local nonprofit organization
Defined in 1 dictionary — U.S. Code
United States Code
42 U.S.C. § 1472 — under this section (7 versions over time)
Local nonprofit organization.—The term "local nonprofit organization" means a nonprofit organization that—
(I) has a broad based board reflecting various interests in the community or trade area; and
(II) is a not-for-profit charitable organization whose principal purposes include developing or managing low income housing or community development projects.