11,447 loans and investments totaling $153.1 million in the district in 2022 For more impact data, check out the CDFI Advocacy App over at CDFI Friendly America.
Stories from the District
Address Yourself Program: Talita Elizeu
Jersey City,
New Jersey
New Jersey Community Loan Fund
Talita Elizeu is a 26-year-old Massachusetts native, who has been living in Jersey City for the past five years. She loves the tight-knit community that Jersey City has to offer and being surrounded by like-minded individuals and families. After renting for several years, Talita received a raise at her job and was finally able to move forward with her dream of becoming a homeowner.
A graduate of the CAPC training program and Black-owned real estate developer is utilizing NJCC financing to develop high-quality affordable rental homes.
Carolina Rosa always knew she wanted to try running her own business. She remembers being inspired by her old boss, who came to the U.S. from the Dominican Republic. He started out washing dishes before going on to own several…
CHC & Calvert Announce Investment and Collaboration with NJCC to Support Acquisition and Rehab of Homes Affected by Superstorm Sandy
Hudson, Essex, Bergen, Union, Monmouth, Middlesex, Ocean, Atlantic and Cape May Counties,
New Jersey
New Jersey Community Loan Fund
$7 Million Loan to New Jersey Community Capital’s Community Asset Preservation Corporation to Rehabilitate Abandoned and Foreclosed Homes in New Jersey.
Equipped with nearly $16 million in capital from a cohort of dedicated community institutions and partners, Family Village will rehabilitate more than fifty abandoned scattered-site properties into more than one-hundred safe and healthy affordable homes.
In 2019, New Jersey Community Capital partnered with Wells Fargo and NeighborWorks® America to bring the national NeighborhoodLIFT® Program to New Jersey to provide down payment assistance grants to families and individuals purchasing a home in Essex County.
