P000034-3

Frank Pallone (D-NJ06)

Tax Staffer: James Johnson, james.johnson@mail.house.gov.

District Highlights (Through 2023)

  • 8 projects
  • 128,991,311 in NMTC allocation
  • 374,264,692 total project financing
  • 727 FTE jobs created or retained
  • 1,362 construction jobs created

8

projects

$128,991,311

NMTC Allocation

$374,264,692

in total project financing

727

FTE jobs

1,362

construction jobs

NMTC Project Profiles (Inside the District)

975 High Street (2015)

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

Robert Wood Johnson Fitness and Wellness Center (2011)

New Brunswick, NJ
Transformation of an underutilized downtown New Brunswick site into a major transit-oriented, mixed-use facility focused on community health.

550 Cookman Avenue (2010)

Asbury Park, NJ

Built in 1937, 550 Cookman Avenue is a shining example of Asbury Park’s art deco history. NMTC financing supported restoreation of this unique building, with careful consideration taken with its

Little People At Work Preschool (2007)

Neptune, NJ
Financing for a much-needed childcare center in Neptune, NJ.

Projects Nearby the District

Plainsfield, NJ (2018)

Second Street Youth Center

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Projects Nearby the District

Plainsfield, NJ (2018)

Second Street Youth Center

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