Our work at New Jersey Community Capital has always been rooted in racial, economic and social justice, but the COVID-19 pandemic compelled us to ask what more we can do to promote opportunity and equality. Our complex approach helped support the families, businesses and nonprofits who were hit the hardest.
Since 1987, we’ve invested nearly $733 million in loans and investments to leverage over $2 billion and connect more than 115,750 people in underserved communities and neighborhoods to capital and resources needed to grow and thrive.
Explore more highlights from our 2020 report.
Whether supporting the “homegrown” entrepreneur or the next generation of homeowners, we’re connecting Black homebuyers and real estate developers to the resources they need to thrive.
A thriving small business leverages creativity to preserve long-term resilience in the face of unexpected changes.
A comprehensive response to address food insecurity and community health during the COVID-19 pandemic.
A $5.2 million New Markets Tax Credit allocation for the construction of 12-14 single-family homes, part of a larger neighborhood plan to preserve affordable homeownership opportunities.
A $592,000 senior loan and $333,000 subordinate loan to develop a six-unit supportive housing home for residents with special needs.
After receiving a $500,000 acquisition and construction revolving line of credit from New Jersey Community Capital, William (Bill) was able to initially purchase two vacant, scattered-site properties in his hometown to rehabilitate and renovate into quality affordable housing units.
To learn more about investment opportunities at NJCC, please contact Peter Grof, Interim Chief External Affairs Officer, by email below.Email
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