Jeffrey Crum is the Chief Investment Officer (CIO) for New Jersey Community Capital (NJCC); New Jersey’s largest Community Development Financial Institution (CDFI). NJCC is non-profit organization with nearly $900 million of capital under management and focuses on neighborhood revitalization and affordable housing creation.
As CIO, Mr. Crum oversees all NJCC’s real estate operations, which includes real estate development, asset management, construction management, property management, real estate brokerage services. The real estate group’s primary mission involves the acquisition and rehabilitation of abandoned and foreclosed properties to stabilize communities and create quality affordable housing options. The non-profit company also acts as an equity investor and development partner on larger multi-family and commercial projects that create catalytic change in neighborhoods seeking holistic revitalization. Since Mr. Crum joined NJCC in 2011, the organization has completed and sold or leased over 1,000 housing; primarily single-family assets.. This real estate activity totals more than $250 million of investment in primarily low- and moderate-income communities throughout New Jersey, Florida, and New York.
Prior to joining CAPC, Mr. Crum worked as Vice President of Real Estate for Build with Purpose, Inc., a non-profit community facilities builder that developed numerous charter school spaces and supportive housing projects. He also spent three years as the Director of Real Estate for New Jersey Community Development Corporation building multifamily supportive housing and community facilities in Paterson, NJ. In aggregate, Mr. Crum has developed nearly $300 million in community real estate projects that have served thousands low-income individuals and families.
Mr. Crum received a BA in Social Work from Catholic University of America and a Master’s Degree in Public Policy from the Edward J. Bloustein School of Public Policy and Urban Planning at Rutgers University. He is a chair of the City of New Brunswick Planning Board and serves on the Board of Directors for the Elizabeth Coalition to House the Homeless. Mr. Crum was recently selected by NJ Biz as a “Forty Under 40” awardee for his accomplishments in the field of real estate.