Compact Corporation (“the Compact”) is a nonprofit community
development corporation working to improve the quality of
life in the central city neighborhoods of Columbus, Ohio.
The Compact is a catalyst for growth. We work with central
city neighborhoods and other stakeholders to analyze, plan,
finance, and implement high-impact community redevelopment
systems and projects.
Our primary areas of
Neighborhood-Scale Commercial Real Estate Development:
We concentrate on
developing real estate in specific areas, at a scale
that creates real change in our neighborhoods.
Development Financing: We
lend money to new and existing businesses that bring
jobs, goods and services, or add to the commercial tax
We have an outstanding administrative infrastructure,
and we consult with other businesses and non-profit
corporation to help them become more effective.
The Compact is
also charged with leading the U.S. Department of Housing and
Urban Development-designated “Columbus Empowerment Zone”
This 10-year federal designation, conferred in
1999 to our partner the City of Columbus, is designed to
focus community redevelopment strategies and resources, in
such a manner as to rebuild our city’s most distressed urban
neighborhoods, and make them places that people want to come
to live, work, and play.