NJEDA approves over $500M in tax credits for redevelopment projects across N.J.

Sep 23, 2025

1 min read

September 19, 2025 | binje.com

The New Jersey Economic Development Authority (NJEDA) Board has approved five redevelopment projects for tax credit awards under the Aspire Program and the Historic Property Reinvestment Program (HPRP). These projects, located in Essex, Mercer, and Middlesex counties, are set to create more than 1,146 new housing units, with 544 designated as affordable.

Read More: Click Here

NJ SEED: The NJEDA tax credit awards will generate construction jobs for the Historic Property Reinvestment Program by creating over 1,000 new housing units, nearly half of them affordable housing. A double win.

Recent Posts

See All

Sept. 11, 2001: The Stories 25 Years Later

September 11, 2026 | njspotlightnews.org Twenty-five years ago, New Jersey watched terror unfold across the Hudson River. They witnessed devastation, yes — and the rise of a national spirit that endur

Federal Court Rejects NJ's Approval of Natural Gas Pipeline Under Raritan Bay

September 11, 2026 | patch.com A proposed natural gas pipeline that would run for 23 miles under Raritan Bay suffered a major blow this week, when a federal appeals court voided a permit the project h

Op-Ed: On Labor Day, Commit to Guarding Union Rights Under Threat

By: Charles Wowkanech is president of the New Jersey AFL-CIO, comprising about 1,000 local labor unions representing more than 1 million members. September 7, 2026 | njspotlightnews.org In 1887, New J

Comments