Nonprofit community-based organizations formed by residents, small business owners, faith congregations and other local stakeholders to revitalize low and/or moderate income communities through initiatives whose objectives are to eliminate slums and blight, prevent deterioration of existing structures, conserve and expand affordable housing, restore and preserve properties of historical or architectural interest, create jobs, recruit and support small businesses, improve and expand vital social services, engage in long-term community planning and meet other local development needs.

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Organizations that are engaged in transactions involving the creation, liquidation or change in ownership of financial assets and/or facilitating financial transactions.

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Programs that provide technical assistance, financing and a wide variety of other services that support the attraction, expansion and retention of local businesses, assure their competitiveness and help them remain as assets to the local economy.

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Programs that monitor and analyze the current housing environment in a community and provide support for the development, finance, management and preservation of a mix of decent, safe and affordable housing for individuals and families of all income levels. Housing development programs improve the livability of communities, expand home ownership opportunities, build a strong tax base, encourage safe streets and empower neighbourhoods and communities to flourish.

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Programs which ensure that discoveries, innovations, inventions and improvements, especially those developed within the space program or through other programs using public dollars, are shared with private industry, academic institutions and government organizations at all levels.

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Programs that provide technical assistance, venture capital, loans, loan guarantees and other forms of management and financial support for individuals or groups who want to develop or expand the operation of businesses that are located in particular areas (e.g., in rural areas, in a particular region of the country).

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Programs that provide tourism marketing and development strategies for local communities. Also included are programs that provide incentives for the development or expansion of tourist facilities, usually cultural or historic sites, areas of scenic beauty or distinctive natural phenomena, theme parks, amusement parks, venues for theatrical or music productions, botanical gardens, and cultural and educational centres.

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