WHAT: Celebration of Ribbon Cutting at 615 North Clinton Avenue, Trenton, Wells Fargo Announcement and Children’s Activity
WHEN: December 13 at 2 PM
WHERE: 615 North Clinton Avenue, Trenton, NJ
WHO: Wells Fargo Senior Vice President of Corporate Responsibility & Community Relations Wanda Saez, Trenton Mayor Eric Jackson, Trenton North Ward Councilwoman Marge Caldwell Wilson, and NJCC President Wayne T. Meyer
New Jersey Community Capital (NJCC) and East Trenton Collaborative (ETC) members, partners, and supporters will celebrate the opening of 615 North Clinton Avenue, a long-vacant building in the heart of East Trenton. The building, acquired by NJCC’s real estate arm, Community Asset Preservation Corporation (CAPC), has been redeveloped into a mixed-use space with three apartments (two one-bedroom and one three-bedroom) and a commercial space for a neighborhood-based entrepreneur. Wells Fargo has been a long term supporter of the revitalization of the neighborhood and will announce a large commitment to further the work in the community.
Event speakers will include Wanda Saez, Wells Fargo Senior Vice President of Corporate Responsibility & Community Relations, Trenton Mayor Eric Jackson, Trenton North Ward Councilwoman Marge Caldwell Wilson, and NJCC President Wayne T. Meyer.
The speaking program will be followed by a building tour, reception and group holiday activity with children from Urban Promise Trenton’s Camp Grace afterschool program. Underwritten by Wells Fargo, these programs will be held at the East Trenton Center adjacent to the newly renovated building.
Wells Fargo also provided major funding for the renovation project through its Housing Foundation’s Priority Markets Program. Additional funding was provided by NJM Insurance Group, the New Jersey Department of Community Affairs’ Neighborhood Revitalization Tax Credit program and Community Housing Capital. Trenton-based contractor E&P Resource Group completed the renovations.
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. NJCC coordinates the ETC, a collaborative of residents and community institutions partnering to revitalize the East Trenton neighborhood. For more information, visit: www.newjerseycommunitycapital.org.
About the Wells Fargo Housing Foundation Priority Markets Program
The Wells Fargo Housing Foundation Priority Markets Program supports projects, programs and initiatives that help remove barriers to sustainable housing in low- and moderate-income communities. Since 2009, the program has provided grants totaling more than $48 million to nonprofits in more than 125 communities, impacting more than 40,000 people and creating more than 4,000 places for people to call home.