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

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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
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SPECIAL REPORT: Steadfast And Strong In The Wake Of Superstorm Sandy

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billion allocated to New York. The programs will be offered outside New York City (NYC will administer similar programs to meet the same needs its own CDBG-DR allocation of $1.7 Sandy affected more than 140,000 National Grid gas customers in New York City and on Long Island. Christie Gov.

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New York Incentives and Workforce Development Guide

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most cases, JDA Loans can be for up to 40% of the total project cost of Real Estate projects or M&E projects.Loans may be up to 60% for projects located in Empire Zones or economically distressed area.The combination of a bank loan and a JDA Loan allows up to 90% financing of a project. Typical financing structure: 50% Bank Loan.