Remove Debt Remove Equity Remove New York City Remove Zoning
article thumbnail

Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Buisness Facilities Contributed Content

The new law builds on Christie’s commitment to revitalizing New Jersey’s cities. It places extra emphasis on spurring development and private-sector job growth in new Garden State Growth Zones (GSGZ) identified in the legislation as the four lowest median family income cities in the state: Camden, Trenton, Passaic and Paterson.

Zoning 47
article thumbnail

New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Borrowers must have at least a 10% equity interest in the project or business. Eligible applicants include New York State manufacturers that employ fewer than 500 workers. 10% Borrower Equity. Debt refinancing, tax delinquency, employee benefit arrearage. The maximum award is a $50,000 grant. 40% JDA Loan.