financial fitness course supplemented with one-on-one budget and credit coaching.
• OASIS on Ballou
• Anti-Racism Academy (Equity Army)
• DotBiz

Products and services

• Affordable Rental Housing Portfolio Affordable rental housing units for low- and moderate-income residents in Codman Square and South Dorchester, managed in partnership with WinnResidential; over 1,000 units housing more than 2,500 people.
• Affordable Homeownership Properties Homeownership developments including New England Heritage Homes (NEHH), providing affordable for-sale homes (typically 80%–100% AMI) as a wealth-building and anti-displacement strategy for residents.
• Affordable Housing Application & Eviction Prevention Services Application assistance for affordable rental units through WinnResidential, plus eviction prevention via referrals to Metro Housing Boston's RAFT (Residential Assistance for Families in Transition) program.
• First-Time Homebuyer Education

Quantifiable outcome

• Over 1,000 affordable rental units maintained for safe, stable housing in Codman Square
• +6 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• Metro Housing BostoncoreStrategic or Co-development PartnerCSNDC has an expanded partnership with Metro Housing Boston, the regional housing authority, to refer tenants at risk of eviction due to inability to pay rent to Metro Housing's RAFT (Residential Assistance for Families in Transition) program. This is a key anti-eviction and homelessness prevention partnership.
• Compass Working CapitalcoreStrategic or Co-development PartnerCSNDC launched the Family Self-Sufficiency (FSS) program in partnership with Compass Working Capital, a nonprofit financial services organization, and WinnCompanies. Compass provides highly trained financial coaches who help residents create individualized plans to build financial stability.
• Rebuilding Together BostoncoreStrategic or Co-development PartnerCSNDC has partnered with Rebuilding Together Boston (RTB) to offer critical home repairs at no cost to selected lower-income homeowners in and around Codman Square. The program mobilizes volunteers, skilled workers, and tradespeople to address deferred maintenance. Since the partnership began, approximately two dozen homeowners have been served.
• NeighborWorks AmericacoreStrategic or Co-development PartnerCSNDC is a NeighborWorks Chartered Member, part of a national network of community development organizations. CSNDC staff (Gail Latimore and Meredith Garaghty) participated in NeighborWorks America's two-year Race, Equity, Diversity and Inclusion (REDI) training, and CSNDC is featured in NeighborWorks communications.
• United Way of Massachusetts BayminorStrategic or Co-development PartnerCSNDC is affiliated with United Way of Massachusetts Bay, listed among the organization's community partnerships and affiliations.
• WinnResidentialcoreChannel Partner/ Reseller/ DistributorWinnResidential manages all rental properties in CSNDC's housing portfolio. Prospective tenants apply for affordable housing through Winn's application system. CSNDC works with WinnCompanies in the Family Self-Sufficiency program as well.
• All In EnergyminorStrategic or Co-development PartnerCSNDC has partnered with the nonprofit All In Energy to connect renters, landlords, and homeowners in buildings with 1–4 units to energy-savings programs. This supports CSNDC's climate and energy goals.
• Massachusetts Association of Community Development Corporations (MACDC)minorStrategic or Co-development PartnerCSNDC participates in the Community Investment Tax Credit (CITC) program administered by MACDC. The CITC creates opportunities for donors to receive 50% state tax credits while investing in community development corporations in Massachusetts.

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Urban Edge Housing Corporation: Boston-area CDC developing and managing affordable rental and homeownership housing in Roxbury and surrounding neighborhoods. Directly comparable mission, housing-developer model, and LMI target population.
• Dorchester Bay Economic Development Corporation: Dorchester-based CDC offering affordable housing development, small business support, and workforce training in the same Boston neighborhood as CSNDC. Operates a virtually identical integrated community development model.
• The Community Builders: Large nonprofit affordable housing developer with a significant Boston/Massachusetts portfolio. Comparable LIHTC-driven multifamily development pipeline and resident services programming.
• Nuestra Comunidad Development Corporation: Boston-area CDC focused on Latino community wealth-building through affordable housing, small business, and economic development. Highly comparable integrated CDC model and target geography.
• Madison Park Development Corporation: Boston Roxbury-based CDC combining affordable housing, workforce development, and community services. Operates the same CDC category as CSNDC with comparable federal/state grant reliance.
• Asian Community Development Corporation: Boston Chinatown-area CDC delivering affordable housing, small business assistance, and community programs to LMI residents. Same nonprofit CDC classification, Boston metro geography, and resident services bundle.

Broad incumbents

• Preservation of Affordable Housing (POAH): National nonprofit acquirer/operator of affordable rental housing. Larger scale than CSNDC, but operates comparable LIHTC-funded multifamily preservation strategy with resident services integration.
• WinnCompanies: National multifamily owner/operator and CSNDC's property management partner. Larger and broader, but directly comparable as a multifamily affordable housing operator managing CSNDC's portfolio.
• LISC (Local Initiatives Support Corporation): National CDFI providing capital, grants, and technical assistance to CDCs like CSNDC. Comparable mission focus but operates as an intermediary funder rather than direct developer.
• Boston Housing Authority: Public housing authority serving the same low-income Boston residents as CSNDC. Overlapping resident base and affordable housing focus, though operating as a government agency rather than nonprofit CDC.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/@CSNDC
• Facebookfacebook.com/Codman-Square-Neighborhood-Development-Corporation-100159101810398
• LinkedInlinkedin.com/company/codman-square-neighborhood-development-corporation

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Codman Square Neighborhood Development