Stronger Together: NCC Hosts Release Of Report On Economic Impact Of State鈥檚 CDCs

Staci Berger, CEO of the Housing and Community Development Network of New Jersey.
Staci Berger, CEO of the Housing and Community Development Network of New Jersey.

Agencies like 91看片 pack a serious punch when it comes to contributing to New Jersey鈥檚 economic activity, a recent report shows.

The report, titled 鈥淪tronger Together,鈥 illustrates how community development corporations across the state have contributed approximately $12 billion to the state鈥檚 economic activity over the last 25 years.

Staci Berger, CEO of the Housing and Community Development Network of New Jersey, which produced the report, and elected and community leaders gathered at 91看片鈥檚 headquarters at St. Joseph Plaza to officially release the report and laud the progress of CDCs, specifically in Essex and Union counties. NCC is a member organization of the HCDNNJ.

Richard Rohrman, CEO of 91看片, highlighted the major housing rehabilitation project of the Manor housing units for seniors and families during his remarks as a prime example of NCC鈥檚 investment in the community.

鈥91看片 is continuing to strengthen the economy of our region with our latest housing rehabilitation project in Newark, which is investing $15.5 million into significantly improving the quality of life for more than 500 residents living in our 91看片 Manor property,鈥 Rohrman said. 鈥淏y committing to help the most vulnerable residents, including low-income seniors and the disabled, we aim to ensure that Newark鈥檚 economic progress is sustainable and includes all members of the community.鈥

Mayor Ras Baraka offered words of praise but also reminded the group 鈥渢hat we have a lot of work to do.鈥

Baraka was joined by other elected officials including state Assemblywoman Sheila Oliver (D-Essex) and Elizabeth Mayor Christian Bollwage, who also gave remarks.

鈥淥ur spheres of influence may be in different areas, but we share a lot of common ground,鈥 Rohrman said. 鈥淛ust like all of you, we are in it for the long haul,鈥 he added.

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