New Brunswick, NJ (October 25, 2017) – Jeff Crum, Director of Real Estate for Community Asset Preservation (CAPC), New Jersey Community Capital’s (NJCC) real estate arm, received a Rising Star Award from Rutgers Edward J. Bloustein School of Planning and Public Policy and joined the Bloustein School Alumni Association Hall of Fame.
“NJCC is fortunate to have Jeff on our team,” said Wayne T. Meyer. “That he is being recognized by one of our region and nation’s premier urban planning institutions for his tremendous achievements comes as no surprise to those who see his dedication to supporting community development day in and day out.”
As Director of Real Estate, Crum oversees all of CAPC’s operations, which includes real estate development, asset management, construction management, property management, real estate brokerage services. A subsidiary of NJCC, CAPC’s primary mission involves the acquisition and rehabilitation of abandoned and foreclosed properties to stabilize communities and create quality affordable housing options. Since Crum joined CAPC in 2011, the organization has completed and sold or leased nearly 600 housing. This real estate activity totals more than $150 million of investment in primarily low- and moderate-income communities throughout New Jersey and Florida.
“I am grateful for the opportunity to improve communities in New Jersey every day,” said Crum. “It is honor to be recognized for the work I am so passionate about by the prestigious Bloustein School.”
Crum joins Leah Apgar, NJCC Lending Team Leader Housing & Healthy Communities, who was inducted into the Bloustein School Alumni Hall of Fame and honored with the Rising Star Award in 2016. Earlier this year, Crum was named to NJBIZ’s 2017 Forty Under 40 list for his achievements in the real estate development field.
About New Jersey Community Capital
New Jersey Community Capital is a nonprofit community development financial institution (CDFI) that provides innovative financing and technical assistance to support the preservation and development of affordable housing and sustainable community development ventures that increase jobs, improve education, and strengthen neighborhoods. Founded in 1987, NJCC has invested over $630 million in New Jersey communities, resulting in over 8,800 housing units, 7,300 early care slots, 16,500 education seats, and 9,600 jobs. For more information, visit: www.newjerseycommunitycapital.org.