Nellie Pou (D-NJ09)

Impact in the District

Between 2005 and 2023, there was $161.9 million in total lending from CDFI Fund award recipients, including $59.1 million in loans to businesses and entrepreneurs, $50.5 million in housing development and mortgage lending, $41.7 million in lending to commercial real estate and community facilities, with the balance going to other activities. For more impact data, check out the CDFI Advocacy App over at CDFI Friendly America.

Stories from the District
Argus-Ellison Affordable Housing 
New Jersey Community Capital borrower success story
Dan Misuraca: Red White and Cue BBQ
Dan Misuraca and his wife, Katie, founders of Red White and Cue BBQ, embarked on their journey into the world of barbecue in 2016, starting their business in Kearny, NJ—a place…
Erbach Communications Group (ECG)
Kristen is committed to making a difference through her marketing company, ECG. UCEDC's loan is helping her do just that.
Hinchcliffe Stadium
The renovation of a historic stadium for community use and lease to the School District of Paterson, NJ for nominal rent in addition to the construction of an exhibition space for the history of of Negro league baseball, restaurant, and adjacent parking.
CDFIs with Branches in the District
There are no CDFI branches in the district. However, there may be CDFIs and CDFI investment.

Map of CDFI Branches and Stories in

New Jersey Fact Sheet