NEW BRUNSWICK, N.J., Aug. 13, 2025 -- New Jersey Community Capital (NJCC) has made an $8.6 million preferred equity investment in the Cove Point phase of the Bayfront Redevelopment Project. The project will transform 100 acres of previously environmentally contaminated waterfront in Jersey City, NJ, into the region's largest mixed-use community, creating jobs during and after construction and providing equal housing opportunities. The development is a public-private partnership which includes the City of Jersey City, Bayfront Development Partners, and BRP Companies.
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