Econsult Solutions, Inc. (ESI) was asked by the Housing and Community Development Network of New Jersey to contribute on their economic impact report, Stronger Together. The report was recently featured on WMBC-TV on Wednesday, June 17, 2015.
The report, titled, Stronger Together: The $12 Billion Impact of Community Development Corporations in New Jersey, was published last year and explores New Jersey Community Development Corporations (CDCs) and the value that they can add to New Jersey’s economy, in particular, in creating solutions for New Jersey’s affordable housing shortage.
New Jersey CDCs are non-profit organizations that work to revitalize their local communities. This includes the construction of new affordable housing, the building and reconstruction of small commercial spaces, and the creation of jobs, including offering job training.
The report findings reveal:
For more information on the report in the news, click here.
For more information on the Housing and Community Development Network of New Jersey, click here.