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.