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New Jersey Community Capital
https://www.newjerseycommunitycapital.org/Last activity: 21.05.2024
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New Jersey Community Capital is a non-profit community development financial institution dedicated to creating thriving communities through strategic investments and knowledge.
Founded in 1987, New Jersey Community Capital is a certified Community Development Financial Institution (CDFI) that provides an innovative toolkit of financial products, programs and services to advance equity and inclusive opportunities in the underserved communities we serve.
NJCC supports the preservation and development of affordable housing and sustainable community development ventures that increase jobs, improve education and strengthen neighborhoods to ensure that communities can thrive.
To stay informed about the latest news, careers or updates, please visit www.newjerseycommunitycapital.org.
For all media inquiries, please call 732.640.2061
Founded in 1987, New Jersey Community Capital is a certified Community Development Financial Institution (CDFI) that provides an innovative toolkit of financial products, programs and services to advance equity and inclusive opportunities in the underserved communities we serve.
NJCC supports the preservation and development of affordable housing and sustainable community development ventures that increase jobs, improve education and strengthen neighborhoods to ensure that communities can thrive.
To stay informed about the latest news, careers or updates, please visit www.newjerseycommunitycapital.org.
For all media inquiries, please call 732.640.2061
Location: United States, New Jersey, New Brunswick
Employees: 51-200
Phone: +1 732-640-2061
Total raised: $5.3M
Founded date: 1987
Funding Rounds 2
| Date | Series | Amount | Investors |
| 13.04.2023 | Grant | $5M | - |
| 11.03.2022 | Grant | $300K | - |
Mentions in press and media 11
| Date | Title | Description |
| 21.05.2024 | NJCC Expands Its Impact Area, Investing Goals and Investment Team | At its 35th anniversary celebration, New Jersey Community Capital highlighted its recent achievements and new strategic plan to support homeownership, economic development and wealth creation in underserved neighborhoods nationwide NEW BRUN... |
| 27.07.2023 | Senator Booker Announces New Jersey Community Capital $800K Grant to Develop Permanent Affordable Housing in New Jersey | New Jersey Community Capital Logo "Affordable housing is critical to building safer and more equitable communities," said Sen. Booker. "I was proud to secure this funding to allow NJCC to provide critically needed housing and... |
| 29.06.2023 | Marie Mascherin, Longtime Chief Operating Officer of New Jersey Community Capital, Closes Out Career | “Marie has played a key role in developing NJCC into the organization it is today. Her commitment to our mission, borrowers, employees and the communities we serve has created a positive impact throughout New Jersey,” said Bernel Hall, Pres... |
| 23.05.2023 | New Jersey Community Capital Celebrates the Reopening of Hinchliffe Stadium, Creating Equitable Opportunities Across Paterson | Bernel Hall speaks at Hinchliffe Stadium ribbon cutting (Credit: Aaron Houston) "This project represents a significant investment in the Paterson community, and we are proud to have played a role in bringing this historic landmark back... |
| 02.05.2023 | Executive Vice President of RWJBarnabas Health Joins Board of Directors of New Jersey Community Capital | Dr. Paul Alexander brings expertise and experience working in health care and health insurance to NJCC. “Dr. Alexander’s expertise and experience working in health care and health insurance adds an invaluable perspective to our board. He’s ... |
| 13.04.2023 | US Treasury Awards New Jersey Community Capital $5M Grant from CDFI Equitable Recovery Program | “This grant will allow NJCC to work collaboratively with local partners and stakeholders to address the unique needs of our communities, with a focus on ensuring that resources are distributed equally and reach those who need them the most.... |
| 28.03.2023 | New Jersey Community Capital Appoints John D. Allen IV as Chief Financial Officer | John “J.D.” Allen IV Headshot (Courtesy of NJCC) “This is a pivotal time for the organization, and his extensive financial experience will help NJCC reach even greater heights in the years ahead,” said Bernel Hall, President and CEO of NJCC... |
| 07.03.2023 | New Jersey Community Capital Selects Momentum Advisors to Invest $2.3M to Improve the State’s Charter School Facilities | New Jersey Community Capital Logo (Courtesy of NJCC) “One of NJCC's core strategies is to finance high-quality education opportunities for underserved and under-resourced communities. We are thrilled to partner with Momentum Advisors, a Bla... |
| 10.02.2022 | Women’s Center for Entrepreneurship Celebrates Black History Month with Panel and Keynote by African American Chamber of Commerce of NJ President John Harmon | Women's Center for Entrepreneurship - WCEC Women's Business Center “We are thrilled to host this panel discussion and to work with the African American Chamber of Commerce of New Jersey to amplify the voices of BIPOC entrepreneurs whose sto... |
| 15.10.2020 | As vacant foreclosures increase, so does buyer interest | A Q3 2020 rise in vacant foreclosures signals a possible re-escalation in a hard-fought battle against neighborhood blight in which many cities have just recently gained the upper hand. “We still have vacancy and blight issues but they are ... |
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