A $592,000 senior loan and $333,000 subordinate loan to develop a six-unit supportive housing home for residents with special needs.
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.
After years of living in East Orange, Natima Lavine set her sights on buying a home in the heart of her community. The mother of five turned to NeighborhoodLIFT, a program in partnership with Wells Fargo and NeighborWorks America designed to boost homeownership for Essex County residents.
A graduate of the CAPC training program and Black-owned real estate developer is utilizing NJCC financing to develop high-quality affordable rental homes.
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.
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.
In 2019, New Jersey Community Capital partnered with Wells Fargo and NeighborWorks® America to bring the national NeighborhoodLIFT® Program to New Jersey to provide down payment assistance grants to families and individuals purchasing a home in Essex County.
With assistance from New Brunswick Tomorrow, a local community-based organization and longtime New Jersey Community Capital partner, Cerlina and Jose were connected to NJCC’s Address Yourself™ Individual Taxpayer Identification Number (ITIN) Program.