Paterson Habitat for Humanity

In 2020, the NMTC provided patient financing for the nonprofit to facilitate the construction of 14 scattered site, for-sale affordable housing units.

Investment

  • NMTC Amount: $5,250,000
  • Total Project Cost: $5,250,000

IMPACT

  • 21 FTE jobs
  • 25 construction jobs
  • Approximately 14 families served

Investor

Team building effort as a group of people raise a wall on a new

Voices from the Community

[The NMTC] helps us to better serve families needing a decent home in the most distressed areas in our neighborhood.

-Oscar Bashualdo, Controller, Paterson Habitat for Humanity, Paterson, New Jersey

Project Description

Paterson Habitat for Humanity is a nonprofit organization that helps families build a place to call home. In 2020, the NMTC provided patient financing for the nonprofit to facilitate the construction of 14 scattered site, for-sale affordable housing units.

MAP

Address: 146 North First Street, Paterson, NJ 7522

Census Tract: 34031180700

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