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Children’s Home Society of NJ

Children’s Home Society of NJ

Type

Education & Commercial/Office

Location

Trenton, NJ and Hamilton, NJ

Est. Project Cost

$13.7 million

Size

65,500 SF

Public Financing

New Market Tax Credit

Sponsor

Children's Home Society of NJ

Private Financing

Debt

Early Childhood Learning Center & Nonprofit HQ

Children’s Home Society of NJ undertook a $9.9 million redevelopment to expand its early childhood education and family support services. The 65,500 square foot facility includes a new Early Head Start Center and administrative offices. Monge Capital structured NMTC financing to ensure long-term sustainability and reach for this mission-driven organization.

Estimated Economic and Social Impact

Retention of 78 jobs and creation of 37 permanent jobs. Reduces long term operating costs for organization and expands service level to over 530 infants, toddlers, preschoolers, and expecting mothers.

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