DEVCO works in New Jersey to help cities that are trying to make changes to the way that they are perceived. The city wants to have a new development ready for people to visit, and they know that the only way to get this done is to get a loan from Devco. The Press of Atlantic City knows a lot about this, and they have run stories showing that the company has been able to help a lot of cities in the state. The loans get paid back with the money from tax revenues, and then the city has this major engine of industry up and running.
According to Atty. Chris Paladino, Devco has a development team that works with every city to figure out what their project should look like. They will talk these things over with the people who work for the city, and they will talk these things over with the people who have the most influence. They work this out until it is time for them to get the building started, and they will help to hire the people that will do this work. In the end, everyone in the community will have much better place to work, or they will have a much better place to live.
Everyone in the city will benefit when they have a company like Devco come in and help them with loans. The loans that they get will pay for all the construction, and then there will be a lot of companies that want to come in at the same time. The plan is to be sure that people can get jobs where there were none in the past. They need to have confidence that they can enjoy their new home, and they should not have to move out of the area because now jobs are present.