NEW JERSEY DEPARTMENT OF COMMUNITY AFFAIRS
NEIGHBORHOOD REVITALIZATION TAX CREDIT PROGRAM
PROJECT PROFILE
Use this form to provide information about your NRTC project (with one or more eligible activities, in accordance with program rules) for which you want to obtain funds from an NRTC contributor. This may be a project for which you have not yet submitted an application to NJDCA; or a project application has been submitted to NJDCA; or a project has an NRTC funding award, yet additional funds are still needed. This information will be posted on the NRTC webpage for public viewing.
Organization Name: New Jersey Community Development Corporation (NJCDC)
Website Address: www.njcdc.org
Contact Person: Michael L. Powell
Phone No.: 973-413-1635 E-mail Address:
Project Name: Alexander Hamilton Community Innovation Center
Location (Municipality and Neighborhood): Paterson, Greater Spruce Street
Total Project Cost: $4,800,000 NRTC Funds Needed: $600,000
If NRTC funds have been awarded/designated for this project, list contributor(s) and amount(s):
NJCDC was awarded $1M through BD ($200K), Thomson Reuters ($200K), Lakeland Bank ($100K), and PSE&G ($500K) prior to attempting LEED Certification
Provide a brief description of the project and its activities:
NJCDC seeks funding to completely renovate the former storage building of the Rogers Locomotive Works into the State of New Jersey’s first LEED ("Leadership in Energy and Environmental Design") certified historic preservation and adaptive reuse project. The end use of the site will be to serve as an innovative conference and training space for community residents and regional businesses as well as an attraction for current and future visitors to the nation’s newest national park: the Great Falls National Historical Park. We estimate that this facility will serve at least 1,000 people per year and will serve as a hub for launching the nation's newest national park.
Check the boxes that best describe the project activities (check all that apply):
Housing Economic Development
Supportive Services Other
What outcomes are anticipated from completing the project and its activities?
Our aim is to transform this site into a meeting center, educational facility, and nationally significant attraction. By creating a landmark conference center and flexible community meeting space at the former Rogers Storage Building, NJCDC will encourage tourism, economic development and make meeting and conference space available to a wide variety of community, business, and civic groups. Our goal is to transform this historically significant building into a valuable community asset—one that takes advantage of, and proactively anticipates, the future renaissance awaiting Paterson.
Date of Posting: 2/11/11
NJDCA reserves the right to edit the content of this form, to make corrections or to update the information. This profile will be posted on the NRTC webpage for a maximum period of 12 months; it will be removed sooner if the requested NRTC funding is determined to be no longer needed. NRTC webpage: http://www.nj.gov/dca/divisions/dhcr/offices/nrtc.html
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