At the core of Community Investment Strategies (CIS), Inc.’s profitable business model is an enduring, steadfast commitment to its partners. By seeing value where others do not, the company consistently repositions unproductive parcels throughout New Jersey and the northeast into thriving, dynamic hubs. CIS is often credited with jumpstarting local revitalization initiatives by creating community focal points that consistently exceed 90% occupancies, surpassing many average local and regional market rates.
CIS, a for-profit woman-owned business enterprise, focuses on the development of quality multi-family housing, including 55+, senior housing and mixed-use redevelopments, as well as market-rate and affordable housing. Young adults, those with special needs, families and seniors are part of CIS’ tenant population. Investment partners include local, regional and national banks; municipal agencies and community organizations; institutional investors; and private individuals.
By continually challenging itself to create innovative affordable housing solutions, CIS is committed to building value-add communities, delivered on-time and within budget. The company utilizes in-house finance, development, construction and management services and has tremendous success leveraging funding from local, state and federal sources. These include the Low-Income Tax Credit Program, tax-exempt bond financing, state grant programs, Federal Home Loan Bank assistance, as well as HUD financing programs. CIS is also profoundly experienced in relocation, resident and project-based rental assistance programs and is an expert regarding the Council on Affordable Housing (COAH) in New Jersey.
Widely recognized for its outstanding communities, business model, corporate citizenship and advocacy, as well as a people-first philosophy, the company is positioned for significant growth opportunities. CIS has doubled its volume in the past several years and expects to do the same in the next five years.
Since its inception in 1994, CIS has developed a broad spectrum of multi-family properties, ranging from garden apartments to mid- and hi-rise complexes, valued in excess of $350 million. Combined, the company’s top executives have developed more than 10,000 units while serving in a wide range of notable leadership positions within the private and public sectors.