New Markets Tax Credit Coalition

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  • Camden,
  • NJ
  • (2020)

HCSC Camden

District: Donald Norcross (D-NJ01)

NMTC allocation for the renovation and equipment purchase to transform a vacant commercial building into an industrial laundry processing facility.

Investment

  • NMTC Amount: $8,000,000
  • Total Project Cost: $15,728,291

IMPACT

  • 125 FTE jobs
  • 40 construction jobs

CDEs

Investor

Project Description

NMTC allocation for the renovation and equipment purchase to transform a vacant commercial building into an industrial laundry processing facility. The laundry facility provides services to hospitals and clinics in the region.

MAP

Address: 2224 South Broadway, Camden, NJ 8104

Census Tract: 34007601800

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