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menendez

Bob Menendez (D-NJ)

DC Phone: 202-224-4744

Tax Staffer: Jason Tuber, [email protected] (Updated: 02/22/2021)

The NMTC programs help create sustainable social and economic impact for communities representative of the community I was born and raised in the Bronx. Also, it is a unique opportunity for MBE firms like mine to “do good and well” based on our knowledge of the industry and our knowledge of the markets we serve.

-Jeffrey Monge, Managing Partner, Monge Capital, Newark, New Jersey

NMTC Project Profiles (Inside the District)

Paterson, NJ (2021)

NMTC financing will power reimagination of historic former Negro League baseball stadium in Paterson, N.J. The financing also includes $21 million of NMTC allocation…

Camden, NJ (2020)

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

Bridgeton, NJ (2020)

CompleteCare Health Network’s new 29,301 sq. ft. location, housed in downtown Bridgeton, NJ, will combine two current Bridgeton-based CompleteCare locations into one, as well…

Paterson, NJ (2020)

Paterson Habitat for Humanity is a nonprofit organization that helps families build a place to call home. In 2020, the NMTC provided patient financing…

Newark, NJ (2020)

The new home of nonprofit art organizations and affordable studio space for local makers and artists. …

Newark, NJ (2020)

The Makerhood Campus is a combination of historic renovation and new construction meant to encourage and support entrepreneurial endeavors and micromanufacturing enterprises. The Campus…

Hamilton Township, NJ (2019)

NMTC financing supported the renovation of a portion of a historic former mill building (Condominium Units A and A1), located at 1 North Johnston…

Newark, NJ (2018)

Halsey Street Teachers Village Workforce Housing Project B, the last phase of larger development known as Teachers Village in downtown Newark, New Jersey. This…

Plainsfield, NJ (2018)

Early childhood educational and community center expands educational opportunities for Plainfield children….

Millville, NJ (2016)

A new facility to house the expansion of Cumberland County College’s arts and business education programs…

Paterson, NJ (2016)

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

Paterson, NJ (2016)

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

Perth Amboy, NJ (2015)

Adler Development, LLC renovated a 109,720 sqft warehouse that was severely damaged by Hurricane Sandy on October 29, 2012….

Newark, NJ (2015)

AeroFarms, a mission-driven company, developed a 69,000 square-foot industrial site into the world’s largest indoor vertical farm for baby leafy greens, producing up to…

Newark, NJ (2015)

The historic Hahne & Company Department Store building (‘Hahne’s’) on Broad Street in downtown Newark, New Jersey, once stood as an emblem of the…

Newark, NJ (2015)

The former Hahne and Co flagship department store building was restored and redeveloped into a vibrant mixed-use, mixed-income development in the heart of downtown…

Lawrence, NJ (2015)

NMTC financing supported the creation of the Spruce Street Community Center, a 35,000 sq. ft. multi-purpose facility open to any youth in greater Mercer…

Newark, NJ (2014)

College Builds Bridge with Campus/Community Center…

Newark, NJ (2013)

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

Newark, NJ (2013)

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

Camden, NJ (2012)

Development of cancer treatment facility and leasing to affiliate….

Vineland, NJ (2012)

Bottino’s ShopRite in Vineland, the family-run grocery chain that included a community health clinic….

Newark, NJ (2012)

The $64 million Halsey Street Workforce Housing project was the second phase of a larger Teachers Village development designed to revitalize downtown Newark, one…

State Fact Sheet