Greater Newark & Jersey City, NJ

LEADERSHIP

Executive Director:
Gerard Joab

Chair, Local Advisory Committee:
Patrick Kelley
Bank of America
CONTACT INFORMATION
17 Academy Street
Suite 912
Newark, NJ 07102
Telephone: (973) 624-6676
Fax: (973) 624-0990
Website

Established in 1986

Achievements by the Numbers:

(LISC and Affiliates)
  • 1,570 homes and apartments
  • 370,402 square feet of commercial space
  • $58.5 million total investment
  • $311.7 million leveraged

Project Profile:

In 2006, Greater Newark and Jersey City LISC was in the forefront of efforts with the Homes for New Jersey coalition to improve public policies regarding affordable housing. One result is that Governor Corzine proposed a $15 million increase in funding for the State Rental Assistance Program (SCRAP) that provides critical rental subsidy to low-income families. The increases in funding will double the number of families aided by this program. Furthermore, at the request of Mayor Booker, LISC and the Enterprise Foundation worked together to develop recommendations for short and long-term improvements in the development and rehabilitation of affordable housing. Proposals were presented in November 2006. Finally, Gerard Joab, LISC’s senior program director in Newark was named to both Mayor Booker’s Transition Team and to Governor Corzine’s Department of Community Affairs advisory committee.