HCSC Camden

New Markets Tax Credit Coalition

Camden,
NJ
(2020)

HCSC Camden

Business Development, Manufacturing

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

CDEs

New Jersey Community Loan Fund

Investor

Fulton Bank

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

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CDE(s): CCG Community Partners, Wells Fargo, WNC National Community Development Advisors

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HCSC Camden

Camden,
NJ
(2020)

Business Development, Manufacturing

CDE(s): New Jersey Community Loan Fund

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

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CDE(s): National Community Investment Fund

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Hahne & Co. Department Store Building

Newark,
NJ
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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.