New Jersey Redevelopment Authority's Training Institute Announces Workshop on Financing Redevelopment Projects on February 27

• Posted on: 02/15/2024

TRENTON, NJ – The New Jersey Redevelopment Authority's (NJRA) Training Institute recently announced its upcoming workshop, "Project Finance: Beginner to Intermediate," designed to provide participants with valuable insights into real estate finance and development. The workshop will take place on Tuesday, February 27^th from 10:00 am to 2:00 pm at Thomas Edison State University in Trenton.

“We are excited to bring back the ‘Project Finance’ workshop as part of the Training Institute's ongoing commitment to providing invaluable training opportunities,” said Leslie A. Anderson President and CEO of the NJRA. “This workshop will empower participants with the knowledge and tools they need to excel in real estate finance, ultimately contributing to the growth and revitalization of our communities."

Attendees will have the opportunity to learn basic finance concepts and terminology, including Net Operating Income (NOI), Net Present Value (NPV), and debt coverage ratio (DCR). The workshop will also cover the construction of development budgets and operating proformas, as well as a brief review of valuation and financing tools and products.

The course will be led by Kevin McQueen, Director of Lending at Leviticus Fund - a community development financial institution that invests in equitable economy initiatives in New York, New Jersey, and Connecticut. McQueen is a financier, strategist, and educator in the fields of community development finance and impact investing. He is also a partner in the consulting firm BWB Solutions, LLC, which helps strengthen organizations committed to social impact.

The New Jersey Redevelopment Authority's Training Institute (TI) has been at the forefront of providing intensive workshops in various aspects of community development since its inception in 2006. Over the years, TI has trained over 2,000 attorneys, planners, elected officials, developers, and non-profit organizations from nine states across the country. The Training Institute has gained national recognition for its dedication to enhancing knowledge and expertise in redevelopment and real estate development processes.

For more information about the "Project Finance: Beginner to Intermediate" workshop and to register, visit https://cvent.me/ZNdYVE?locale=en. The cost to attend the course is $50.

For more information on this workshop and others organized by the New Jersey Redevelopment Authority’s Training Institute, visit www.njra.us. 

NJRA is a comprehensive resource center that focuses on improving the quality of life by creating value in New Jersey's urban communities. The Authority invests financial and technical resources into redevelopment projects and plans that will create a positive impact in eligible communities and ensures projects are urban-focused, neighborhood-based, and investment-driven. Visit the NJRA online at www.njra.us or follow them on social media @njra_nj on Instagram, @NJRedevelopmentAuthority on Facebook and LinkedIn. 

For more information about DCA, visit https://nj.gov/dca/ or follow the Department on social media: