Community Investment Strategies, Inc. (CIS), a women-owned leader in affordable housing, has announced a strategic partnership with the Geraldine R. Dodge Foundation to preserve and rehabilitate affordable housing in Elizabeth.
The first phase of this collaboration will support the renovation of Portside II, a 169-unit affordable housing community for low-income families. Originally completed in 2006 as part of the HOPE VI redevelopment, Portside II has been recognized for its contributions to the city’s revitalization.
CIS, founded by President and CEO Christiana Foglio, is dedicated to ensuring long-term housing stability through innovative funding strategies, policy advocacy, and community engagement. The Dodge Foundation’s predevelopment financial support will help maintain affordability, enhance accessibility, and improve living conditions for residents.
“This partnership enables us to expand our reach and secure critical funding early in the process,” said Foglio. “Our investment in Portside II will preserve safe, sustainable, and affordable housing for generations to come.”
Camilo Mendez, CFO of the Dodge Foundation, emphasized the broader mission: “Affordable housing is essential to building a just and equitable New Jersey. This initiative is one of many ways we are addressing the state’s housing needs.”
This collaboration advances both organizations’ missions by expanding equitable housing opportunities and fostering long-term economic stability for low- and moderate-income communities.
About CIS
CIS is an award-winning woman-owned development firm specializing in affordable communities throughout New Jersey. The company’s portfolio includes more than 4,000 units throughout the state.
