New Jersey Pauses Aspire Tax Credits Program for Development Projects
The Aspire program, which has supported residential, commercial, and affordable housing developments across New Jersey, is on hold while state leaders pursue reforms.
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The Aspire program, which has supported residential, commercial, and affordable housing developments across New Jersey, is on hold while state leaders pursue reforms.
The New Jersey Economic Development Authority (NJEDA) has approved a $43 million tax credit award for the Rialto Center for Creativity, a 100-year-old movie theater in Westfield se...
New Jersey Economic Development Authority (NJEDA) Chief Executive Officer Evan Weiss and Battleship New Jersey Museum & Memorial CEO Marshall Spevak announced that the authorit...
NJEDA will pause new Aspire tax credit applications by week's end and relaunch the program this fall with new standards and reforms. The post NJEDA to pause Aspire tax credit appli...
On Aug. 20, the New Jersey Economic Development Authority (NJEDA) Board approved a commitment of up to $5 million to an investment fund managed by Portal Innovations to support New...
The Battleship New Jersey Museum & Memorial will undergo a $24.25M redevelopment, backed by $19.8M in NJEDA tax credits, starting in 2027. The post $24.25M project to transform...
New Jersey American Water and the New Jersey Department of Community Affairs announced that two nonprofits in Camden — Heart of Camden and Parkside Business & Community in Part...
At a July 22 Board meeting of the New Jersey Economic Development Authority, CEO Evan Weiss announced that the NJEDA will temporarily pause applications for the Aspire Program. The...
The New Jersey Economic Development Authority (NJEDA) announced Aug. 5 that the New Jersey Chapter of Golden Seeds has invested more than $10 million in women-owned start-ups since...
NJHMFA sold $40 million in tax credits to fund affordable and workforce housing production, with another $60 million auction set. The post NJHMFA sells $40M in tax credits to fund...
The agency aims to build mixed-income, rail-adjacent projects in Bayonne and Linden on state-owned land as it advances its LAND Plan initiative. The post NJ Transit seeks developer...
Gov. Mikie Sherrill announced the release of two requests for proposals to advance transit-oriented housing developments on state-owned land in Bayonne and Linden. The RFPs, issued...
The eight-story development will consolidate 14 parcels into a new 217,000-square-foot home for the Middlesex County administration.
RWJBarnabas Health and NJEDA will commit a collective up to $10 million to fund life sciences startups at the New Jersey Innovation Hub, situated in the rising HELIX NJ district in...
New Jersey Community Capital, a national community development financial institution, announced the closing of a $3.5 million preferred equity investment in The Luzon and The Van B...
New Jersey businesses can seek NJSTEP grants backed by $847,000 in federal funding to expand exports, sales and jobs. The post NJ small businesses to receive $847K boost for export...
Trenton Forward launches to connect businesses, investors and developers while driving economic development in New Jersey's Capital City. The post Exclusive: Trenton Forward launch...
The record amount under the financing program will go toward energy efficiency projects, including solar, EV charging and more. The post Lionsgate Studios Newark secures record $10...
The Hudson County Board of Commissioners approved a resolution renewing an agreement with the Hudson County Economic Development Corporation (HCEDC), and the Hudson County Improvem...
A landmark Jersey Shore venue shuttered for years is getting a major boost toward reopening.The New Jersey Economic Development Authority Board approved a tax credit award of up to...
The New Jersey Department of Environmental Protection, the Board of Public Utilities and the Economic Development Authority issued a joint statement on Aug. 7, saying they were add...
The New Jersey Department of Transportation will make Major Access Permitting fully digital July 30, streamlining approvals through a new e-permitting system. The post NJDOT to mak...
On Aug. 19, the New Jersey Board of Public Utilities released a proposal for the next phase of the Garden State Energy Storage Program (GSESP). The so-called straw proposal outline...
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