NJCC Closes a Historic NMTC Allocation to The Hip Hop Museum in the Bronx

New Jersey Community Capital (NJCC), a leading national community development financial institution, today announced it closed an $8.5 million New Market Tax Credit (NMTC) loan to The Hip Hop Museum (THHM) in New York City’s the Bronx. As the first global museum dedicated to documenting, educating, preserving and celebrating Hip Hop history and culture and the anchor of the new mixed-use development Bronx Point, THHM is poised to attract millions of visitors in coming years and be a catalyst for