The New Jersey Redevelopment Authority (NJRA) is pleased to announce the completion of its first project, 566-572 13th Avenue, funded by the NJRA Affordable Housing Support Initiative. A ribbon-cutting ceremony was held on Thursday, February 20, marking the official opening of Unity, a three-story, 19,602-square-foot multifamily development featuring 16 affordable two-bedroom units in Newark’s West Ward. “The completion of Unity is a testament to the NJRA’s commitment to improving the quality of life for residents in urban communities,” said Leslie A. Anderson, NJRA President and CEO. “This project also honors Lt. Governor Sheila Y. Oliver’s legacy and efforts to address the affordable housing crisis and improve the lives of residents across New Jersey.” City of Newark
关于我们
The New Jersey Redevelopment Authority (NJRA) is a multi-million dollar independent financing authority created by the state of New Jersey via the New Jersey Redevelopment Act in July 1996 to transform urban communities through direct investment and technical support. The New Jersey Redevelopment Act provided the state’s urban centers with opportunities to build effective public/private partnerships in order to leverage funds for entrepreneurial growth, job creation, and to enhance community empowerment. It allowed NJRA to pioneer a coordinated approach to facilitating needed urban redevelopment projects in economically disadvantaged neighborhoods. The work that the New Jersey Redevelopment Authority does is particularly necessary because of the complex challenges that projects in urban communities face in securing financing and resources. NJRA is often the first significant investor in these areas, and through the partnerships forged with key stakeholders their investment serves as a catalyst for private investment. NJRA created the Redevelopment Training Institute (RTI) in 2006 and it o?ers a multitude of intensive workshops in the areas of project ?nance, tax abatements, redevelopment planning law, tax credits, CDBG and Home Funds, and more. NJRA-RTI provides valued technical assistance and support that builds community capacity by strengthening neighborhood cultures. This attracts and maintains development opportunities to sustain neighborhoods. Our training programs prepare community development organizations and nonprofits focused on urban revitalization to carry out economic development initiatives. In keeping with NJRA’s creative community investment strategy, RTI has provides the Comprehensive Real Estate Development Class and Tour (CRED) where participants use case studies to learn the fundamentals of real estate development using real development projects as a backdrop for the concepts, applications, and discussions focused on redevelopment.
- 网站
-
https://www.njra.us
New Jersey Redevelopment Authority的外部链接
- 所属行业
- 政府管理
- 规模
- 11-50 人
- 总部
- Trenton，NJ
- 类型
- 政府机构
- 创立
- 1996
- 领域
- redevelopment、financial and technical assistance和redevelopment training
地点
-
主要
获取路线
150 West State Street, 2nd Floor
PO Box 790
US，NJ，Trenton，08625
New Jersey Redevelopment Authority员工
-
Darryl Godfrey
Chief Operating Officer
-
Oscar Parham
Chief Strategy Officer and EEO/AA Officer, New Jersey Redevelopment Authority
-
Ashley Davis, MPA
Former First Ward Councilwoman for the City of Plainfield
-
Shanice Dixon
Data Analyst Intern at University of Massachusetts Dartmouth Academic Resourse Center
动态
-
??ATTENTION??Registration for Project Finance ends this Friday!! Register today for the NJRA’s TI Project Finance workshop, led by Kevin McQueen of The Leviticus Fund, and gain the tools for redevelopment success.?? ? Register here: https://ow.ly/o1uZ50Vg1qg
-
-
Meet Kevin McQueen, Director of The Leviticus Fund! ??? Kevin McQueen is a financier, strategist, and educator in community development finance and impact investing. He currently serves as the Director of Lending at The Leviticus Fund, which finances equitable economy initiatives in the local tri-state area. Additionally, he is a partner at BWB Solutions, LLC, a management consulting firm specializing in social impact organizations. Register now through the link in our bio and don't miss valuable insights at the NJRA Training Institute’s Project Finance workshop on March 18th! ?? #SpeakerSpotlight #NJRATI #ProjectFinance
-
-
Happy International Women’s Day! International Women's Day is a global day celebrating the social, economic, cultural, and political achievements of women. The day also marks a call to action for accelerating women's equality. #IWD2025 #AccelerateAction
-
-
?? Join us for the NJRA Training Institute Project Finance Workshop! ?? Looking to sharpen your real estate development financing skills? ????? Don’t miss Project Finance Fundamentals: From Basics to Intermediate Strategies for Real Estate Development with expert Kevin McQueen of BWB Solutions LLC! ?? Date: March 18, 2025 ? Time: 10 AM - 2 PM ?? Location: New Brunswick Theological Seminary Secure your spot today! Register now at https://lnkd.in/ddGA5rRj ?? #NJRA #ProjectFinance #RealEstateDevelopment #ProfessionalDevelopment
-
-
This Women’s History Month, we celebrate the inspiring women shaping the future of redevelopment and economic growth in New Jersey. At the New Jersey Redevelopment Authority, we’re proud to support women who are not only transforming communities but also improving the quality of life for residents, creating vibrant, sustainable futures for all. #WomensHistoryMonth #WomenInRedevelopment #NJRA
-
-
Did you know that the NJRA can only provide financing in 69 legislatively designated municipalities? Check out our municipalities here! Visit www.njra.us for more information
-
-
The NJRA had the honor of sponsoring the 15th Annual Circle of Achievement Awards Gala this year. This past Wednesday, the NJRA participated in recognizing a distinguished group of African Americans who have attained a significant level of accomplishment in New Jersey. Thank you to the The African American Chamber of Commerce of New Jersey (AACCNJ) for a fantastic night!