New Jersey Community Development Entity, LLC

Trenton NJ


New Jersey Community Development Entity (NJCDE) will provide economic development loans for both businesses and real estate development projects and construction loans for the development of for-sale housing. These loans can be used to fill financing gaps to advance economic development projects that need additional capital.

CDFI Awards for New Jersey Community Development Entity, LLC


NMTC (2003) - $125,000,000

Through its allocation, NJCDE can offer either mezzanine or permanent loans made at below-market rates with terms no less than seven years and interest-only payments for seven years. NJCDE can also leverage and expand the amount of construction loan capital for homeownership development, which is currently insufficient to meet demand, thereby increasing the number of affordable homeownership developments.



Other Community Development Financial Institutions in New Jersey





Featured Government Grant Resources


Department of Agriculture: Value Added Producer Grants

The Value-Added Producer Grants program is geared towards helping the Independent Producers of Agricultural Commodities, Agriculture Producer Groups, Farmer and Rancher Cooperatives, and Majority-Controlled Producer-Based Business Ventures in developing techniques that would create marketing opportunities and establish business plans involving viable marketing opportunities that involve the production of bio-based products from agricultural commodities.







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A Community Development Credit Union, more commonly known as a CDCU, is a credit financial institution which owned and controlled by its members in an effort to sustain the ability of being able to provide a wide array of financial services.





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