Funds will go towards programming that will benefit New Brunswick residents.
New Brunswick, NJ (January 17, 2023) – New Jersey Community Capital (NJCC), the state of New Jersey’s largest community development financial institution (CDFI), today announced they donated $10,000 to nonprofit organizations in the city of New Brunswick. The funding will be distributed to community kitchen Elijah’s Promise and Town Clock Community Development Corporation, an organization providing affordable and safe housing for survivors of domestic abuse. The donation is part of NJCC’s commitment to this year’s Dr. Martin Luther King, Jr. holiday celebration theme – “It starts with me: cultivating a beloved community mindset to transform unjust systems.”
“The generous donations being made by New Jersey Community Capital in the name and spirit of Dr. King are greatly appreciated,” said Jim Cahill, Mayor of the City of New Brunswick. “These funds will help two outstanding organizations, Elijah’s Promise and Town Clock CDC, continue their missions of helping those most in need.”
Mayor Cahill selected Elijah’s Promise and Town Clock Community Development Corporation due to their commitment to bettering the city socially and economically. Elijah’s Promise will receive $5,000 to fund programs for nutritious food and community cooking classes to continue serving over 375,000 meals each year. Town Clock Community Development Corporation will allocate funds to help survivors of domestic abuse access supportive and affordable housing and receive case management resources.
“When Dr. King accepted his Nobel Peace Prize in 1964, he said, ‘I have the audacity to believe that peoples everywhere can have three meals a day for their bodies, education and culture for their minds, and dignity, equality, and freedom for their spirits,’” said Michelle Wilson, Executive Director of Elijah’s Promise in New Brunswick. “That New Jersey Community Capital is generously donating $5,000 for Martin Luther King, Jr. Day helps to fulfill this vision that everyone in Central New Jersey can be fed and nurtured.”
“This gift of $5,000 from New Jersey Community Capital will be a ‘resource’ to get rid of poverty,” said Rev. Susan Kramer-Mills, Executive Director, Town Clock Community Development Corporation. This donation will support Town Clock Community Development Corporation’s newest efforts of re-developing another building, which will provide five more long-term, affordable apartments to low-income survivors of domestic violence and their children. Thank you, NJCC!”
“We’re thrilled to be able to support such well-deserving community organizations and further our impact in New Jersey,” said Bernel Hall, President and CEO of New Jersey Community Capital. “Improving New Brunswick communities and supporting the city’s continued development is crucial to creating more equitable and thriving opportunities for residents.”
NJCC’s charitable giving corresponds to its work across the state to finance the predevelopment, acquisition, construction, rehabilitation, and mini-permanent needs of affordable housing units for ownership and rental opportunities. NJCC’s lending takes a holistic and equitable approach by financing projects that use the diverse pillars of a community, including small businesses, commercial office and retail spaces and early childhood education centers.
In honor of the life, legacy and impact of Dr. Martin Luther King Jr. and Mrs. Coretta Scott King, NJCC invites you to join us in supporting New Jersey communities. Please consider donating (bit.ly/donatetoNJCC) to further NJCC’s mission of promoting equitable opportunities for all.
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About New Jersey Community Capital
New Jersey Community Capital (NJCC) is a nonprofit community development financial institution (CDFI) that provides an innovative toolkit of financial products, programs and services to advance equity and opportunity in underserved communities. NJCC supports the preservation and development of affordable housing and sustainable community development ventures that increase jobs, improve education and strengthen neighborhoods to ensure that communities can thrive. To learn more, visit www.newjerseycommunitycapital.org and Twitter: @NJCommCapital.
NJCC is part of the NeighborWorks network, an affiliation of more than 240 nonprofit organizations located in every state, the District of Columbia and Puerto Rico. The NeighborWorks network was founded and is supported by NeighborWorks America, which creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities.