New Jersey Community Capital (Community Loan Fund of New Jersey)
Quick Facts
Entity Synopsis
(732) 640-2061
New Jersey Community Capital is a statewide nonprofit loan fund that provides innovative financing solutions and meaningful technical assistance in underserved communities throughout New Jersey. NJCC is the largest community development financial institution headquartered in New Jersey and is the leading lender to charter schools in the state. Its various lending programs for charter schools range from acquisition and construction financing to mini-permanent and permanent financing to leasehold improvement, lease guaranties, and short-term working capital loans. NJCC's low cost financing options have supported more than 20,000 charter school seats representing more than 45 charter school campuses in New Jersey, New York, and Washington, DC.
By investing in financially sound, socially-motivated projects that are often unable to access capital from conventional sources, NJCC improves social outcomes while providing a reliable financial return to our investors. In recent years, NJCC has designed innovative strategies to mitigate the problems of the foreclosure crisis. Additionally, NJCC created several successful initiatives to support New Jersey's recovery from Superstorm Sandy and the COVID-19 pandemic. Meanwhile, NJCC continues to provide portfolio management, financial training, research sponsorship, and policy advocacy to advance the community development industry in New Jersey.
Entity Snapshot
Total Directly Enhanced: $115,050,921
Total Financing Leveraged: $232,730,378
Number of Schools Served: 72
Number of New Schools Served: 39
Total Directly Enhanced: $22,712,259
Total Financing Leveraged: $38,760,841
Number of Schools Served: 26
Number of New Schools Served: 14
Locations Served by CE Lenders
Schools Served
| School Name | Award Year | Federal Fiscal Year School Served | Amount of Financing Leveraged | Grant Funds Committed |
|---|---|---|---|---|
| ACADEMY CHARTER HIGH SCHOOL | 2006 | 2010 |
$13,880,000.00 | $65,680.60 |
| ACADEMY CHARTER HIGH SCHOOL | 2006 | 2013 |
$13,880,000.00 | $70,000.00 |
| ACADEMY FOR URBAN LEADERSHIP CHARTER SCHOOL | 2006 | 2012 |
$2,647,000.00 | $140,000.00 |
| ACHIEVERS EARLY PREPARATORY CHARTER SCHOOL | 2006 | 2019 |
$130,000.00 | $200,000.00 |
| ACHIEVERS EARLY PREPARATORY CHARTER SCHOOL | 2016 | 2019 |
$400,000.00 | $100,000.00 |
| BARACK OBAMA GREEN CHARTER HIGH SCHOOL | 2006 | 2011 |
$333,330.00 | $175,000.00 |
| BELOVED COMMUNITY CHARTER SCHOOL | 2006 | 2015 |
$333,330.00 | $250,000.00 |
| BELOVED COMMUNITY CHARTER SCHOOL | 2006 | 2015 |
$4,850,000.00 | $300,000.00 |
| BELOVED COMMUNITY CHARTER SCHOOL | 2006 | 2016 |
$250,000.00 | $728,000.00 |
| BELOVED COMMUNITY CHARTER SCHOOL | 2016 | 2018 |
$300,000.00 | $3,580,000.00 |
| BENJAMIN BANNEKER PREPARATORY CHARTER SCHOOL | 2006 | 2017 |
$12,500,000.00 | $244,000.00 |
| BRIDGETON PUBLIC CHARTER SCHOOL | 2006 | 2020 |
$2,883,065.87 | $129,532.94 |
| BRIDGETON PUBLIC CHARTER SCHOOL | 2016 | 2020 |
$722,242.00 | $40,000.00 |
| BRIDGETON PUBLIC CHARTER SCHOOL | 2006 | 2016 |
$15,268,503.00 | $75,000.00 |
| BRIDGETON PUBLIC CHARTER SCHOOL | 2006 | 2017 |
$2,650,000.00 | $100,000.00 |
| BRIDGETON PUBLIC CHARTER SCHOOL | 2016 | 2018 |
