New Community Development Loan Fund

Newark NJ


New Community Development Loan Corporation (NCDLC) is an affiliate of the New Community Corporation. Certified as a Community Development Financial Institution in 1996, NCDLC makes loans to small businesses and startup enterprises which create jobs for low income residents of Newark and adjacent communities.

CDFI Awards for New Community Development Loan Fund


SECA (1998) - $7,000

NCDLC will use the $7,000 Technical Assistance grant from the CDFI Fund for staff training and strategic planning to increase its lending activities.



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