Thriving Together

In 2014, the Network released Stronger Together, an economic impact analysis showing nonprofit community development corporations (CDCs) added more than $12 billion to New Jersey’s economy and created 82,000 jobs over 25 years. We thought it would be helpful to update that report, as a capstone to our 30th Anniversary! We are thrilled to present Thriving Together, which tells the story of a $2 BILLION additional economic impact in just the last five years.  

From 2014-2019, CDCs made substantial economic impact in New Jersey. But this period also was a missed opportunity for the state: despite the perseverance of New Jersey’s CDCs, their impact was limited by a depleted Affordable Housing Trust Fund and underinvestment in affordable homes. Read More

Stronger Together

Nonprofit community development corporations have generated $12 billion dollars for New Jersey’s economy according to Stronger Together: The $12 Billion Impact of Community Corporations in New Jersey which highlights the investments made in the sector since 1989. With the generous support of the Citi Foundation, the Network has been able to delve deeper into the data and produce county level reports of the economic impact for every area of the state.

Stronger Together County Releases