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Learn How to Direct Your NJ Tax Dollars to Newark Community Projects

Newark NJ

November 18, 2025

The Neighborhood Revitalization Tax Credit (NRTC)

The Statewide Hispanic Chamber of Commerce of New Jersey and our partners are committed to providing information and resources that deliver immediate value for your business and the impact of your community.

One of the most significant opportunities to support Newark’s neighborhoods is the Neighborhood Revitalization Tax Credit (NRTC) program, which will be the focus of an upcoming webinar for current and prospective funders.

No Additional Cost

The NRTC program, administered by the New Jersey Department of Community Affairs, allows qualifying New Jersey businesses to direct 100 percent of their state tax liability toward community development projects in Newark’s neighborhoods without increasing your overall tax payment.

Businesses can choose which approved projects to support, strengthening Newark neighborhoods such as Lincoln Park, Upper Clinton Hill, Fairmount and West-Central Village. The program offers expanded visibility, deeper civic partnerships and a meaningful way to keep your tax dollars working in the communities you care about.

Why This Matters Now

Newark has historically received a lower share of NRTC dollars compared with other parts of the state, despite the strength and readiness of its nonprofit leaders. Increasing participation from funders, especially those connected to SHCCNJ, is essential to closing that gap and expanding local investment.

Why Attend

  • Learn how to redirect your existing state tax payments into Newark communities.
  • Understand funding opportunities and priority projects eligible for NRTC credits.
  • Ask questions directly to experts guiding Newark-based NRTC efforts.
  • Support the economic and community development of New Jersey’s largest city.

 

Upcoming Webinar: Monday, Nov. 24 | 3:30–5 p.m.

As part of a coordinated effort to increase NRTC funding for Newark-based community development organizations, our partners are hosting a second webinar next Monday.

This session will walk funders through the NRTC program, outline available projects and neighborhoods, and offer direct guidance for participating in the 2025–2026 NRTC cycle.

If you are a current or prospective funder, your participation can meaningfully increase the resources available to Newark neighborhoods.

Details:
Date: Monday, November 24, 2025
Time: 3:30pm - 5:00pm
Register for the webinar

 

Additional Resources Provided

The slide deck included here offers a complete overview of how the NRTC program works, the benefits to businesses and a five-year look back at historic contributors. We encourage all eligible businesses to review the materials and attend the webinar next week.

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