A project that would bring more than 200 new apartments to downtown Newark is moving ahead with expanded support from the state, securing approvals for up to $74 million in Aspire tax credits from the Economic Development Authority.
Government & Public Policy
From zoning disputes to the federal tax code, public policy affects the commercial real estate sector far more than you may realize. For industry leaders, government and politics demand constant attention.
Advocacy groups: Funding NJ Transit is critical to state’s economic, environmental future
As the state wrestles over a solution to address NJ Transit’s fiscal cliff, we must not lose sight of the importance of funding public transportation. For years, NJ Transit has made New Jersey a more equitable, environmentally friendly and economically competitive place to live. Our leaders must include a dedicated funding source for NJ Transit operations in the FY 2025 budget. Supporting NJ Transit ensures that hundreds of thousands of transit-dependent riders access jobs, schools and health care, which supports employers and the regional economy.
The affordable housing debate: Gubernatorial candidates weigh policy challenges, solutions at New Jersey Planning and Redevelopment Conference
The debate over how to expand affordable housing in New Jersey is far from over, even after the passage of a law to devise the next round of obligations for hundreds of towns and cities. That was clear last week during a roundtable discussion involving four candidates hoping to be the state’s next governor, who were on hand for the annual New Jersey Planning and Redevelopment Conference in New Brunswick.
