New Jersey Community Capital Awards THRIVE Grant to Baysave Corporation for Blue Claw Crab Industry Recovery Project
“This first community financing success brings us 1/6 of the way toward keeping the Money Island working waterfront marina community viable but only about 1% of the way to long term sustainable total community redevelopment. So the plan is to use this grant to build momentum. We have a series of meetings coming up with investors about additional funding. In the end, I suspect that a crowdfunding will also be required to transform our community to thrive in the years ahead”. – Tony Novak
New Brunswick, NJ (October 25, 2018) – New Jersey Community Capital (“NJCC”) announced through its THRIVE South Jersey initiative, it has awarded a $15,000 grant to Baysave Corporation to support the Baysave Crab Industry Recovery Project. This investment will fund capital improvements and technical assistance to enhance the existing infrastructure in Money Island, New Jersey and reestablish the blue claw crab industry for independent commercial crabbers in the community.
As a bay shore community along the coast of New Jersey, Money Island boasts a robust blue claw crab industry. While the town has suffered economically from the effects of Hurricane Sandy and other climate‐related challenges, oyster and blue claw crab fishing remain an in‐demand trade. The $15,000 grant will provide the needed funding to seed the development and operation of an independent crab cooperative.
“New Jersey Community Capital plays a vital role in helping businesses gain invaluable resources to start, grow, and succeed,” says Tony Novak, Executive Director of Baysave Corporation. “This grant further enhances Baysave Corporation’s ability to support small business practices in the blue claw crab industry while growing greater economic resiliency in our community.”
“We believe that providing access to capital is essential for driving economic growth and opportunity for local residents,” says Wayne T. Meyer, President of New Jersey Community Capital. “As mission‐driven lenders, our goal is to help ensure that communities are given the resources and technical assistance to empower and fuel small business success. Through the THRIVE SJ initiative, NJCC will be able to support the projects and activities that supplement job creation and drive long‐term economic impact.”
THRIVE South Jersey works to expand local and regional capacity to generate economic growth in the targeted region of Southern New Jersey that includes Cumberland, Gloucester, Salem, and western Atlantic counties. Through a combination of strategic funding and capacity building, THRIVE South Jersey seeks to support organizations fostering community revitalization activities that generate jobs and sustain low‐income families in the four county region.
About New Jersey Community Capital
New Jersey Community Capital is a nonprofit community development financial institution (CDFI) that creates thriving communities through strategic investments and technical assistance. NJCC supports the preservation and development of affordable housing and sustainable community development ventures that increase jobs, improve education, and strengthen neighborhoods. For more information, visit: www.newjerseycommunitycapital.org.
A check presentation ceremony and photograph session are planned for Tuesday October 30 at 11:00. Please RSVP if interested in attending.
11/6/2016 – For the past eight years we have been working through the nonprofit BaySave Corporation on necessary legislative and policy reforms to New Jersey’s outdated land use and aquaculture regulations with very little governmental result. During that same time we’ve watched Virginia, Maryland and now Delaware soar past us in this blossoming industry that is crucial to a sustainable future here on the Delaware Bay.
In 2010 New Jersey oyster-focused nonprofits became the target of a NJDEP cease and desist order for oyster restoration research and then in 2015 and continuing into this year became the target of local township’s prosecution on Certificate of Occupancy law for our use of a bankrupt marina property as a nonprofit aquaculture co-op operation in Money Island while we are waiting for necessary government permits. This is surprising based on the strong degree of support expressed by state and federal elected officers and their staff. There is no debate about how powerful aquaculture could be in restoring our local economy. The $20 million annual seafood crop coming from Money Island could increase by tenfold with appropriate government cooperation.
At the pace we are moving, I won’t live long enough to see Money Island established as the hub of aquaculture development here in the state. Yesterday I received this email from the well-respected government relations specialist and political lobbyist for the New Jersey Society of Certified Public Accountants:
“Tony, it sounds to me like you are doing almost everything humanly possible to move this issue forward. Very often, stupid regulations are simply never removed, despite the need for it. All I can suggest is that you stay in touch with Van Drew and that you forward your concerns about these regulations to the NJ Red Tape Review Commission. One other thing you might try is to get more people to write to the Governor on this issue. There is strength in numbers and ultimately all rules are repealed or initiated with the input of the Governor”.
I am already working with State Senator Van Drew, the Governor’s office and the Red Tape Commission (through a peer CPA who is a member of the commission) but have not tried to organize any mass public appeal directly to the governor’s office. Perhaps that is something I need to learn next.
The Delaware River Basin Commission collects water samples periodically and publishes data about bacteria levels in the Delaware Bay. Four of the collection points are south of our location at Money Island NJ and are therefore could be affected by discharge from the bayshore communities in this local region. The primary factor of concern, especially in summer, is the level of e. coli bacteria, also known as fecal coliform. The data published on the State of New Jersey’s web site indicated that levels of fecal coliform have been minimal or not detected at all collection points in the Delaware bay south of us at Money Island.
This data is especially important because an improperly designed water quality test conducted in the summer of 2014 was misconstrued to imply that broken septic systems were contributing to fecal coliform levels in the Nantuxent Cove and in the bay around Money Island. Some environmentalists in the American Littoral Society and the Cumberland County Department of Health apparently misinterpreted last year’s report to mean that higher levels of reported bacteria were coming from human source discharge. The test has since been discredited and its authors have disclaimed some of the methodology. All other tests prior to and after this have indicated a healthy level of fecal coliform in our waters. The last comprehensive report on our water quality was published in 2012. (Since the date of this original post, a 2016 report was published. This report , page 43, confirms positive findings for the Delaware Bay region’s fecal coliform tests).
In general, the mid and lower bay region has lower levels of bacteria than water bodies further north.
The test result data is summarized in this table. For complete information, see the test results for each individual month.
Fecal Coliform Summary Data
A fecal coliform level of 200 is considered to be the maximum safe standard for this test.