Sustainable Employment and Economic Development (SEED) Loan Program: The SEED Loan Program is a predevelopment loan pool designed to provide non-profit, community-based organizations wishing to engage in job-generating or neighborhood revitalization activities with flexible financing to cover many of the project-specific predevelopment costs associated with community economic development projects. 

The SEED Loan Program is administered by the by the Housing and Community Development Network of New Jersey in partnership with the New Jersey Community Loan Fund. It is capitalized with funding from First Union Bank, the New Jersey Community Loan Fund,  Sovereign Bank and Fleet Bank.