ECONOMIC GROWTH CORPORATION
  • About
    • Who We Are, What We Do
    • Meet the Team >
      • Brian Hollenback, President/CEO
      • Cindy Berg, Chief Financial Officer
      • Beth Payne, Senior Vice President
      • Carey Jorgensen, Director of Property Management
      • Andrew Fisher, Construction Director
      • Kerry Mangelsdorf, Office Manager & IT Support
      • James Jones, Housing Manager
      • Frank Perez, Financial Education Coordinator
      • Jeremy Crafton, Project Manager
      • Kate Lackey, Accounting Assistant
      • Alex Stockwell, Controller
      • Malory Jensen, Receivables and Grant Coordinator
      • Heather Starr, Executive Assistant
    • Awards
    • Bidding Opportunities >
      • Bid Process for New Contractors
  • Development
    • Multifamily >
      • Shimer Square
      • Northside Lofts
      • Wilson Lofts
      • Sala Flats
      • Renaissance & Goldman Lofts
      • Centre @ 501
      • Coatsworth Apartments
      • Lawrence Lofts
      • Star Block
      • The Locks
      • Jackson Square
      • Goldman Family Block
      • McKesson Lofts
      • Voss Brothers Lofts
      • Douglas Park Place
      • Bowlby Condominiums
      • Clipper Condominiums
      • Goldman Lofts
      • Renaissance Lofts
      • Broadway Townhomes
      • Murphy Lofts
    • Single Family >
      • Garden District
      • New Old Chicago Redevelopment Subdivision
      • Villas at College Hill
    • Neighborhood Stabilization Program
    • Illinois Attorney General Foreclosure Settlement Funds
  • Programs
    • Buying A Home >
      • Live-Work Rock Island
      • Moline Downpayment Housing Program
    • Fixing My Home
  • Housing Counseling
    • Housing Counseling Services >
      • Financial Literacy & Housing Counseling
      • Alfabetización financiera y educación para compradores de vivienda
    • Homebuyer Education >
      • Homebuyer Class Schedule
    • Personal Growth Workshop
    • Post Purchase Class
  • Subsidiaries
    • Central States Development Partners, Inc.
    • Home Base Property Management, LLC
    • Growth General Contracting, LLC
  • Publications
  • Contact

Empowering Communities for Over 40 Years

Economic Growth Corporation (GROWTH) is a mission-driven, community-based development organization dedicated to revitalizing underserved communities across the nation. With over 40 years of experience in community and economic development, we are dedicated to enhancing the image and economic vitality of communities in need of jobs, investment, and housing.

Our work is built on collaboration and a shared commitment to strengthening communities. As we expand nationally, our community-driven approach remains central to our mission as we continue focusing on developing housing that meets the needs of the communities we serve, ensuring our efforts align with local goals.

Our subsidiaries include:
  • Growth General Contracting LLC (GGC): Specializing in the construction of residential and commercial developments.
  • Home Base Property Management LLC (Home Base): Managing residential and commercial properties owned by GROWTH and other entities.
  • Central States Development Partners, Inc. (Central States): Allocating New Market Tax Credits to qualified businesses in highly distressed communities nationwide.
  • We are also proud to be a HUD-approved housing counseling agency, offering invaluable resources such as financial literacy, homebuyer education, and down payment assistance to help individuals and families achieve brighter futures.
  • As a designated Community Housing Development Organization, GROWTH is committed to serving these areas effectively, driving progress, and creating lasting change.​

Our success is driven by the trust and collaboration of our development partners, stakeholders, and the communities we serve. Thank you for supporting our efforts to continue making a meaningful impact.
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Thank you for attending the 2025 Pitch. Connect. Fund. Development Forum
Pitch.Connect.Fund. Development Forum strengthened businesses, developers, entrepreneurs, and nonprofits on their knowledge to bridge financial gaps to help bring transformative projects to life. The event featured morning pitch sessions, followed by an afternoon of discussions lead by speakers with innovative sources of capital. The demand spoke for itself— 15 projects requested a total of $88.3 million, representing $148.9 million in total project costs. Pitches spanned metro communities like Chicago, Illinois (population 2.6 million), to non-metro areas such as Mason City, Iowa (population 26, 906), and rural communities like Joy, Illinois (population 364)—demonstrating the widespread need for gap financing. Activities will directly benefit communities now and into the future by expanding manufacturing, enhancing community facilities, driving job creation, increasing affordable housing, and supporting small businesses across Illinois and Iowa.

100 19th Street, STE 109
Rock Island, IL 61201
309-794-6711
​[email protected]
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Economic Growth Corporation and its subsidiaries are Equal Opportunity Providers.

Fair Housing/ Equal Opportunity Statements:
We are pledged to the letter and spirit of U.S. Policy for the achievement of equal housing opportunity throughout the nation. ​​In accordance with federal law and the U.S. Department of the Treasury policy, Central States Development Partners, Inc. is prohibited from discriminating on the basis of race, color, national origin, sex, age or disability.  

Conflict of Interest Statement:
Economic Growth Corporation and its affiliates (collectively, GROWTH) require staff and members of the Board of Directors to comply with all applicable federal, state and local laws, rules and regulations pertaining to GROWTH’s activities, to conduct themselves ethically and with integrity; and to avoid any conflict between their own interests and the interests of GROWTH. 

  
  • About
    • Who We Are, What We Do
    • Meet the Team >
      • Brian Hollenback, President/CEO
      • Cindy Berg, Chief Financial Officer
      • Beth Payne, Senior Vice President
      • Carey Jorgensen, Director of Property Management
      • Andrew Fisher, Construction Director
      • Kerry Mangelsdorf, Office Manager & IT Support
      • James Jones, Housing Manager
      • Frank Perez, Financial Education Coordinator
      • Jeremy Crafton, Project Manager
      • Kate Lackey, Accounting Assistant
      • Alex Stockwell, Controller
      • Malory Jensen, Receivables and Grant Coordinator
      • Heather Starr, Executive Assistant
    • Awards
    • Bidding Opportunities >
      • Bid Process for New Contractors
  • Development
    • Multifamily >
      • Shimer Square
      • Northside Lofts
      • Wilson Lofts
      • Sala Flats
      • Renaissance & Goldman Lofts
      • Centre @ 501
      • Coatsworth Apartments
      • Lawrence Lofts
      • Star Block
      • The Locks
      • Jackson Square
      • Goldman Family Block
      • McKesson Lofts
      • Voss Brothers Lofts
      • Douglas Park Place
      • Bowlby Condominiums
      • Clipper Condominiums
      • Goldman Lofts
      • Renaissance Lofts
      • Broadway Townhomes
      • Murphy Lofts
    • Single Family >
      • Garden District
      • New Old Chicago Redevelopment Subdivision
      • Villas at College Hill
    • Neighborhood Stabilization Program
    • Illinois Attorney General Foreclosure Settlement Funds
  • Programs
    • Buying A Home >
      • Live-Work Rock Island
      • Moline Downpayment Housing Program
    • Fixing My Home
  • Housing Counseling
    • Housing Counseling Services >
      • Financial Literacy & Housing Counseling
      • Alfabetización financiera y educación para compradores de vivienda
    • Homebuyer Education >
      • Homebuyer Class Schedule
    • Personal Growth Workshop
    • Post Purchase Class
  • Subsidiaries
    • Central States Development Partners, Inc.
    • Home Base Property Management, LLC
    • Growth General Contracting, LLC
  • Publications
  • Contact