$264,000.00 | $50,000.00 |
| BRIDGETON PUBLIC CHARTER SCHOOL | 2016 | 2019 |
$275,000.00 | $50,000.00 |
| CENTRAL JERSEY ARTS CHARTER SCHOOL | 2006 | 2014 |
$300,000.00 | $150,000.00 |
| COLLEGE ACHIEVE CENTRAL CHARTER SCHOOL | 2006 | 2015 |
$477,233.00 | $450,000.00 |
| COLLEGE ACHIEVE CENTRAL CHARTER SCHOOL | 2006 | 2016 |
$150,000.00 | $500,000.00 |
| COLLEGE ACHIEVE CENTRAL CHARTER SCHOOL | 2006 | 2017 |
$450,000.00 | $350,000.00 |
| COLLEGE ACHIEVE CENTRAL CHARTER SCHOOL | 2006 | 2017 |
$500,000.00 | $3,754,923.53 |
| COLLEGE ACHIEVE CENTRAL CHARTER SCHOOL | 2016 | 2018 |
$350,000.00 | $750,000.00 |
| COLLEGE ACHIEVE CENTRAL CHARTER SCHOOL | 2016 | 2019 |
$16,688,549.00 | $700,000.00 |
| COLLEGE ACHIEVE GREATER ASBURY PARK CHARTER SCHOOL | 2006 | 2017 |
$4,048,467.00 | $500,000.00 |
| COLLEGE ACHIEVE GREATER ASBURY PARK CHARTER SCHOOL | 2016 | 2018 |
$3,145,675.00 | $500,000.00 |
| COLLEGE ACHIEVE GREATER ASBURY PARK CHARTER SCHOOL | 2016 | 2019 |
$807,823.00 | $525,000.00 |
| COLLEGE ACHIEVE PATERSON CHARTER SCHOOL | 2006 | 2017 |
$1,499,097.00 | $500,000.00 |
| COLLEGE ACHIEVE PATERSON CHARTER SCHOOL | 2016 | 2018 |
$916,941.00 | $500,000.00 |
| COLLEGE ACHIEVE PATERSON CHARTER SCHOOL | 2016 | 2019 |
$800,000.00 | $525,000.00 |
| COMMUNITY CHARTER SCHOOL OF PATERSON | 2006 | 2013 |
$2,825,756.00 | $120,000.00 |
| CREATIVITY COLABORATORY CHARTER SCHOOL | 2016 | 2020 |
$302,275.00 | $100,000.00 |
| DISCOVERY CHARTER SCHOOL | 2006 | 2012 |
$2,221,848.00 | $398,423.81 |
| DR. LENA EDWARDS ACADEMIC CHARTER SCHOOL | 2006 | 2011 |
$1,500,000.00 | $250,000.00 |
| E.L. HAYNES PUBLIC CHARTER SCHOOL | 2006 | 2008 |
$5,330,306.30 | $150,000.00 |
| EMPOWERMENT ACADEMY CHARTER SCHOOL | 2006 | 2017 |
$400,000.00 | $216,000.00 |
| FOUNDATION ACADEMY CHARTER SCHOOL | 2006 | 2014 |
$23,000,000.00 | $200,000.00 |
| FOUNDATION ACADEMY CHARTER SCHOOL | 2006 | 2016 |
$216,000.00 | $288,000.00 |
| GREAT OAKS CHARTER SCHOOL | 2006 | 2012 |
$509,000.00 | $777,576.19 |
| GREATER BRUNSWICK CHARTER SCHOOL | 2006 | 2008 |
$3,600,000.00 | $100,000.00 |
| GREATER BRUNSWICK CHARTER SCHOOL | 2006 | 2009 |
$8,423,045.40 | $197,500.00 |
| HOBOKEN CHARTER SCHOOL | 2006 | 2011 |
$398,842.30 | $600,000.00 |
| HOBOKEN CHARTER SCHOOL | 2006 | 2013 |
$7,550,000.00 | $600,000.00 |
| HOPE ACADEMY CHARTER SCHOOL | 2006 | 2011 |
$5,000,000.00 | $639,911.50 |
| HOPE ACADEMY CHARTER SCHOOL | 2006 | 2012 |
$3,459,487.89 | $150,000.00 |
| HOPE ACADEMY CHARTER SCHOOL | 2006 | 2012 |
$4,257,286.00 | $417,500.00 |
| JERSEY CITY COMMUNITY CHARTER SCHOOL | 2006 | 2010 |
$4,257,286.00 | $944,200.00 |
| JERSEY CITY GLOBAL CHARTER SCHOOL | 2006 | 2013 |
$3,705,904.08 | $200,000.00 |
| JERSEY CITY GLOBAL CHARTER SCHOOL | 2006 | 2014 |
$3,228,200.00 | $127,000.00 |
| JERSEY CITY GLOBAL CHARTER SCHOOL | 2006 | 2015 |
$200,000.00 | $125,000.00 |
| JERSEY CITY GLOBAL CHARTER SCHOOL | 2016 | 2020 |
$1,359,450.00 | $900,000.00 |
| JOHN P. HOLLAND CHARTER SCHOOL | 2016 | 2018 |
$127,000.00 | $200,000.00 |
| JOHN P. HOLLAND CHARTER SCHOOL | 2016 | 2019 |
$125,000.00 | $240,000.00 |
| KINGDOM CHARTER SCHOOL OF LEADERSHIP | 2006 | 2014 |
$555,992.00 | $70,000.00 |
| KINGDOM CHARTER SCHOOL OF LEADERSHIP | 2006 | 2015 |
$752,492.00 | $50,000.00 |
| LEAD CHARTER SCHOOL | 2006 | 2017 |
