On December 19, 2024, the New Jersey legislature passed legislation amending multiple sections of statute governing the New Jersey Aspire Program, most importantly as it relates to the state purchase of unused tax credits....more
1/10/2025
/ Affordable Housing ,
Financing ,
Investment ,
Investors ,
Lenders ,
Municipalities ,
New Jersey Economic Recovery Act of 2020 (ERA) ,
New Legislation ,
Real Estate Development ,
State and Local Government ,
State Taxes ,
Tax Credits ,
Tax Incentives
As required by legislation adopted earlier this year, which formally abolished the Council on Affordable Housing (COAH), the New Jersey Department of Community Affairs (DCA) has released its highly anticipated calculations of...more