DCA ANNOUNCES MICRO-BUSINESS CREDIT INITIATIVE FOR N.J. WOMEN VETERANS

Program Allows Women Veterans to Receive Business Training & Low Interest Loans

TRENTON, N.J. – Governor Jon S. Corzine today lauded the announcement by Department of Community Affairs Commissioner (DCA) Acting Commissioner Charles A. Richman of DCA’s new collaborative initiative with the Department of Military and Veterans Affairs’ (DMAVA) New Jersey Commission on the Status of Women Veterans that will provide assistance to New Jersey’s women veterans. The partnership will afford women veterans the opportunity to receive business training and apply for a loan of up to $5,000 to become an entrepreneur through DCA’s New Jersey Women’s Micro-Business Credit Program at an amended interest rate of a half of a percent versus the current three percent rate.