REAL ESTATE GAP FINANCING GRANT PROGRAM

The Real Estate Gap Financing Grant Program is a $10 million pilot program established to provide grants for real estate development projects located in distressed, eligible municipalities that require gap financing and that address the negative economic impacts of the COVID19 pandemic.

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ACTIVATION, REVITALIZATION, AND TRANSFORMATION (A.R.T.) PROGRAM – PHASE II

Phase II of the Activation, Revitalization, and Transformation (A.R.T.) program, is aimed at mitigating the economic impact of the COVID-19 pandemic by supporting the development and recovery of New Jersey’s commercial corridors and invigorating community focused arts and cultural organizations. The program will provide grants to projects located in thirty-one commercial corridor municipalities. Projects must be located within 1.5 miles of an eligible municipality’s passenger rail station.

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New Jersey HISTORIC PROPERTY REINVESTMENT PROGRAM

The Historic Property Reinvestment Program is a $50 million competitive tax credit program to leverage the federal historic tax credit program to support rehabilitation projects of identified historic properties.

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NJ CAPITAL ACCESS FUND

Developed by the NJEDA, the NJ Capital Access Fund provides working capital with fixed interest rates and flexible spending guidelines, so you have the freedom to achieve more and to plan your business’s bright future.

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New Jersey Economic Recovery ACt

Governor Phil Murphy signed the New Jersey Economic Recovery Act of 2020 (ERA) into law on January 7, 2021. The ERA creates a seven-year, $14 billion package of tax incentive, financing, and grant programs that will address the ongoing economic impacts of the COVID-19 pandemic and build a stronger, fairer New Jersey economy. The public is invited to provide feedback on draft program rules.

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New Jersey Rise program

New Jersey Re-assigning In State Employees (NJ RISE) is a new program to incentivize businesses to re-assign New Jersey residents who are working in another state to a New Jersey location. The $35 million NJ RISE Program will provide grants to companies to relocate its New Jersey-resident employees, ensuring a residents’ income taxes stay in New Jersey, which will help increase tax revenue.

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News & Updates

Press Release
October 10th, 2024

Adding to Robust Suite of Clean Energy Programs, NJEDA Board Approves Garden State C-PACE Program

TRENTON, N.J. (October 10, 2024) – Yesterday, the New Jersey Economic Development Authority (NJEDA) Board approved the creation of the Garden State Commercial Property Assessed Clean Energy (C-PACE) Program.
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Press Release
October 9th, 2024

NJEDA Expands NJ Cool Eligibility Requirements

TRENTON, N.J. (October 9, 2024) – The New Jersey Economic Development Authority (NJEDA) Board has expanded eligibility requirements for the NJ Cool Program, which provides grants to building owners and tenants undertaking retrofit construction projects that reduce greenhouse gas emissions from existing buildings.
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Press Release
October 7th, 2024

NJEDA, Kean University & ICIC Partner to Bring National Education Program for Underserved Construction Contractors to New Jersey

TRENTON, N.J. (October 7, 2024) – The New Jersey Economic Development Authority (NJEDA) and Kean University are partnering with the Initiative for a Competitive Inner City (ICIC) to bring Building for Growth (BFG) to the State of New Jersey.
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Press Release
October 2nd, 2024

NJEDA to Host Life Sciences Panel on Alternative Funding Opportunities at New Jersey Bioscience Center

TRENTON, N.J. (October 2, 2024) – The New Jersey Economic Development Authority (NJEDA) will host a panel discussion focused on alternative funding opportunities to help advance New Jersey-based life sciences companies.
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Press Release
October 2nd, 2024

NOTICE OF NJEDA BOARD MEETING – 10/09/2024

The New Jersey Economic Development Authority’s next public Board Meeting will be held in person and via teleconference on Wednesday, October 9, 2024, at 10:00 am.
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Press Release
September 27th, 2024

NJEDA Receives Notice of $50M Award for Federal Grant to Advance Offshore Wind Development in New Jersey

TRENTON, N.J. (September 27, 2024) – In July, the New Jersey Economic Development Authority (NJEDA) received a notice of a $50 million funding award through the United States Department of Energy’s (USDOE) Transmission Siting and Economic Development (TSED) Grant Program.
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Press Release
September 26th, 2024

