New Markets Tax Credit Coalition

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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

The Hahne's redevelopment includes careful restoration of the existing historic structure and the construction of a new twelve-story mixed-use building on an adjacent site.
NMTC financing for a YMCA impacts the community it serves by nurturing the potential of every child, teaching the importance of spirit, mind, and body to achieve a healthier lifestyle
The Makerhood Campus is a combination of historic renovation and new construction meant to encourage and support entrepreneurial endeavors and micromanufacturing enterprises.
Rehabilitation of the abandoned Labor Bank Building.