Our Vision
East Greensboro will be a vibrant residential and commercial community that enhances economic opportunities,
and improved quality of life.
The History of east greensboro nOW
In 1998, the City of Greensboro designated East Greensboro NOW (then known as East Market Street Development Corporation) as the lead agent working towards the revitalization of the East Market Street Corridor community. Within a few years, our efforts were expanded beyond the East Market Street corridor to focus on economic development throughout all of East Greensboro. Over the years, the staff and board have collaborated with a number of organizations, particularly the City of Greensboro, through a number of initiatives to address the appearance and the overall revitalization experience by executing positive development programs that benefit both the economy and the community.
The commitment to minority entrepreneurial development, community development, and the economic development of East Greensboro is, indeed, “Building the Bridge to Prosperity.” Since East Greensboro NOW’s inception, the community has seen significant economic development totaling over $750 million in a variety of ventures, such as: shopping centers, apartments, new businesses, streetscapes, and community centers.
What is a Community Development Corporation?
Community development corporations (CDCs) are 501(c)(3) non-profit organizations that are created to support and revitalize communities, especially those that are impoverished or struggling-- often dealing with the development of affordable housing.
These corporations can also be involved in a wide range of community services that meet local needs such as education, economic development, job training, healthcare, commercial development, and other social programs such as community organizing.
While CDCs may work closely with a representative from the local government, they are not a government entity, are tax-exempt, and may receive funding from private and public sources.