Applications Open for NJEDA’s A.R.T. Phase II Program

TRENTON, N.J. (September 26, 2023) – The New Jersey Economic Development Authority (NJEDA) is now accepting applications for the Activation, Revitalization, and Transformation (A.R.T.) Phase II Program.
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Press Release
September 25th, 2024

NJEDA to Open Applications for Main Street Acquisition Support Grant

TRENTON, N.J. (September 25, 2024) – The New Jersey Economic Development Authority (NJEDA) today announced that applications will open for the Main Street Acquisition Support Grant on October 1, 2024.
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Press Release
September 24th, 2024

NJEDA Opens Applications for Phase Two of Child Care Facilities Improvement Program

TRENTON, N.J. (September 24, 2024) – Last week, the New Jersey Economic Development Authority (NJEDA) opened applications for Phase II of the Child Care Facilities Improvement Program.
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Press Release
September 23rd, 2024

NJEDA to Extend Submission Deadlines for Apprenticeship Training Centers and Construction Grants RFI

TRENTON, N.J. (September 23, 2024) – The New Jersey Economic Development Authority (NJEDA) is extending the deadline of its Request for Information (RFI) seeking insight from qualified entities that provide registered apprenticeship programs and have perspectives on establishing new registered apprenticeship training locations in Overburdened Communities.
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Press Release
September 19th, 2024

NJEDA Board Approves Aspire Award for Affordable Housing Development in Atlantic County

TRENTON, N.J. (September 19, 2024) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved an Aspire tax credit award for an affordable housing development project in Atlantic County.
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Press Release
September 17th, 2024

NOTICE OF CCRC BOARD MEETING

Please be advised that the next Capital City Redevelopment Corporation Board Meeting will be held in person and via teleconference on Tuesday, September 24, 2024, at 12:00 pm.
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Press Release
September 13th, 2024

NJEDA Board Approves NJ Innovation Evergreen Fund Investment into Princeton-Based Life Sciences Company

TRENTON, N.J. (September 13, 2024) – This week, the New Jersey Economic Development Authority (NJEDA) Board approved the fourth investment from the New Jersey Innovation Evergreen Fund (NJIEF) into an emerging Princeton-based life sciences company, RICOVR Healthcare, which is developing a rapid diagnostic test for cannabis use.
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Press Release
September 13th, 2024

NJEDA Board Awards Tax Credits to Assist Rehabilitation of Historic Schwehm Building in Atlantic City

TRENTON, N.J. (September 13, 2024) – Earlier this week, the New Jersey Economic Development Authority (NJEDA) Board approved a tax credit award of up to $8 million to rehabilitate the underutilized Schwehm Building in downtown Atlantic City under the Historic Property Reinvestment Program (HPRP).
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Press Release
September 12th, 2024

Manufacturing Voucher Program Phase III Approved by NJEDA Board

TRENTON, N.J. (September 12, 2024) – Yesterday, the New Jersey Economic Development Authority (NJEDA) Board approved Phase III of the Manufacturing Voucher Program (MVP), dedicating an additional $10 million to support manufacturers access to new equipment.
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Press Release
September 12th, 2024

NOTICE OF NJ MOTION PICTURE & TELEVISION COMMISSION BOARD MEETING

Please be advised that the next New Jersey Motion Picture and Television Commission Board Meeting will be held in person and via teleconference on Thursday, September 19, 2024, at 10:30 am.

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Press Release
September 5th, 2024

NJEDA Issues RFP for Employee Stock Ownership Program

TRENTON, N.J. (September 5, 2024) – The New Jersey Economic Development Authority (NJEDA) today issued a Request for Proposal (RFP) to solicit firms interested in assisting business owners and employees in developing Employee Stock Ownership Plans (ESOP) through the NJEDA’s ESOP Assistance Program.
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Press Release
September 4th, 2024

NOTICE OF NJEDA BOARD MEETING – 09/11/2024

The New Jersey Economic Development Authority’s next public Board Meeting will be held in person and via teleconference on Wednesday, September 11, 2024, at 10:00 am.
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Press Release
September 3rd, 2024

NJEDA Issues RFI for Apprenticeship Training Centers and Construction Grants

TRENTON, N.J. (September 3, 2024) – The New Jersey Economic Development Authority (NJEDA) today issued a Request for Information (RFI) seeking insight from qualified entities that provide registered apprenticeship programs and have perspectives on establishing new registered apprenticeship training locations in Overburdened Communities.

