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

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.