New Jersey Data and Stories

State Fact Sheet

Map of Selected Projects in New Jersey

Community Testimonials

The NMTC programs help create sustainable social and economic impact for communities representative of the community I was born and raised in the Bronx. Also, it is a unique opportunity for MBE firms like mine to “do good and well” based on our knowledge of the industry and our knowledge of the markets we serve.

-Jeffrey Monge, Managing Partner, Monge Capital, Newark, New Jersey

Selected Projects in New Jersey

Hahne & Co. Department Store Building

Newark,
NJ
(2015)

Affordable Housing, Community, Grocery and Fresh Food, Housing, Mixed-use, Mixed-use and Commercial, Retail, Schools

CDE(s): New Jersey Redevelopment Authority

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.

Spruce Street Community Center

Lawrence,
NJ
(2015)

Boys and Girls Clubs, Community, Daycare and Early Childhood, Recreation, Youth and Families, Youth Program

CDE(s): New Jersey Community Loan Fund, Wells Fargo

NMTC financing supported the creation of the Spruce Street Community Center, a 35,000 sq. ft. multi-purpose facility open to any youth in greater Mercer County.

Boys and Girls Club of Newark – Central Ward Clubhouse

Newark,
NJ
(2014)

Boys and Girls Clubs, Community, Recreation, Youth and Families

CDE(s): National Community Investment Fund

As the signature legacy project of the NY/NJ Super Bowl Host Committee, the Avon Avenue Clubhouse underwent a complete renovation, including a new gymnasium, state-of-the-art aquatic center, dance and fitness

Salvation Army Kroc Community Center

Camden,
NJ
(2014)

Adult Education, College or Vocational Training, Community, Culinary Entrepreneurship, Daycare and Early Childhood, Healthcare, Mixed-use, Salvation Army, Shelters and Community Food, Theaters and Performing Arts Spaces, Youth and Families

CDE(s): Brownfield Revitalization, New Jersey Redevelopment Authority, United Fund Advisors

A new community center for one of the poorest cities in America

MacMahon Student Center

Newark,
NJ
(2014)

Community, Retail, Retail and Commercial

CDE(s): Building America CDE, Chase, New Jersey Community Loan Fund

College Builds Bridge with Campus/Community Center

Newark Farmer’s Market

Newark,
NJ
(2013)

Community, Grocery and Fresh Food, Manufacturing, Retail, Retail and Commercial, Shelters and Community Food, Warehouse and Wholesale

CDE(s): CCG Community Partners, New Jersey Community Loan Fund, Urban America

One phase of a 180,000 sq.ft. food processing and distribution project with this phase consisting of 90,000 sq. ft.

Newark Call Center

Newark,
NJ
(2013)

Mixed-use, Office, Professional Services, Retail, Retail and Commercial, Sandy

CDE(s): CCG Community Partners, New Jersey Community Loan Fund, USBCDE

NMTC financing supported the rehab and new construction of two modern, mixed-use buildings in order to retain and attract tenants that provide diverse services to the Newark community, in the

Cooper Cancer Center

Camden,
NJ
(2012)

Community, Fighting Cancer, Healthcare

CDE(s): Building America CDE, Dudley Ventures, PNC

Development of cancer treatment facility and leasing to affiliate.

Bottino’s Shoprite

Vineland,
NJ
(2012)

Behavioral Health, Community, Daycare and Early Childhood, FQHCs, Grocery and Fresh Food, Healthcare, Mixed-use, Retail, Retail and Commercial, Youth and Families, Youth Program

CDE(s): Brownfield Revitalization, CCG Community Partners, The Reinvestment Fund

Bottino's ShopRite in Vineland, the family-run grocery chain that included a community health clinic.

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

The Gateway Family YMCA – Elizabeth Branch

Elizabeth,
NJ
(2011)

Community, Daycare and Early Childhood, Recreation, Veterans Services, YMCAs and YWCAs, Youth and Families

CDE(s): Bank of America

NMTC financing for a YMCA impacts the community it serves by nurturing the potential of every child, teaching the importance of spirit, mind, and body to achieve a healthier lifestyle