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
What You Need to Know-
•The New Jersey Aspire Program has been amended to incentivize developers seeking to close project financing gap costs associated with commercial, mixed use, and residential real estate development...more
7/11/2023
/ Affordable Housing ,
Economic Development ,
Governor Murphy ,
LIHTC ,
Low Income Housing ,
New Jersey ,
New Jersey Economic Recovery Act of 2020 (ERA) ,
Real Estate Development ,
Redevelopment ,
State and Local Government ,
Tax Credits
The New Jersey Economic Recovery Act of 2020 (ERA), a seven-year, $14 billion package of incentive programs intended to encourage New Jersey job growth, property development and redevelopment, community partnerships, and...more
The New Jersey Economic Recovery Act of 2020 (ERA), a seven-year, $14 billion package of incentive programs intended to encourage New Jersey job growth, property development and redevelopment, community partnerships, and...more
The New Jersey Economic Recovery Act of 2020, a seven-year, $14 billion package of incentive programs intended to encourage New Jersey job growth, property development and redevelopment, community partnerships, and numerous...more
3/5/2021
/ Affordable Housing ,
Business Development ,
Capital Investments ,
Community Development ,
Economic Development ,
Economic Growth ,
Governor Murphy ,
Green Buildings ,
Jurisdiction ,
New Jersey Economic Recovery Act of 2020 (ERA) ,
Public Housing ,
Public Projects ,
Tax Credits