Bill Pascrell (D-NJ09)

Tax Staffer: Dylan Sodaro, [email protected] (Updated: 01/09/2023)

District Highlights

Jobs and Investment (through mid-2021)

15

projects

$114,231,456

NMTC Allocation

$255,763,835

in total project financing

895

FTE jobs

1,139

construction jobs

2

federally qualified health centers

NMTC Project Profiles (Inside the District)

2020

Kearny, NJ | 9th District

KPIP Building 78 Annex

Capital One New Jersey Community Loan Fund

Rehabilitation of the former “craneway” building adjacent to the Sponsor’s existing Building 78, which will result in 90,000 sq….

2021

Paterson, NJ | 9th District

Hinchliffe Stadium Rehab

Consortium America New Jersey Community Loan Fund RBC Community Development USBCDE

NMTC financing will power reimagination of historic former Negro League baseball stadium in Paterson, N.J….

2020

Paterson, NJ | 9th District

Paterson Habitat for Humanity

New Jersey Community Loan Fund

In 2020, the NMTC provided patient financing for the nonprofit to facilitate the construction of 14 scattered site, for-sale…

2016

Paterson, NJ | 9th District

Boys & Girls Club of Paterson and Passaic

New Jersey Community Loan Fund

Renovation and expansion of two Boys and Girls club facilities….

2016

Paterson, NJ | 9th District

Accurate Box

CRFUSA New Jersey Community Loan Fund

This project provided financing for Accurate Box, a manufacturer of boxes and a family, women-owned business with a commitment…

NMTC Project Profiles (Nearby the District)

2013

Newark, NJ | 10th District

Newark Call Center

CCG Community Partners New Jersey Community Loan Fund USBCDE

NMTC financing supported the rehab and new construction of two modern, mixed-use buildings in order to retain and attract…

2013

Newark, NJ | 8th District

Newark Farmer’s Market

CCG Community Partners New Jersey Community Loan Fund Urban America

One phase of a 180,000 sq.ft. food processing and distribution project with this phase consisting of 90,000 sq. ft….

2011

Hackensack, NJ | 5th District

Cap Solar Opportunities Fund

Solomon Hess SBA Loan Fund

Invests in solar for community action agencies and nonprofits, saving them on utilities….

State Fact Sheet

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