Striving to generate wealth and maintain diversity within neighborhoods, East Side Neighborhood Development Company was founded in 1979 in response to disinvestment in the Payne/Phalen Lake community. In 2015, the CDC rehabbed 40 homes, developed 10 new homes, and completed several capital improvement projects— developments which together brought over $7 million in new housing and economic development to the area. Committed to racial equity, the CDC also strives to ensure the majority of homes, jobs, and businesses it supports are available to and operated by people of color.
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