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Horizon invests nearly $1M in urban communities

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Horizon Blue Cross Blue Shield of New Jersey is making an investment of nearly $1 million in the state’s urban communities, the health insurer announced Thursday.

Horizon BCBSNJ is working with the New Jersey Department of Community Affairs through its Neighborhood Revitalization Tax Credit program, supporting projects in Newark, Jersey City and Camden, it said in a news release. The program is designed to speed the revitalization of distressed communities, with program funds going to neighborhood-based nonprofits.

“Horizon has been New Jersey’s leading health insurance company for more than 80 years, and we are committed to giving back to the communities we serve throughout the state,” Robert A. Marino, chairman and CEO of Horizon BCBSNJ, said in the release. “The NRTC program allows Horizon to invest in projects that will help revitalize three of New Jersey’s major cities.”

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Horizon is investing in these projects:

  • Unified Vailsburg Services, Newark: UVSO Service Campus Phase III, $250,000;
  • Urban League of Essex County: ULEC Fairmount Neighborhood Advancement, $250,000;
  • The Cooper Health System, Camden: Cooper Plaza Housing and Economic Development Phase III, $100,000;
  • Garden State Episcopal, Jersey City: I Love Greenville Phase I, $100,000;
  • The Heart of Camden, Camden, $100,000;
  • St. Joseph’s Carpenter Society, Camden: My East Camden, First Wave, $100,000;
  • WomenRising Inc., Jersey City: Workforce Development/Teen Life Program, $85,000.

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Eric Strauss

Eric Strauss

Eric Strauss is the digital content editor for NJBIZ. He has been a reporter and editor for newspapers in New Jersey and Pennsylvania, as well as for a number of websites. You can contact him at erics@njbiz.com or @acerimrat on Twitter.

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