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LISC names Jorge Cruz to expand community investments, drive economic opportunity in Newark

LISC names Jorge Cruz to expand community investments, drive economic opportunity in Newark News provided by Share this article Share this article NEWARK, N.J., May 3, 2021 /PRNewswire/ One of New Jersey s top impact investing strategists is set to take the helm of a leading community development organization, with ambitious plans to expand local investments in affordable housing, economic development, health, education and jobs. Jorge Cruz, a 30-year veteran of community investing who most recently served as chief external affairs officer with New Jersey Community Capital (NJCC), is the new executive director of LISC Greater Newark, the local arm of the Local Initiatives Support Corporation (LISC). LISC is one of the nation s largest community development organizations, with some $24 billion invested nationwide, including more than $151 million in Newark.

Governor Murphy Announces Nominations for Port Authority of New York and New Jersey Board of Commissioners

Press Releases April 15, 2021, 9:59 am | in Governor Murphy Announces Nominations for Port Authority of New York and New Jersey Board of Commissioners TRENTON – Governor Murphy today announced his intent to nominate Michelle Richardson, Dana Martinotti, and Robert Menendez, Jr. to the Board of Commissioners of the Port Authority of New York and New Jersey. The Governor also announced his intent to re-nominate Commissioner Kevin McCabe. “It is my pleasure to nominate this group of experienced and capable professionals to the Board of the Port Authority of New York and New Jersey,”  said Governor Murphy. “I know that Michelle, Dana, and Rob will continue and build upon the great work that Kevin and the other Commissioners have done over the years.”

N J Fund Offers Loans to Black-owned Firms Impacted by COVID-19

Listen • 0:48 Like countless small businesses across the country, N&R Divine Cleaning Service in Hackensack saw its client base dry up when the COVID-19 pandemic struck last year. Offices, schools, and fitness centers were all forced to close for a few months and no longer needed professional cleaners. “It was not a good feeling,” said owner Nadine Brown, who had to use her savings to pay bills and buy groceries. Brown, who was out of work for three or four months, said she applied for loans to support her business but wasn’t successful. Since her one-woman firm has only been in operation for a couple of years, Brown said banks looked at her personal credit score, which was “not that great.”

NJ loan program for Black-owned businesses | NJ Spotlight News

Credit: (AP Photo/Matt Rourke) File photo: April 28, 2020, shuttered businesses along the boardwalk in Atlantic City Like countless small businesses across the country, N&R Divine Cleaning Service in Hackensack saw its client base dry up when the coronavirus pandemic struck last year. Offices, schools, and fitness centers were all forced to close for a few months and no longer needed professional cleaners. “It was not a good feeling,” said owner Nadine Brown, who had to use her savings to pay bills and buy groceries. Brown, who was out of work for three or four months, said she applied for loans to support her business but wasn’t successful. Since her one-woman firm has only been in operation for a couple of years, Brown said banks looked at her personal credit score, which was “not that great.”

N J fund offers loans to Black-owned firms affected by COVID

By A person wearing a protective face mask as a precaution against the coronavirus walks past shuttered businesses on the boardwalk in Atlantic City, N.J., Tuesday, April 28, 2020. (AP Photo/Matt Rourke) Like countless small businesses across the country, N&R Divine Cleaning Service in Hackensack saw its client base dry up when the COVID-19 pandemic struck last year. Offices, schools, and fitness centers were all forced to close for a few months and no longer needed professional cleaners. “It was not a good feeling,” said owner Nadine Brown, who had to use her savings to pay bills and buy groceries.

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