New Jersey Community Capital Closes $28 MM U.S. Treasury Bond to Finance Community Development Projects in New Jersey
New Brunswick, NJ (September 30) – New Jersey Community Capital (NJCC) announced today that is has closed a $28 million bond as part of the United States Treasury Department's CDFI Bond Guarantee Program.
New Jersey Community Capital Awarded $1.65 MM by CDFI Fund
New Brunswick, NJ (September 15, 2015) – The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund announced Community Loan Fund of New Jersey, Inc.--the core loan fund of New Jersey Community Capital (NJCC)--as a recipient of a $1.65 million Financial Assistance (FA) Award.
Fannie Mae picks non-profit for first small sale of non-performing loans
Fannie Mae announced the winner of its first sale of non-performing loans as part of its “Community Impact Pool” program, which consists of smaller pools of non-performing loans and is designed to attract diverse participation by non-profits, small investors and minority- and women-owned businesses.