Who We are, What We Do

GROWTH is a 501(c)3 non-profit with a mission to work in community and economic development underscores our commitment to enhancing the overall image and economic vitality of communities in need of employment opportunities, investment, and market-driven housing. GROWTH celebrated its 40th Anniversary in December 2023, and was featured in an article by WHBF showcasing its past and what is planned for the future. Click here to read the article. 

GROWTH 40 YEAR MILESTONES (1982-2022)

Multifamily Development
• 20 Multifamily Developments creating 351 rental housing units investing $81.7 Million to date, supporting 1,026 jobs

Single Family Development
• 391 Single Family Units Developed investing $73.4 Million to Date, supporting 707 jobs

Single Family Rehabilitation
• 166 Single Family Rehab Units investing $5.2 Million to Date, supporting 42 jobs

Homebuyer Activity
• 850 Homebuyers assisted to date purchase homes in northwest Illinois, deploying $15.4 Million in downpayment assistance to date, supporting 120 peripheral jobs

Financial Literacy & Housing Counseling
• 3,000 individuals provided in homebuyer education
• 404 assisted in foreclosure prevention and emergency mortgage assistance
• 1,173 assisted in emergency rental assistance

Central States Development Partners, Inc
• 29 New Market Tax Credit transactions to date investing $217.4 Million in deeply distressed census tracts in 14 states and growing
• Transactions represent a total of $683.9 Million in total project costs
• Supported 10,729 jobs to date

Home Base Property Management, LLC
• 236 units of residential housing under management
• 45 commercial units under management

Growth General Contracting, LLC
• 3 residential developments completed
• 2 commercial development completed
• 3 construction projects in progress

100 19th Street, STE 109
Rock Island, IL 61201
309-794-6711
​[email protected]
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.