New Jersey Community Capital

For some families, homeownership feels like something that happens to other people. Years of renting. Sharing space. Making do. The idea of owning your own home can feel distant - or even impossible. But when families see neighbors stepping into ownership, everything shifts. The dream becomes tangible. A story from one homeowner said it best: Until age 25, the dream didn’t feel real. But the moment came to stop waiting and start doing - to buy a home and establish a stable foundation for his family. What followed wasn’t just a transaction. It was a lasting change. From instability to stability. From renting to owning. From dreaming to building equity. Homeownership has a ripple effect. It creates roots, stabilizes families, and opens doors for the next generation. Because owning a home isn’t just about property - it’s about possibility. And when one person achieves it, others begin to believe they can, too.

On Thursday, March 27th, our President & CEO Bernel Hall joined local leaders in Newark, NJ to celebrate a major milestone for community development: the ribbon-cutting of a new mixed-use housing project at 15–19 South 13th Street. New Jersey Community Capital was proud to provide a $1.938 million lead participation in a $3.8 million construction and mini-permanent loan that helped bring this project in the Northern Fairmount Neighborhood Redevelopment Area to life. The result? A five-story building featuring: – 23 two-bedroom apartments with workforce housing rental rates up to 80% AMI – 1 ground-floor commercial unit This is more than just a building; it’s part of a broader strategy to foster economic growth, create access to affordable housing, and support neighborhoods across Newark. We believe that with the right investment and collaboration, communities can transform from the inside out.

Strong economies aren’t built overnight - they grow when people have the resources to succeed. When capital flows into communities, the impact is immediate and long-lasting: ✅ Small businesses expand, creating jobs and wealth locally. ✅ Families gain financial stability through homeownership and equitable lending. ✅ Infrastructure investments improve quality of life, making neighborhoods stronger. But too often, underserved communities are left behind, lacking the financial support needed to thrive. That’s why people-first investment strategies matter. When funding is directed toward local businesses, affordable housing, and community-led initiatives, the benefits multiply - strengthening entire economies, not just individual projects. Sustainable economic growth starts with investing in people. By expanding access to capital, we build resilient communities where opportunity isn’t just a privilege - it’s a foundation. #CommunityInvestment #EconomicGrowth #FinancialEquity #ThrivingCommunities

A $1.9M loan is now making it possible for 200+ students to access a high-quality athletic field in Brooklyn. Here’s why that matters: Physical education isn’t just about exercise — it’s about opportunity. Access to safe, modern recreation space improves health, builds confidence, and helps kids thrive academically. But in many urban areas, these spaces are nonexistent or overlooked. That’s where strategic, socially responsible investment steps in. By financing facilities like this, we’re not only supporting one school — we’re strengthening the long-term foundation of the entire neighborhood. And this isn’t just theory. The field is already helping expand Success Academy’s soccer program, which doubled participation last year and is projected to grow even more. Investing in educational infrastructure changes outcomes. It builds pride. It inspires confidence. It plants seeds for generational progress. We’re proud to partner with Apex Development and Success Academy Charter Schools to make this possible. Let’s keep building spaces that give every child the chance to succeed. Get the full details in the press release: https://lnkd.in/ejAXPCsC

Building wealth isn’t just about how much you earn - it’s about what opportunities you have to grow and sustain it. For many individuals and business owners in underserved communities, the biggest obstacle isn’t effort or ambition - it’s access to capital. When financial resources are out of reach: – Families struggle to buy homes and build generational wealth – Small businesses can’t expand or hire locally – Communities miss out on investments that drive long-term growth The issue isn’t a lack of talent, ideas, or hard work - it’s a financial system that has historically left too many people behind. Equitable lending and investment programs change this reality. By providing flexible funding options, down payment assistance, and business capital, these programs create pathways to ownership, stability, and long-term financial security. Wealth should not be determined by where you were born or what zip code you live in. Expanding access to capital means expanding opportunities - ensuring that everyone has the chance to build a stronger financial future.

