Housing and Neighborhood Revitalization
Cooper partners with nonprofit organizations and urban housing developers, including St. Joseph’s Carpenter Society and Camden County Habitat for Humanity, to transform and revitalize the Cooper Plaza and Lanning Square neighborhoods.
Cooper has received $2 million in funding from seven corporate donors, including Campbell Soup Company, Horizon Healthcare New Jersey, NJ Manufacturers Insurance, PNC Bank, PSE&G, RTC Properties and Sun Bank, through the New Jersey Department of Community Affairs Neighborhood Revitalization Tax Credit Program to support housing, stimulate economic development and improve neighborhood conditions in Cooper Plaza.
To support homeownership in Cooper Plaza and Lanning Square, Cooper implemented an Employer Assisted Housing Program to provide Cooper employees down payment and closing cost assistance for the purchase of a home. Cooper holds housing fairs for employees to learn about housing options in the neighborhoods and speak with lenders.
Cooper has worked with various nonprofit partners to complete projects for Cooper Plaza, including:
- Acquisition of vacant homes and residential facade improvements by St. Joseph’s Carpenter Society
- New construction of six affordable homes and rehabilitation of two vacant homes by Camden County Habitat for Humanity
- A “Clean and Safe” maintenance and security program for the neighborhood by the Greater Camden Partnership through the Camden Special Services District
- Expansion of an outdoor childcare play area and new parking lot for clients and employees of the Center for Family Services
- Art Panels in Triangle Park