New Jersey American Water recently announced the distribution of $950,000 in Neighborhood Revitalization Tax Credit funding to two local New Jersey nonprofit organizations: Camden Lutheran Housing Inc. and Stand Up for Salem, which were announced in coordination with the New Jersey Department of Community Affairs.
The grants will be used to fund affordable housing development and maintenance; community outreach initiatives and organizing support; historic preservation; and business development and career trades training.
The money will support 10 projects across these two nonprofit organizations, in collaboration with numerous local partners, as follows:
- $247,000 to Camden Lutheran Housing Inc.: CLHI partners with and supports North Camden residents through various community restoration and improvement initiatives. This grant will help support the community development work outlined in North Camden residents’ neighborhood plan.
- $702,500 to Stand Up for Salem: Stand Up for Salem supports community-driven neighborhood planning and revitalization in the Center of Salem neighborhood of Salem city. This grant will fund a variety of local projects to revitalize Center of Salem and help the neighborhood reach its full potential.
“At our core, we’re dedicated to delivering more than just water services,” Mark McDonough, president, New Jersey American Water, said. “Our mission extends to nurturing the very fabric of the communities we serve through strategic investments in programs, organizations and initiatives that create tangible benefits for residents. We are proud to continue our legacy of giving back and we support the vital community development and revitalization work that Camden Lutheran Housing Inc. and Stand Up for Salem are doing locally.”
“This NRTC grant delivers the support we need to turn residents’ vision for a stronger, more vibrant North Camden into a reality,” Brandi Johnson, executive director, Camden Lutheran Housing Inc., said. “New Jersey American Water’s partnership will help us advance projects that will improve the neighborhood, including expanding affordable housing for residents who currently spend more than 30% of their income on housing and ongoing home maintenance and repairs.”
“We are so grateful that New Jersey American Water shares our vision of a thriving, revitalized Center of Salem,” Betsy McBride, executive director, Stand Up For Salem, said. “This grant supports a range of community programs and projects designed to address existing socioeconomic and housing challenges and create more opportunities for Salem residents through workforce training, a small business incubation program and efforts to preserve and maintain the neighborhood’s housing stock through proactive repairs.”
