Cap Solar Opportunities Fund

Hackensack,
NJ
(2011)

Cap Solar Opportunities Fund

Energy, Loan Fund, Solar

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

CDEs

Solomon Hess SBA Loan Fund

Investor

US Bank

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

Halsey Street Teachers Village Workforce Housing A

Newark,
NJ
(2012)

Community, Daycare and Early Childhood, Grocery and Fresh Food, Housing, Mixed-use, Retail, Retail and Commercial, Workforce Housing, Youth and Families, Youth Program

CDE(s): Bank of America, Building America CDE, Carver National Bank, GS New Markets Fund, National Community Investment Fund

The $64 million Halsey Street Workforce Housing project was the second phase of a larger Teachers Village development designed to revitalize downtown Newark, one of the country's most economically depressed

Cap Solar Opportunities Fund

Hackensack,
NJ
(2011)

Energy, Loan Fund, Solar

CDE(s): Solomon Hess SBA Loan Fund

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

Newark Arts Commons

Newark,
NJ
(2019)

Affordable Housing, Community, Daycare and Early Childhood, Historic Rehabilitation, Housing, Makerspace, Manufacturing, Mixed-use, Youth and Families

CDE(s): National Trust Community Investment Corporation

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

CompleteCare Bridgeton Downtown Redevelopment

Bridgeton,
NJ
(2020)

Community, FQHCs, Healthcare, Rural

CDE(s): New Jersey Community Loan Fund

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