New Jersey Community Capital
New Jersey Community Capital (NJCC) is our partner for the Ellavoz Shared Values Opportunity Fund. NJCC Community Development Financial Institution created in 1988 to help transform at-risk communities through strategic investments of capital and knowledge. Since its inception, NJCC has originated over 945 loans totaling over $489 million. It has financed some 9,700 housing units and some 5.2 million square feet of commercial real estate that, combined, has created over 9,600 jobs in New Jersey. Currently, NJCC’s lending activities have over $500 million in assets under management.
NES Financial provides investor custodial and record keeping financial services for Ellavoz Impact Capital. They specialize in purpose-built FinTech solutions for private equity, 1031 exchanges, and Opportunity Zones. Their technology portal allows investors to track their investment’s financial, tax and impact reporting documents.
In 2009, NJCC acquired Community Asset Preservation Corporation (CAPC) to expand real estate development & neighborhood stabilization capacity. Since its inception, CAPC has acquired and developed over 1,200 housing units with over $200 million in total development costs in 17 different New Jersey communities and 4 different Florida communities.