The Yorktown CDC is a neighborhood-based nonprofit organization whose mission is to plan and develop housing for low to moderate income families and elders of Yorktown and its neighboring communities and to conduct other programs to address the general housing and economic development of residents.
To plan and develop housing and programs for low to moderate income families and elders of Yorktown and its neighboring communities.
The History of Yorktown
The Yorktown community was constructed in 1960 by the Denny Corporation, a private entity, which acquired 153 acres of blighted blocks and abandoned buildings assembled by the Redevelopment Authority of the City of Philadelphia and produced 635 homes that were eventually sold to first-time and, on occasion, second-time homeowners. The “blueprints” for the creation of a totally new community featured and delivered multiple clusters of homes with garages on small blocks, off-street and visitor parking, lush lawns and back yards, tree-lined streets, neighborhood oriented parks, and shared public spaces. Yorktown was then and is now conveniently located less than two miles from Center City, with immediate access to major public transportation and the expressways. The original plan called for and delivered modern and attractive 3- and 4-bedroom homes marketed to and purchased by African-American homebuyers with children. Since that time, Yorktown has served as a model for urban redevelopment and set a precedent for homeownership by African American families in Philadelphia who were largely locked out of the real estate market in many segregated neighborhoods and by discriminatory real estate and lending practices at that time. It was the only community where the first owners were African-American, helping to demonstrate the economic power and home-buying potential of African-Americans and other minorities in the City.