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Success Stories

Read success stories across the various sectors we serve including economic development, affordable housing, small business and education.

Ascension Capital Partners

A graduate of the CAPC training program and Black-owned real estate developer is utilizing NJCC financing to develop high-quality affordable rental homes.

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Englewood Krav Maga

After securing a $25,000 working capital loan through New Jersey Community Capital's Garden State Relief Fund, Traci was able to attain financial security for her small business and assume operations once restrictions were lifted.

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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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Cumberland County College Arts and Innovation Center

Through THRIVE South Jersey, New Jersey Community Capital provided Millville Urban Redevelopment Corporation, the lead developer, $6.9 million in New Market Tax Credits to finance the new Cumberland County College Arts and Innovation Center.

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Polaris American

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.

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1911 Smoke House Barbeque

Thanks to a $20,000 loan awarded through the Trenton Small Business Emergency Loan Program during COVID-19, Maurice was able to quickly pivot his business and begin serving affordable family-style meals to customers.

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Stephanie Yanes

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.

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Family Village

Equipped with nearly $16 million in capital from a cohort of dedicated community institutions and partners, Family Village will rehabilitate more than fifty abandoned scattered-site properties into more than one-hundred safe and healthy affordable homes.

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