HCSC Camden

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

Investment

  • NMTC Amount: $8,000,000
  • Total Project Cost: $15,728,291

IMPACT

  • 125 FTE jobs
  • 40 construction jobs

Investor

Project Description

NMTC allocation for the renovation and equipment purchase to transform a vacant commercial building into an industrial laundry processing facility. The laundry facility provides services to hospitals and clinics in the region.

MAP

Address: 2224 South Broadway, Camden, NJ 8104

Census Tract: 34007601800

Other New Jersey Projects

Transformation of an underutilized downtown New Brunswick site into a major transit-oriented, mixed-use facility focused on community health.
Invests in solar for community action agencies and nonprofits, saving them on utilities.
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.

The project is the largest mixed use development the city has seen in more than 40 years. The NMTC portion of the project supported ABC Supply Co. Inc.’s recently opened