NEWARK, N.J., May 19, 2015 /PRNewswire/ -- Newark Community Economic Development Corporation (Newark CEDC) is excited to announce the newest leader on their team, Kevin Seawright. The New Jersey entity acts as a catalyst for economic development in the State's largest city by attracting, growing, and retaining businesses in Newark and spurring real estate development throughout the city. With his experience in accounting, operations, and diverse capital management, Kevin Seawright is a natural choice for furthering the mission of the Newark CEDC.
For over 13 years, Seawright has used his financial expertise to better communities on the East Coast. His experience is rooted in financial management for local government agencies. As the Managing Fiscal Officer of Baltimore's Commission on Aging and Retirement, he designed and implemented a new accounting system that saved the agency more than $100,000 in funds. From there he was assigned as the Payroll Director of the Housing Authority of Baltimore City before becoming the Finance Director of the Homeless Services division within the Department of Housing and Community Development. He then became the Chief Financial and Facilities Officer for the Department of Recreation and Parks. His work for the City of Baltimore culminated in his appointment as the Deputy Chief Operating Officer in the education sector, a position he held for six years. Seawright also began working as a strategic partner director for Finance and Human Capital at Tito Contractors in Washington, DC, a position that gave him insight to the world of real estate and small business development.
Now Kevin Seawright is bringing his experience to help the city and economy of Newark. The Newark Community Economic Development Corporation collaborates with the Newark Department of Economic & Housing Development to spur and maintain economic development activities to produce and sustain growth in the community. They also have a focus on augmenting small and minority business capacity in order to produce jobs and create a better life for the citizens of Newark.
Newark CEDC benefits include facade improvement grants, real estate development loan funds for large scale projects, business counseling services for entrepreneurs and small business owners, discount advertising at local movie theaters, and tax credits and exemptions at the State level.
About Newark Community Economic Development Corporation:
Founded in 2007 and reorganized and renamed in 2014, Newark Community Economic Development Corporation (Newark CEDC), formerly known as Brick City Development Corporation (BCDC), is the primary economic development catalyst for Newark. It is organized to retain, attract and grow businesses, enhance small and minority business capacity, and spur real estate development throughout the City's 20 diverse neighborhoods. As a business development company whose sole client is the City of Newark, Newark CEDC collaborates with the Newark Department of Economic & Housing Development to initiate and execute economic development activities to produce and sustain economic growth, generate jobs and create wealth for the citizens of Newark.
About Kevin Seawright:
Kevin Seawright is an accounting and project management professional based in Newark, New Jersey. Before relocating to New Jersey, Seawright worked in the fields of local government, education, and real estate development in Baltimore, MD and Washington, DC. Involved in his community, Kevin Seawright acted as an advisory board member for the Babe Ruth Museum and a coach for local youth sports teams. He has been a member of the American Society for Public Administration, the National Forum for Black Public Administrators, and the National Association of Black Accountants. You can find Kevin Seawright on LinkedIn, Tumblr, and Twitter.
SOURCE Newark Community Economic Development Corporation