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 $20 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
February 11th, 2025

NOTICE OF MEETING CANCELLATION – NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY BOARD MEETING

Please be advised that the Board Meeting for the New Jersey Economic Development Authority scheduled for February 12, 2025, is hereby cancelled.

Press Release
February 11th, 2025

NOTICE OF CCRC ANNUAL BOARD MEETING

Please be advised that the next Capital City Redevelopment Corporation Board Meeting will be held in person and via teleconference on Tuesday, February 18, 2025, at 11:00 am.
Press Release
February 11th, 2025

NJEDA to Open Applications for Manufacturing Voucher Program Phase III

TRENTON, N.J. (February 11, 2025) – The New Jersey Economic Development Authority (NJEDA) will open applications for the Manufacturing Voucher Program (MVP) Phase III on Wednesday, February 19, 2025 at 10:00 a.m.
Press Release
February 5th, 2025

Governor Murphy and Princeton University President Eisgruber Announce Microsoft and CoreWeave as Founding Partners in NJ AI Hub

TRENTON, N.J. (January 27, 2025) – Governor Phil Murphy and Princeton University President Christopher L. Eisgruber today announced that Microsoft and CoreWeave will join the State and Princeton as founding partners in the NJ AI Hub.
Press Release
February 5th, 2025

NJEDA to Open Applications for Atlantic City Revitalization Grant Program Phase II

TRENTON, N.J. (February 5, 2025) – The New Jersey Economic Development Authority (NJEDA) will open applications for Phase II of the Atlantic City Revitalization Grant Program on Friday, February 7, 2025 at 10:00 a.m.
Press Release
February 5th, 2025

NOTICE OF NJEDA BOARD MEETING – 2/12/2025

The New Jersey Economic Development Authority’s next public Board Meeting will be held in person and via teleconference on Wednesday, February 12, 2025, at 10:00 am.
Press Release
February 4th, 2025

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 Tuesday, February 11, 2025, at 3:00 p.m.

Press Release
February 3rd, 2025

Notice of Public Hearing (TEFRA)

The New Jersey Economic Development Authority (the “Authority”) will hold a public hearing on February 12, 2025 at 10:00 a.m. at its offices at 36 West State Street, Trenton, New Jersey 08608 and via teleconference at 1-888-790-3708 (Conference ID: 7825427).

Press Release
February 3rd, 2025

NJEDA CEO Tim Sullivan Statement on the New Jersey Wind Port

Press Release
February 3rd, 2025

In 2024, NJEDA Invested $32 Million in More Than 1,200 Small Businesses Through the Main Street Recovery Program

Press Release
January 24th, 2025

Jersey City Mixed-Use Development Approved for Aspire Tax Credits by NJEDA Board

TRENTON, N.J. (January 24, 2025) – During its January meeting, the New Jersey Economic Development Authority (NJEDA) Board approved Aspire tax credit awards for a mixed-use development project in Hudson County.
Press Release
January 24th, 2025

NJEDA Board Approves New Program to Expand Cultural Arts Facilities Across NJ

TRENTON, N.J. (January 24, 2025) – Yesterday, the New Jersey Economic Development Authority (NJEDA) Board approved the Cultural and Arts Facilities Expansion (CAFE) Program, which will help bolster New Jersey’s arts sector by supporting the development and rehabilitation of cultural arts facilities, such as performing arts centers and museums.
Press Release
January 21st, 2025

New Jersey Counters New York Congestion Pricing with Campaign to Encourage Relocation of New Jerseyans Commuting to NYC to New Jersey

TRENTON, N.J. (January 21, 2025) – The New Jersey Economic Development Authority (NJEDA) has launched a marketing campaign to promote incentives designed to encourage New York-based companies with New Jersey employees to open New Jersey offices or allow those employees to work from home.
Press Release
January 17th, 2025

NJEDA, Kean University, and ICIC Host Kickoff Event for First Building for Growth Program Cohort in New Jersey

UNION, N.J. (January 17, 2025) – The New Jersey Economic Development Authority (NJEDA), Kean University, and the Initiative for a Competitive Inner City (ICIC) launched the first Building for Growth (BFG) program cohort in New Jersey this week.
Press Release
January 17th, 2025

NOTICE OF CSIT BOARD MEETING – 1/24/2025

A meeting of the Commission of Science, Innovation and Technology (CSIT) Board has been scheduled for Friday, January 24, 2025, at 10:00 am.
Press Release
January 16th, 2025

NJEDA Board Approves $30 Million Program to Strengthen Food Security and Access in NJ Food Desert Communities

TRENTON, N.J. (January 16, 2025) – Last month, the New Jersey Economic Development Authority (NJEDA) Board approved the creation of the Food Equity and Economic Development in New Jersey (FEED NJ) Pilot Program, a $30 million competitive grant program that will support food security projects in New Jersey’s Food Desert Communities (FDCs).
Press Release
January 16th, 2025

NOTICE OF SPECIAL NJEDA BOARD MEETING

A Special Telephonic meeting of the New Jersey Economic Development Authority is scheduled for Thursday, January 23, 2025, at 10:00 AM.

