Building renovations and new builds are so exciting, not only for the owners but for the community they will be serving. Recently, many cities throughout New Jersey have been awarded funding to help revitalize their communities, including the city of Trenton.
In April of this year, the New Jersey Department of Community Affairs awarded $11.4 million in funding to 18 community-based nonprofit organizations across the state through the Neighborhood Revitalization Tax Credit (NRTC) Program. The nonprofit organizations will use the funding to implement revitalization plans that address housing and economic development, as well as complementary activities such as social services, recreation activities, and open space improvements. (1)