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Parker McCay Blog
Posts from April 2019.
April 16, 2019
NJEDA Expands Brownfields Loan Program to Incentivize Projects Targeting Under-served Communities

On April 9, 2019, the New Jersey Economic Development Authority (NJEDA) authorized the creation of a revised Brownfields Loan Program (the "Program") to provide low-interest financing to borrowers in an effort to facilitate remediation of vacant or underdeveloped brownfields sites and return such sites to full and productive use, particularly in the under-served communities within the State. The Program is an expansion of the NJEDA's existing Brownfields Loan Program. 

By George M. Morris on April 8, 2019
Accessing State Funding Programs through Municipal Improvement Districts

Local businesses within a commercial corridor looking to revitalize the economic, physical, and social value of its business should encourage their respective municipality to form Improvement Districts (“ID”).

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