Strong communities don’t just happen - they are built through strategic investment in people, businesses, and local infrastructure. When capital flows into historically underserved areas, the impact extends far beyond a single project or initiative. What does true community investment create? – Thriving small businesses that generate jobs and local wealth – Affordable housing that gives families long-term stability – Infrastructure improvements that enhance quality of life for everyone Too often, investment bypasses the neighborhoods that need it most, reinforcing cycles of economic struggle. Without access to funding, local businesses can’t expand, families can’t build equity, and communities can’t reach their full potential. But when financial resources are directed toward revitalization efforts that prioritize local needs, the benefits multiply - leading to stronger economies, healthier neighborhoods, and greater opportunities for everyone. Sustainable growth starts with equitable investment. When communities get the support they need, the impact lasts for generations.

For many families, finding a place to live isn’t just about affordability - it’s about stability, opportunity, and long-term security. Rising housing costs don’t just strain budgets, they force people to make impossible choices. When affordable housing is out of reach: – Families are pushed into overcrowded or substandard living conditions – Workers face longer commutes, limiting job opportunities and quality of life – Neighborhoods lose their diversity as longtime residents are priced out The challenge isn’t just the price of rent or a mortgage - it’s the lack of housing solutions designed to support working families. Investing in affordable housing means more than just lowering costs. It means creating pathways to homeownership, expanding rental options, and ensuring that people can live in the communities where they work and raise their families. Strong communities are built on stability. When families can stay in their homes, they build wealth, strengthen local economies, and create a foundation for future generations. Affordable housing isn’t just a need - it’s the key to thriving, resilient communities.

Passion and dedication drive small businesses - but without access to funding, even the most determined entrepreneurs can hit a wall. Traditional lenders often favor large, established businesses, leaving many small business owners - especially those in underserved communities - without the capital they need to grow. What does that mean for local economies? – Promising businesses struggle to expand, hire, or even stay open – Neighborhoods miss out on job creation and essential services – Economic growth becomes concentrated in already wealthy areas The challenge isn’t a lack of talent or ambition - it’s a system that makes funding inaccessible to those who need it most. Alternative lending solutions, like CDFIs, provide capital designed for small businesses that are overlooked by traditional banks. These loans aren’t just financial transactions - they’re investments in local economies, job creation, and community resilience. When small businesses get the funding they need, they don’t just succeed - they strengthen entire communities. Every entrepreneur deserves a fair shot at success.

When longtime residents are pushed out of their neighborhoods, the impact goes beyond housing - it disrupts entire communities. Gentrification and rising costs often force families and small businesses to relocate, stripping neighborhoods of their history, culture, and economic stability. What happens when displacement takes hold? – Local businesses lose their customer base and struggle to survive – Families are uprooted, losing access to schools, jobs, and support networks – Communities lose their identity as longtime residents are priced out The problem isn’t revitalization - it’s who gets to benefit from it. Growth should create opportunities for the people who already live in a community, not push them out. That’s why investment strategies that prioritize affordability and long-term stability are critical. Programs that provide access to homeownership, financial support for small businesses, and protections for local residents ensure that communities thrive without displacement. A strong neighborhood isn’t just about new developments - it’s about the people who call it home.

Some businesses never get the chance to grow - not because they lack potential, but because they lack funding. Traditional banks often require high credit scores, significant collateral, or long financial histories. For many small business owners, especially in historically underserved communities, these barriers are impossible to overcome. What does that mean in practice? – Entrepreneurs with viable ideas are forced to put their dreams on hold – Local job creation slows down, limiting economic mobility – Communities miss out on businesses that could provide essential goods and services This isn’t just about individual businesses - it’s about entire communities losing out on opportunities for stability and growth. Alternative funding sources, like CDFIs, change this narrative. By offering flexible lending solutions designed to serve businesses that would otherwise be shut out, these institutions help local economies grow from within. Businesses that receive equitable access to capital don’t just survive - they thrive. They reinvest in their neighborhoods, create jobs, and strengthen the economic fabric of their communities. Capital should never be the reason a great idea stays on the sidelines. When funding reaches the right people, the ripple effect benefits everyone.