New Brunswick, NJ (January 11, 2016) – New Jersey Community Capital (NJCC), through its THRIVE South Jersey initiative, will be granting up to $100,000 in 2016 to support targeted community revitalization projects that will help enhance the impact of community-based organizations in achieving their community development missions.
The Goal of THRIVE South Jersey is to expand local and regional capacity that will stimulate economic growth in the targeted region of Southern New Jersey that includes Cumberland, Gloucester, Salem and Western Atlantic counties. Through a combination of strategic funding and capacity building, THRIVE South Jersey seeks to support organizations fostering community revitalization activities that will generate jobs and sustain low-income families in the four county region.
“There are so many outstanding organizations in this region doing great work and just need seed funding to initiate and/or augment project activities that will stimulate growth and other economic impacts within their communities”, said Laura Wallick, THRIVE South Jersey program manager. “These grants will help fill those funding gaps.”
NJCC anticipates awarding between five (5) and seven (7) grants. Grant applications will be accepted beginning January 15, 2016 and continue on a rolling basis throughout the year until the full amount has been awarded.
Eligible applicants include New Jersey-based nonprofit housing, community development, or community development support organizations that have been in existence for at least one year and operate in a municipality within the THRIVE South Jersey target region. To submit an application, please complete the application form available here and return to Laura Wallick at firstname.lastname@example.org.
About New Jersey Community Capital (NJCC)
NJCC is a nonprofit community development financial institution (CDFI) that transforms at-risk communities through strategic investments of capital and knowledge. NJCC invests in affordable housing, community facilities, and economic development ventures that strengthen neighborhoods, improve education, and increase jobs, ultimately providing greater opportunities for low-income populations. Since inception, NJCC has facilitated the investment of over $500 million into 800 high-impact projects across the state, supporting the creation and preservation of 12,900 education seats, 8,200 housing units, 6,100 early care slots, and 6,100 jobs. For more information, please visit www.newjerseycommunitycapital.org.