Department Commends New Jersey American Water’s $800,000 Contribution toward the Salvation Army’s Kroc Center
TRENTON, N.J. – New Jersey Department of Community Affairs (DCA) Commissioner Lori Grifa today announced New Jersey American Water will donate $800,000 toward redevelopment efforts at the Salvation Army’s Kroc Center in the City of Camden through the DCA’s Neighborhood Revitalization Tax Credit Program (NRTC). The program offers business entities a 100 percent tax credit against various New Jersey state taxes for investing in the revitalization of low-and moderate-income neighborhoods in eligible municipalities.
\”Governor Christie and I commend New Jersey American Water for its investment in the future of Camden through the Neighborhood Revitalization Tax Credit Program,\” said Commissioner Grifa. \”A tremendous amount of good can come from this unique program when the corporate community gets involved.\”
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