Community Loan Fund Of New Jersey Inc.

New Brunswick, NJ

UEI
VD2AQ5ATXR84
CAGE
4LEV8
Primary NAICS
522299 International, Secondary Market, and All Other Nondepository Credit Intermediation
SAM.gov registration
Active through

Company facts

Self-certified in SAM.gov
  • Non-Profit Organization
  • Community Development Corporation
Entity structure
Corporate Entity (Tax Exempt)
Corporate family
SAM.gov registration date
Physical address
100 Albany St Suite 250, New Brunswick, NJ 08901, USA
Founded
1987
Employees
51-250
Estimated annual revenue
$10M-$50M
Industry
  1. Financials
  2. Diversified Financial Services
  3. Financial Services
SIC code
61 Nondepository Institutions

Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .

Grant awards

Award Agency Obligated Awarded
To promote economic revitalization and community development through investment in and financial assistance to… 241FA064736G Community Development Financial Institutions Fund $800,000
To provide grants to community development financial institutions (CDFIS) for the following purposes 1) to expand… 22ERP061418G Community Development Financial Institutions Fund $4,957,678
Economic development initiative, community project funding, and miscellaneous grants B22CPNJ0610 Assistant Secretary for Community Planning and Development $800,000
To attract financing for and increase investment in affordable housing for primarily low income, very low income, and… 211CM058914G Community Development Financial Institutions Fund $4,935,000
Cdfi rapid response program award 21RRP057219G Community Development Financial Institutions Fund $1,826,265

Latest 5 listed here. See the rest on GovTribe.

Grant subawards

Prime recipient Prime award Amount Awarded
Not on record DRM subaward on 12/18/2015 of $407,026 to Community Loan Fund of New Jersey, Inc. under the Neighborhood Enhancement Program, for the Linden City project, to… B-13-DS-34-0001 $466,295
Not on record Community Loan Fund of New Jersey, Inc. initial award amount was $ 725,000 effective 12/18/2015. Subsequently the award was reduced to $ 413,303 effective… B-13-DS-34-0001 $509,768

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About the company

Written by GovTribe AI ·

Community Loan Fund Of New Jersey Inc. is a non-profit organization and certified Community Development Financial Institution (CDFI) headquartered in New Brunswick, New Jersey. Registered in SAM.gov since 2006, the organization focuses on providing innovative financing solutions to support housing and sustainable community development projects in low- and moderate-income communities. As a corporate entity with tax-exempt status, Community Loan Fund Of New Jersey Inc. specializes in delivering financial services and investments that promote economic revitalization, particularly for minority and underserved borrowers.

The organization has received multiple federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions Fund, totaling over $17.4 million across various programs. These grants include the CDFI Program, Equitable Recovery Program, Capital Magnet Fund, and Rapid Response Program, all designed to expand lending, grant-making, and investment activities in economically vulnerable communities. Specific grant-funded activities include acquiring and rehabilitating affordable housing, providing loans and investments to support community development initiatives, and building organizational capacity to respond to COVID-19 impacts. The Community Loan Fund Of New Jersey Inc. has also received a sub-award from the New Jersey Department of Community Affairs for acquiring and rehabilitating single-family homes in Linden, New Jersey. Through these federal grant awards, the organization aims to increase private sector involvement in community development, create jobs, and foster economic self-determination in underserved communities.

Quick answers

Is Community Loan Fund Of New Jersey Inc. registered in SAM.gov?

Yes. Community Loan Fund Of New Jersey Inc.'s SAM.gov registration is active through January 23, 2027.

What is Community Loan Fund Of New Jersey Inc.'s CAGE code?

Community Loan Fund Of New Jersey Inc.'s CAGE code is 4LEV8, and its Unique Entity ID (UEI) is VD2AQ5ATXR84.

What is Community Loan Fund Of New Jersey Inc.'s most recent federal award?

Community Loan Fund Of New Jersey Inc.'s most recent federal grant award is To promote economic revitalization and community development through investment in and financial assistance to… (241FA064736G), from Community Development Financial Institutions Fund, on September 26, 2024.

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See Community Loan Fund Of New Jersey Inc.'s full federal record

  • Federal grant awards
  • Funding analysis by agency, NAICS and set-aside
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