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
      • Alex Stockwell, Controller
      • Kate Lackey, Accounting Assistant
      • Malory Jensen, Receivables and Grant Coordinator
      • Madison Prater, Accounts Payable 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

Award Winning

GROWTH is proud of its accomplishments and is humbled by the award recognition it has received through its development efforts: 
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  • Economic Growth Corporation received the Adaptive Reuse/Mixed-Use Award from Preservation Iowa, an organization dedicated to preserving historic resources to enhance the state’s economic and cultural future. The award, presented at the annual Preserve Iowa Summit in June 2024, recognizes projects that repurpose historic structures for new or compatible uses while preserving their architectural integrity. GROWTH was one of eight recipients honored with the prestigious Preservation at Its Best Awards.

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  • Economic Growth Corporation was a recipient of a Community Hero Award under the Organization category by the Community Caring Conference (CCC) for its work in promoting financial literacy and homebuyer education. CCC also gave special acknowledgements to both James Jones, Housing Manager, and Kerry Debus Mangelsdorf, Office Manager & IT, for their significant roles in making GROWTH's financial literacy and homebuyer programs so successful.

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  • Economic Growth Corporation received the 2020 Nonprofit of the Year Award by NW Illinois Economic Development for its redevelopment efforts of Shimer Square.

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  • Economic Growth Corporation received the Best Overall Renovation from the Downtown Springfield, Inc. for its mixed-use development Centre @ 501, a 25-unit mixed-development located in downtown Springfield, IL about three blocks away from the State Capitol. 

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  • Economic Growth Corporation received the Jon Linfield Award from the Illinois Housing Development Authority for its rural affordable housing development Lawrence Lofts, a 20-unit residential development located in downtown Sterling, IL. GROWTH was one of three award winners throughout the state of Illinois. The Jon Linfield Award represents rural/small cities/ non-metro areas in the state. 

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  • Economic Growth Corporation received the 2017 Business Image Award from the Rock Island County NAACP. The award recognizes individuals or groups who promote social justice through creative endeavors. 

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  • GROWTH  received a historic preservation award from The Rock Island County Historic Preservation Society for its historic preservation efforts of Star Block, a $2 million rehabilitation of a 145-year old building in downtown Rock Island.  

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  • GROWTH receives National James Leach Award from the National Community Reinvestment Coalition. The national award recognizes the most outstanding rural non-profit organization in the country that best promotes fair and equal access to credit and capital and/or contributes the most in its community toward promoting wealth building in traditionally underserved populations.

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  • Brian Hollenback receives Federal Home Loan Bank of Chicago Community First Pioneer Award for his work leading the organization's revitalization's efforts (shared with Modern Woodmen Bank).

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  • Federal Home Loan Bank of Chicago's Community First Partnership Award  in the Program / Project Category for the Jackson Square project (shared with Modern Woodmen Bank).

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  • Rock Island Preservation Society recognized GROWTH with two Historic Preservation Awards and two Certificates of Recognition for preservation work done at GROWTH Neighborhood Stabilization Program (NSP) Homes 544 23rd Street, 1603 25th Street, 1209 21st Street, and 905 20th Street.

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  • Rock Island Preservation Society Historic Preservation Award for Jackson Square. 

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  • Certificates of Appreciation from the Quad Cities Riverfront Council received for Jackson Square and McKesson Lofts.

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  • Wyvetter H. Younge Illinois Affordable Housing Award for Jackson Square; the award was in recognition of an excellent and innovative development in a metropolitan area outside Chicago.

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  • Mark W. Schwiebert Sustainability Leadership Award for outstanding leadership in the area of green or sustainable initiatives.

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  • Wyvetter H. Younge Illinois Affordable Housing Award for Douglas Park Place; the award was in recognition of an excellent and innovative development in a metropolitan area outside Chicago.

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  • Eddy Award for Revitalization received from River Action for Jackson Square.

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  • Rock Island Preservation Society Preservation Award for Sala Flats.

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  • Richard H. Driehaus Foundation Preservation Award received for Outstanding Rehabilitation for Sala Flats redevelopment.

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  • Lieutenant Governor's Award for Excellence in Downtown Revitalization was presented to GROWTH for its grassroots downtown development via the Illinois Main Street program.

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  • Illinois Main Street awards for Downtown Promotion was presented to GROWTH for promotion of new downtown housing and events via the Illinois Main Street program.

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  • Rock Island Preservation Society Preservation Award for Renaissance Lofts.

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  • Rock Island Preservation Society Preservation Award for Goldman Lofts.

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
      • Alex Stockwell, Controller
      • Kate Lackey, Accounting Assistant
      • Malory Jensen, Receivables and Grant Coordinator
      • Madison Prater, Accounts Payable 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