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Community Asset Preservation Corporation

Community Asset Preservation Corporation

Community Asset Preservation Corporation (CAPC) is the first nonprofit organization of its kind. With its vertically integrated real estate platform, CAPC is equipped with the financial strength, regional reach and real estate expertise to stabilize neighborhoods through the acquisition and redevelopment of vacant and abandoned properties, returning them to productive use as quality, healthy and affordable homes.

Program Highlights

CAPC leverages partnerships with local nonprofits and minority contractors to build capacity and complete community-oriented real estate projects in underserved communities. As a wholly owned real estate development subsidiary of New Jersey Community Capital, CAPC has acquired over 2,130 housing units for redevelopment since 2009. CAPC has developed sub-business lines to vertically integrate its business model in an effort to diversify and guard against shifts in the real estate market.

Success Stories

Monica and Manuel

Through CAPC’s Down Payment Assistance Program, Monica and Manuel were awarded a $48,500 grant to assist in the purchase of a home and reduce their monthly mortgage.

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