Press Release
January 10th, 2025

NJEDA Board Approves $8.6M to Launch Aerospace Innovation Center in Atlantic County

TRENTON, N.J. (January 10, 2025) – Last month, the New Jersey Economic Development Authority (NJEDA) Board approved an $8.6 million investment to support the development and construction of the Aerospace Innovation Center (AIC), a Strategic Innovation Center (SIC) located in Atlantic County that will focus on the aerospace industry.
Press Release
January 9th, 2025

NOTICE OF NJ MOTION PICTURE & TELEVISION COMMISSION SPECIAL BOARD MEETING

Please be advised that a Special Board Meeting of the New Jersey Motion Picture and Television Commission will be held via teleconference only on Thursday, January 16, 2025, at 11:00 am.
Press Release
January 7th, 2025

NJEDA’s Latest Aspire Approvals for Residential Developments in Camden and Mercer Counties Bring Total Created Housing Units to 2,078 in 2024

TRENTON, N.J. (January 7, 2025) – At its December meeting, the New Jersey Economic Development Authority (NJEDA) Board approved Aspire tax credit awards for two residential development projects in Camden and Trenton, marking the culmination of another productive year for the Aspire program.
Press Release
January 3rd, 2025

CSIT Awards Grant Funding to Seven Innovative Startups Aiming to Strengthen NJ’s Food Security Efforts

TRENTON, N.J. (January 3, 2025) – The New Jersey Commission on Science, Innovation and Technology (CSIT) awarded over $500,000 in funding to seven New Jersey startups under the Food and Agriculture Research & Development Pilot Seed Grant Program.

Press Release
January 3rd, 2025

NJEDA Board Approves $4.2M Revitalization Grant to Support Showboat Expansion in Atlantic City

TRENTON, N.J. (January 3, 2025) – Last month, the New Jersey Economic Development Authority (NJEDA) Board approved a $4.2 million Atlantic City Revitalization Grant Program award to support the expansion of the Showboat Family Entertainment Center.
Press Release
January 3rd, 2025

CSIT Awards over $2.7M to Support Clean Energy Startups with Demonstration Projects

TRENTON, N.J. (January 3, 2025) – The New Jersey Commission on Science, Innovation and Technology (CSIT) awarded over $2.7 million in grant funding to 11 New Jersey startups under Round Two of the Pilot Clean Tech Demonstration Grant Program.

Press Release
January 2nd, 2025

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, January 9, 2025, at 1:00 p.m.

All NEWS & Updates

Upcoming Board Meetings

March
12
10:00 am
Wednesday

March 12, 2025

NJEDA Board Meeting

NJEDA Board Room, 36 West State Street, Trenton, NJ Teleconference: 1-888-790-3708 Conference ID: 7825427

Past Board Meetings

February 12, 2025

NJEDA Board Meeting

February 11, 2025

New Jersey Green Bank Board Meeting

January 23, 2025

Special Telephonic NJEDA Board Meeting

January 9, 2025

New Jersey Green Bank Board Meeting

December 19, 2024

NJEDA Board Meeting

December 12, 2024

New Jersey Green Bank Board Meeting

November 18, 2024

NJEDA Board Meeting

October 9, 2024

NJEDA Board Meeting

September 11, 2024

NJEDA Board Meeting

September 5, 2024

New Jersey Green Bank Board Meeting

All Board Meetings

EVENTS CALENDAR

Featured
18
2:00 pm
Free Event
Tuesday

February 18, 2025

Info Session: NJEDA Film Tax Credit Certifications for CPA Firms

Training session for CPA firms to ensure that the Agreed Upon Procedures they perform align with NJEDA standards. These trainings will provide detailed guidance on the statutory requirements of the program, helping firms stay informed and compliant, including but not …
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18
2:00 pm
Free Event
Tuesday

February 18, 2025

Info Session: NJEDA Film Tax Credit Certifications for CPA Firms

Training session for CPA firms to ensure that the Agreed Upon Procedures they perform align with NJEDA standards. These trainings will provide detailed guidance on the statutory requirements of the program, helping firms stay informed and compliant, including but not …
All Events

PUBLIC INFORMATION

BIDDING OPPORTUNITIES

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2023-RFP-171 – BOARD GOVERNANCE SOFTWARE PROVIDER
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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