New Jersey American Water recently announced the distribution of $950,000 in Neighborhood Revitalization Tax Credit funding to three Camden-based nonprofit organizations: Parkside Business and Community in Partnership, Heart of Camden, and St. Joseph’s Carpenter Society.
The grants, announced in conjunction with the Department of Community Affairs, will be used to fund several community and economic development initiatives; housing and homeownership programs; and varying environmental, quality of life, and youth social services.
NJAM President Mark McDonough said the grants match the company’s mission.
“Our community commitment goes beyond the services we provide — it means investing in the programs, institutions, and opportunities that enable tangible benefits for residents of the communities we serve,” he said. “We’re proud to support these Camden-based community organizations that are so central to economic growth and revitalization. The state’s NRTC program continues to be a critical asset in delivering lasting, real change.”
The funding, which will support 29 projects, includes:
PBCIP ($565,000): PBCIP leverages civic infrastructure and local partnerships in Camden’s Parkside neighborhood that address areas of inequity, promote greater access to health and well-being, and build community by engaging in two-way dialogue and advancing quality of life initiatives. Proposed NRTC 2023 projects include small business training, new homes for sale, vacant storefront art activation, and an urban farming initiative.
Heart of Camden ($335,000): Founded in 1984, Heart of Camden leverages neighborhood assets to advance community improvement and green space initiatives in Camden’s Waterfront South district. Proposed NRTC 2023 projects include an owner-occupied home repair program, installation of mixed-use retail and art studios, and the formation of an environmental justice task force.
St. Joseph’s Carpenter Society ($50,000): The Carpenter Society focuses on home building and repair as well as efforts to increase homeowner retention and prevent foreclosures throughout East Camden. Proposed NRTC 2023 projects include capital improvement projects, home weatherizing, and an East Camden Multi-Cultural Day.
Since 2010, New Jersey American Water has provided approximately $11 million in grants to community initiatives in its service areas across the state through the Neighborhood Revitalization Tax Credit program. Approximately $9.9 million of that total has been awarded to Camden initiatives.
Camden Mayor Victor Carstarphen said the grants have impact.
“American Water continues to live up to its commitment to our city as a true member of our community,” he said. “They understand the importance of business, community and government all working together to continue the positive transformation that is happening here in Camden.
“And these three community organizations are representative of the strength, determination and vision of our citizens to create a better life for their families and their communities, and they are so deserving of this financial support to continue their missions.”