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  5. Economic Growth Corporation
Economic Growth Corporation logo

Economic Growth Corporation

11–50 employees 3 principals

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Last updated 2mo ago

About Economic Growth Corporation

Economic Growth Corporation is a real estate operator. Economic Growth Corporation operates in Davenport-Moline-Rock Island, Iowa-Illinois. Its investment focus is on Affordable Housing, Historic Tax Credits and LIHTC.

Economic Growth Corporation (GROWTH) is a nonprofit community-based developer founded in 1982, now operating for over 40 years. Over its history, GROWTH has delivered 20 multifamily developments totaling 351 rental units (investment $81.7 million), developed 391 new single-family units ($73.4 million), and rehabilitated 166 existing single-family homes ($5.2 million). Its subsidiary Home Base Property Management oversees 236 residential units and 45 commercial units. GROWTH focuses on affordable housing, mixed-use and mixed-income projects, single-family and multifamily developments, as well as commercial and industrial investment via New Market Tax Credit (NMTC) financing. Its Central States subsidiary has completed 29 NMTC transactions deploying $217.4 million across 14 states, supporting 10,729 jobs.

Principals at Economic Growth Corporation

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3 principals on file

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Recent activity at Economic Growth Corporation

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Economic Growth Corporation's project portfolio

2 projects on file · Affordable Housing (1), Multifamily (1)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets Economic Growth Corporation operates in

  • Davenport-Moline-Rock Island, Iowa-Illinois

Investment themes at Economic Growth Corporation

  • Affordable Housing
  • Historic Tax Credits
  • LIHTC
  • Multifamily - Ground-up
  • Multifamily - Value-Add
  • Senior Housing
  • Single-Family Homes
  • Workforce Housing

Capabilities

  • Asset Management
  • Economic Development
  • Environmental Remediation
  • Public-private partnerships
  • Site Development
  • Transit-oriented development
  • Urban infill

Operators similar to Economic Growth Corporation

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  • Sherman Associates
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  • Peak Capital Partners
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  • T&H Investment Properties
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  • Hill Tide Partners
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  • Impact Seven
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  • The Danco Group
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  • Denton Floyd Real Estate Group
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  • Guardian Real Estate Services LLC
    Established tierSenior HousingAffordable Housing+4 more themes
  • MRP Realty
    Established tierHistoric Tax CreditsAffordable Housing+4 more themes

Frequently asked questions about Economic Growth Corporation

What does Economic Growth Corporation do?
Economic Growth Corporation (GROWTH) is a nonprofit community-based developer founded in 1982, now operating for over 40 years.
What markets does Economic Growth Corporation operate in?
Economic Growth Corporation is active in Davenport-Moline-Rock Island, Iowa-Illinois.
How many employees does Economic Growth Corporation have?
Economic Growth Corporation has 11–50 employees.
Economic Growth Corporation cover image

Economic Growth Corporation at a glance

Tier
Established
Operator type
Developer, Owner, Homebuilder
Headcount
11–50
Units owned
<1,000
Units managed
<1,000
Property mgmt
Self-Managed
Markets
1
Principals
3

Contact Economic Growth Corporation

100 19th Street, STE 109 Rock Island, IL 61201
www.economicgrowthcorporation.com