$73,500.00 | $370,000.00 |
| LEAD CHARTER SCHOOL | 2006 | 2017 |
$50,000.00 | $218,500.00 |
| LEAD CHARTER SCHOOL | 2016 | 2018 |
$740,000.00 | $300,000.00 |
| LEAD CHARTER SCHOOL | 2016 | 2019 |
$218,500.00 | $240,000.00 |
| LEAD CHARTER SCHOOL | 2006 | 2020 |
$4,070,000.00 | $292,000.00 |
| MARION P. THOMAS CHARTER SCHOOL | 2006 | 2007 |
$818,825.00 | $165,000.00 |
| MARION P. THOMAS CHARTER SCHOOL | 2006 | 2007 |
$969,248.00 | $100,000.00 |
| MARION P. THOMAS CHARTER SCHOOL | 2006 | 2008 |
$2,750,000.00 | $720,000.00 |
| MARION P. THOMAS CHARTER SCHOOL | 2006 | 2010 |
$313,711.00 | $367,915.00 |
| MARION P. THOMAS CHARTER SCHOOL | 2006 | 2010 |
$4,118,631.00 | $1,134,000.00 |
| MARION P. THOMAS CHARTER SCHOOL | 2006 | 2014 |
$367,915.00 | $1,026,000.00 |
| MERCER ARTS CHARTER HIGH SCHOOL | 2006 | 2007 |
$4,118,631.00 | $200,000.00 |
| MILLVILLE PUBLIC CHARTER SCHOOL | 2016 | 2019 |
$651,545.00 | $100,000.00 |
| MILLVILLE PUBLIC CHARTER SCHOOL | 2016 | 2020 |
$529,095.00 | $100,000.00 |
| MILLVILLE PUBLIC CHARTER SCHOOL | 2006 | 2016 |
$35,000,000.00 | $75,000.00 |
| MILLVILLE PUBLIC CHARTER SCHOOL | 2006 | 2016 |
$1,603,996.00 | $150,000.00 |
| MILLVILLE PUBLIC CHARTER SCHOOL | 2006 | 2017 |
$250,000.00 | $250,000.00 |
| MILLVILLE PUBLIC CHARTER SCHOOL | 2016 | 2018 |
$243,474.00 | $125,000.00 |
| NEWARK EDUCATORS COMMUNITY CHARTER SCHOOL | 2006 | 2009 |
$645,000.00 | $175,000.00 |
| NORTH STAR ACADEMY CHARTER SCHOOL | 2006 | 2008 |
$657,953.00 | $467,500.00 |
| ONTECH CHARTER HIGH SCHOOL | 2016 | 2020 |
$2,817,259.00 | $200,000.00 |
| PAUL ROBESEON CHARTER SCHOOL | 2006 | 2017 |
$1,000,000.00 | $250,000.00 |
| PAUL ROBESEON CHARTER SCHOOL | 2016 | 2018 |
$5,475,000.00 | $200,000.00 |
| PAUL ROBESON CHARTER SCHOOL | 2006 | 2017 |
$567,083.20 | $200,000.00 |
| PAUL ROBESON CHARTER SCHOOL | 2016 | 2019 |
$676,925.00 | $160,000.00 |
| PRINCIPLE ACADEMY CHARTER SCHOOL | 2006 | 2019 |
$383,047.00 | $400,000.00 |
| SUSSEX COUNTY CHARTER SCHOOL OF TECHNOLOGY | 2006 | 2009 |
$739,022.00 | $18,750.00 |
| SUSSEX COUNTY CHARTER SCHOOL OF TECHNOLOGY | 2006 | 2009 |
$1,146,651.00 | $2,150,000.00 |
| SUSSEX COUNTY CHARTER SCHOOL OF TECHNOLOGY | 2006 | 2010 |
$240,000.00 | $340,000.00 |
| SUSSEX COUNTY CHARTER SCHOOL OF TECHNOLOGY | 2006 | 2011 |
$4,500,000.00 | $680,000.00 |
| TEAM ACADEMY CHARTER SCHOOL | 2006 | 2009 |
$1,169,950.00 | $187,500.00 |
| TEAM ACADEMY CHARTER SCHOOL | 2006 | 2010 |
$5,669,950.00 | $174,669.04 |
| TEAM ACADEMY CHARTER SCHOOL | 2006 | 2012 |
$1,750,000.00 | $324,000.00 |
| TEANECK COMMUNITY CHARTER SCHOOL | 2006 | 2007 |
$1,750,000.00 | $45,360.00 |
| UNITY CHARTER SCHOOL | 2006 | 2010 |
$21,995,464.00 | $155,808.00 |
| UNITY CHARTER SCHOOL | 2006 | 2010 |
$9,550,000.00 | $260,000.00 |
| UNIVERSITY HEIGHTS CHARTER SCHOOL | 2006 | 2019 |
$1,843,728.00 | $600,000.00 |
| VINELAND PUBLIC CHARTER SCHOOL | 2006 | 2016 |
$1,050,542.00 | $75,000.00 |
| VINELAND PUBLIC CHARTER SCHOOL | 2006 | 2016 |
$2,764,497.00 | $150,000.00 |
| VINELAND PUBLIC CHARTER SCHOOL | 2006 | 2017 |
$148,758.00 | $250,000.00 |
| VINELAND PUBLIC CHARTER SCHOOL | 2016 | 2018 |
$648,960.00 | $125,000.00 |
| VINELAND PUBLIC CHARTER SCHOOL | 2016 | 2019 |
$943,785.00 | $100,000.00 |
| VINELAND PUBLIC CHARTER SCHOOL | 2016 | 2020 |
$1,093,313.00 | $100,000.00 |