Over the last several decades researchers have demonstrated that our nations' youth are exposed to shocking rates of violence within their communities. Community violence exposure (CVE) is correlated to a frightening array of negative behavioral, affective, and developmental outcomes. Effective and sustainable intervention for this population requires an understanding of the factors that mediate the relationship between CVE and harmful outcomes. This study investigated the mediating role of adolescent and parental moral development on the relationship between community violence exposure and negative behavioral symptomology. It further investigated the relationship between community violence exposure, moral development, and internalizing and externalizing behaviors. Data was collected on parent and adolescent moral development, youth and parent report of behavioral symptomology, and youth report of CVE from twenty-one families. Pearson-Product Moment correlations revealed support for the hypothesized relationship between CVE and externalizing behaviors and partial support for the relationship between moral development and externalizing behaviors (at the .05 level). The path analyses were severely limited by the number of participants; however, they did reveal statistically significant data supporting the role of moral development in mediating the relationship between CVE and internalizing behaviors. This study lends preliminary empirical support for the role of moral development as a significant mediator and suggests that the study be replicated with a larger sample size.