New Jersey

State Fact Sheet

Map of Selected Projects in New Jersey

Community Testimonials

[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

Selected Projects in New Jersey

2022

East Orange, NJ | 10th District

The Crossing at Brick Church

Dudley Ventures Enterprise Community Partners Local Initiatives Support Corporation Mid-City Community CDE New Jersey Community Loan Fund PNC The Reinvestment Fund Urban Action Community Development

The Crossings at Brick Church Station is an urban, mixed-use redevelopment anchored by a 68,000 sq. ft. ShopRite Supermarket,…

2022

Paterson, NJ | 9th District

Philips Academy

New Jersey Community Loan Fund PNC

Development of a 63,000 sq. ft. school facility…

2008

Neptune, NJ | 4th District

Jane H. Booker Family Health Center

New Jersey Redevelopment Authority

The Jane H. Booker Family Health Center provides a wide range of outpatient health care services to meet the…

2010

Asbury Park, NJ | 6th District

550 Cookman Avenue

Capital One

Built in 1937, 550 Cookman Avenue is a shining example of Asbury Park’s art deco history. NMTC financing supported…

2020

Kearny, NJ | 9th District

KPIP Building 78 Annex

Capital One New Jersey Community Loan Fund

Rehabilitation of the former “craneway” building adjacent to the Sponsor’s existing Building 78, which will result in 90,000 sq….

2008

Jersey City, NJ | 8th District

26 Journal Square Rehab

New Jersey Redevelopment Authority

Rehabilitation of the abandoned Labor Bank Building….

2017

Kearny, NJ | 8th District

Kearny Point Building 197

GS New Markets Fund New Jersey Community Loan Fund

A 130-acre former federal shipyard transformed into an environmentally sustainable business hub for innovation and economic growth….

2005

Newark, NJ | 10th District

Renovation of 570 Broad

Paramount Community Development Fund

Renovation of an OFFICE BUILDING: 570 Broad is a 200,000 sq. ft., 15-story office building located in downtown Newark,…

2018

Newark, NJ | 8th District

Aerofarms – VEGS1

GS New Markets Fund MBS Urban Initiatives New Jersey Community Loan Fund

Improvement of a light industrial building and its temperature control systems to improve the operations of aeroponic vertical farming…

2017

Plainfield, NJ | 12th District

The Station at Grant Avenue

RBC Community Development

The project is the largest mixed use development the city has seen in more than 40 years. The NMTC…

2019

Camden, NJ | 1st District

ResinTech

Cinnaire New Markets Consortium America New Jersey Community Loan Fund

Construction of new production facilties for Resintech, Inc. and ActionPak, Inc. ResinTech Inc’s facility in Camden, NJ was the…

2014

Newark, NJ | 10th District

Boys and Girls Club of Newark – Central Ward Clubhouse

National Community Investment Fund

As the signature legacy project of the NY/NJ Super Bowl Host Committee, the Avon Avenue Clubhouse underwent a complete…

Pascrell Visits Passaic Redevelopment Site to Discuss Return of Local Economic Growth, Job Creation

Congressman Pascrell visits the People's Bank Building revitalization project

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Congressman Pascrell Attends Groundbreaking for Hinchliffe NMTC Project

Congressman Bill Pascrell (D-NJ) attends a groundbreaking for the revitalization of the Hinchliffe Stadium

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