423 Market Street was LAEDA's first redevelopment project. The project was undertaken to redevelop the building for use as LAEDA's headquarters and training center as well as to house the Camden Community Credit Union, an enterprise of LAEDA.
The Entrepreneurial Development Training Program (EDTP) is implemented in 1990 in response to the need to provide alternate routes to employment to residents through business ownership.
The Latin American Economic Development Association, Inc. (LAEDA) is incorporated in New Jersey in December of 1987 as a nonprofit, 501 (c) (3) tax-exempt corporation.