NJEDA Releases Aspire Program Rules for Public Feedback

TRENTON, N.J. (September 29, 2023) – The New Jersey Economic Development Authority (NJEDA) is seeking public input on a revised set of rules for the Aspire Program. The Aspire Program is a gap financing tool to support commercial, mixed use, and residential real estate development projects.

WHAT:            The document posted today is a draft of the Aspire Program’s revised set of rules, which will be presented to the NJEDA Board, with any final edits, for its review and consideration for approval. If approved, the rules will be effective upon filing with the Office of Administrative Law and the document will be concurrently published for the formal public comment period, as designated by the Administrative Procedure Act.

WHEN:           Feedback must be submitted in writing no later than 5:00 p.m. on October 5, 2023. Written feedback can be submitted here.

To learn more about NJEDA resources for businesses, call NJEDA Customer Care at 844-965-1125 or visit https://www.njeda.gov and follow @NewJerseyEDA on Facebook, Twitter, Instagram, and LinkedIn.

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