Greater Newark

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Greater Newark

Summary: Greater Newark LISC (PDF)

As part of Building Sustainable Communities, successful schools and safe environments for our children are key components in rejuvenating struggling communities.

Through our child care initiative, we financed the Vailsburg Child Development Center that offers quality, affordable child care and gives young children a healthy, stimulating start in life. We also provided $1 million to expand classroom and recreation space at North Star Academy, which is part of the Uncommon Schools network of charter schools. This will increase enrollment to more than 2,000 students over the next three years.

But kids need opportunities beyond the classroom as well. With support from the NFL Grassroots program, LISC financed two new community fields last year—Nat Turner Park and Andre Tippett field that will serve the community as well as the local high school and little league football teams. Truly “sustainable communities” are built on the success of our children, and LISC is helping to give them the best possible chance to thrive and grow.

Cumulative Statistics

  • $76,094,820
    in total investments
    (LISC and affiliates)
  • 1,671 affordable homes and apartments
  • 372,402 square feet of retail and community space
  • $312,115,431 leveraged

2009 Statistics

  • $748,618
    in total investments
    (LISC and affiliates)
  • 10 affordable homes and apartments


Private Sector Support

  • Bank of America
  • C-Line Services
  • Capital One
  • Citi Foundation
  • Communications Workers of America Local 1081
  • The Community Preservation Foundation
  • Episcopal Community Development, Inc.
  • Lauren & Andrew Greig
  • Housing and Neighborhood Development Services, Inc.
  • HSBC Bank USA, N.A.
  • Ironbound Community Corporation
  • Jersey City Episcopal Community Development Corporation
  • JPMorgan Chase
  • La Casa de Don Pedro
  • Living Cities
  • Michael Rachlin & Co., LLC
  • New Jersey Performing Arts Center
  • Newark Now
  • NFL Youth Football Fund
  • PNC Foundation
  • The Prudential Foundation
  • Sovereign Bank (acquired by Banco Santander, S.A.)
  • Sylvan/Summer Homes, LLC
  • TD Charitable Foundation
  • Thrift Institutions Community Investment Corporation
  • Tri-City Peoples Corporation
  • Unified Vailsburg Services Organization
  • United Minds, LLC
  • Victoria Foundation
  • The Wachovia Wells Fargo Foundation

Public Sector Support

  • City of Jersey City
  • New Jersey Department of Community Affairs
  • New Jersey Redevelopment Authority
  • U.S. Department of Housing and Urban Development