Cap Solar Opportunities Fund

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

Investment

  • NMTC Amount: $10,000,000
  • Total Project Cost: $10,000,000

IMPACT

  • 3 FTE jobs

Investor

Project Description

Invests in solar for community action agencies and nonprofits, saving them on utilities. Includes solar panels for the Greater Bergen County Community Action, with a mission to reduce poverty in communities served by Greater Bergen Community Action by addressing the causes and conditions of persistent economic insecurity.

MAP

Address: 392 Main Street, Hackensack, NJ 7601

Census Tract: 34003023100

Other New Jersey Projects

NMTC financing supported the renovation of a portion of a historic former mill building (Condominium Units A and A1), located at 1 North Johnston Avenue, Hamilton Township, Mercer County, NJ
NMTC financing will power reimagination of historic former Negro League baseball stadium in Paterson, N.J.
Financing for a much-needed childcare center in Neptune, NJ.
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 as some services currently contained in