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Press Release
August 29th, 2024

NOTICE OF NEW JERSEY GREEN BANK BOARD MEETING

Please be advised that a Board Meeting for the New Jersey Green Bank will be held in person and via teleconference on Thursday, September 5, 2024, at 10:30 a.m. 

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Press Release
August 19th, 2024

NJEDA Plans to Launch Program Supporting Liquor License Acquisition for Small Businesses

TRENTON, N.J. (August 19, 2024) – The New Jersey Economic Development Authority (NJEDA) is developing a new grant program that will provide funding to small businesses that have obtained an inactive plenary retail consumption liquor license pursuant to recently enacted liquor license legislation.
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Press Release
August 6th, 2024

NOTICE OF MEETING CANCELLATION – NEW JERSEY GREEN BANK BOARD MEETING

Please be advised that the Board Meeting for the New Jersey Green Bank scheduled for August 8, 2024 is hereby cancelled. 

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Press Release
August 5th, 2024

NJEDA to Open Applications for Green Workforce Training Grant Challenge

TRENTON, N.J. (August xx, 2024) – Applications for the New Jersey Economic Development Authority’s (NJEDA) Green Workforce Training Grant Challenge will open on Thursday, August 8.

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Press Release
August 2nd, 2024

NJEDA Releases Disqualification, Debarment, & Suspension Rules for Public Feedback

TRENTON, N.J. (August 2, 2024) – The New Jersey Economic Development Authority (NJEDA) is seeking public input on amendments to the Authority’s rules on disqualification, debarment, and suspension.
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Press Release
July 29th, 2024

NJEDA to Open Applications for $20M Food Desert Relief Tax Credit Auction

TRENTON, N.J. (July 29, 2024) – The New Jersey Economic Development Authority (NJEDA) will auction up to $20 million in corporate and insurance premiums tax credits through the Food Desert Relief Tax Credit Auction.

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All NEWS & Updates

Upcoming Board Meetings

November
18
12:00 pm
Monday

November 18, 2024

NJEDA Board Meeting

    Past Board Meetings

    October 9, 2024

    NJEDA Board Meeting

    September 11, 2024

    NJEDA Board Meeting

    July 17, 2024

    NJEDA Board Meeting

    June 12, 2024

    NJEDA Board Meeting

    May 28, 2024

    New Jersey Green Bank Board Meeting

    May 8, 2024

    NJEDA Board Meeting

    April 10, 2024

    NJEDA Board Meeting

    March 12, 2024

    NJEDA Board Meeting

      March 7, 2024

      NJEDA Board Meeting

      February 7, 2024

      NJEDA Board Meeting

      All Board Meetings

      EVENTS CALENDAR

      Featured
      12
      2:00 pm
      Free Event
      Tuesday

      November 12, 2024

      Info Session: New Jersey Manufacturing Voucher Program (MVP) Phase 3

      The New Jersey Economic Development Authority (NJEDA) is offering a third round of funding through the New Jersey Manufacturing Voucher Program (MVP) Phase 3. This program provides grant funding for New Jersey manufacturers to purchase new equipment, with the grant …
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      15
      10:00 am
      Free Event
      Tuesday

      October 15, 2024

      INFO SESSION: Real Estate Gap Financing Grant Program Info Session

      Join this information session to learn about the Real Estate Gap Financing Grant Program. This New Jersey Economic Development Authority (NJEDA) program provides grant funding for real estate development projects in distressed municipalities that require gap financing and along with …
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      28
      11:30 am
      Free Event
      Monday

      October 28, 2024

      New Jersey and New York Offshore Wind Supplier Forum

      Join the New Jersey Economic Development Authority (NJEDA) and New York State Energy Research and Development Authority (NYSERDA) at our October 28th Offshore Wind Supplier Forum in Atlantic City. This event will convene the regional offshore wind industry with local …
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      12
      10:00 am
      Free EventRSVP Required
      Tuesday

      November 12, 2024

      Free Online Business Training: Foundation 2 Blade

      Online
      Foundation 2 Blade is the industry’s most comprehensive training program for businesses who are ready to take advantage of the opportunities in the offshore wind industry. Over the course of three sessions, you will gain the tools, resources, and industry …
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      PROPOSALS DUE BY: June 6, 2023 2:00PM(ET)

      2023-RFQ-169 – MATERNAL AND INFANT HEALTH INNOVATION CENTER LEAD ROLES
      PROPOSALS ARE DUE BY: May 22, 2023 2:00PM(ET)

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