Recognizes that private nonprofit corporations fill an important public purpose in providing health, safety, and welfare services to our state's residents. Acting through partnerships with governmental entities, these private sector providers are able to increase the amount and quality of services available to state residents, conferring a valuable benefit on the public.

Finds that existing programs by governmental entities and private nonprofit organizations to help distressed communities and underserved, low-income populations could be enhanced by creating the community development fund.