S 3097 - Amends Requirements for Certain Projects under the Economic Redevelopment and Growth Grant Program - New Jersey Key Vote

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Title: Amends Requirements for Certain Projects under the Economic Redevelopment and Growth Grant Program

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Title: Amends Requirements for Certain Projects under the Economic Redevelopment and Growth Grant Program

Vote Smart's Synopsis:

Vote to pass a bill that amends requirements for certain projects under Economic Redevelopment and Growth Grant program in New Jersey.

Highlights:

  • Specifies that “project costs” may not not  exceed 20 percent of the total project cost for costs not directly related to construction for certain purposes (Sec. 1). 

  • Specifies a developer may amend the application, or assign the application to a municipal redeveloper, for a restricted projects (Sec. 1).

Title: Amends Requirements for Certain Projects under the Economic Redevelopment and Growth Grant Program

Title: Amends Requirements for Certain Projects under the Economic Redevelopment and Growth Grant Program

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