The NJ American Water Neighborhood Revitalization Tax Credit is a $985,000 grant which was introduced in July 2018. It is part of $4.8 million that New Jersey American Water has invested in Camden. Its purpose will be to allow current residents to remain in the city by providing them with $5,000 grants to make necessary home repairs. Some of the funding will also go towards Camden SMART (Stormwater Management and Resource Training). Funding will also go towards the Cramer Hill NOW Initiative, which focuses on improving infrastructure and parks.