New Jersey Community Capital Receives $985,000 for Ongoing Neighborhood Revitalization in East Trenton, New Jersey
The New Jersey Department of Community Affairs has awarded New Jersey Community Capital (NJCC) $985,000 to facilitate the development, preservation and improvement of affordable housing, job training programs and community facilities in East Trenton.
The NJCC will use the funding to support ongoing programs run by the East Trenton Collaborative, a community organizing and development initiative in the East Trenton neighborhood of North Trenton. This award marks the sixth time the NJCC has successfully secured funds through the Neighborhood Revitalization Tax Credit program for its efforts to reinvigorate the community’s most vulnerable populations.
“Thanks to our incredible collaboration with community members and partners, we are making great strides in East Trenton,” said Bernel Hall, president and CEO of New Jersey Community Capital. “We couldn’t do this without the Neighborhood Revitalization Tax Credit Program, and I thank the New Jersey Department of Community Affairs and contributing corporations for this critical funding. With their support, we can move closer to realizing a shared vision for a thriving community in East Trenton.
According to the NJCC, the institution will first use these funds to acquire and redevelop several abandoned homes that will eventually debut as affordable homeownership properties. A portion of the funds will also help fund a two-phase restoration plan for the historic East Trenton Library building. Led by Trenton-based design studio Clarke Caton Hintz, the East Trenton Library Community Center will host community programs focused on employment readiness, adult education, employment training and entrepreneurial training, among others, managed by the City of Trenton, the East Trenton Collaborative, and other partners.
The facility will also continue to offer summer and school season employment programs to neighborhood youth.
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