The Senate Budget and Appropriations Committee approved legislation sponsored by Senator Jim Whelan that would permit qualified businesses to count certain New Jersey-based independent contractors as employees for the purpose of receiving Grow New Jersey tax credits.

Funding for a proposed $14 million mixed-use development is being discussed by city officials in Elmira, New York.

Triple Five plans to sell $800 million of tax-exempt municipal bonds next week to help complete the American Dream mega mall in New Jersey.

New York University Langone Medical Center locked down $600 million in taxable bonds for its new medical center in Kips Bay. Bank of New York Mellon is the trustee for the 2017A series bonds, secured by the property at 433 East 30th Street.

New Jersey has amended and expanded the rules for claiming the Angel Investor Tax Credit including three major changes which are outlined in this article.

Fund managers expect that initiatives such as free tuition at public universities, combined with other pressures that have long been building up, will cause bonds issued by smaller private colleges to fare far worse than the broader market if interest rates continue to rise.

A new study by the Pew Charitable Trusts offers provides a wide-ranging look at the way many state officials handle these costly programs in recent years.  While the ultimate success of these incentives often hinges on good planning by state officials and follow-up measurements of the impact and efficacy of the programs, Pew researchers found that many states have fallen well short of what was needed.

Penn Station the past few weeks has become the focal point for New York's transportation infrastructure woes. Alarmingly, it's no outlier. Malfunctioning switches, dangling wires and misaligned rail parts have created havoc around the Midtown Manhattan station.

Business in South Jersey is on the upswing since the passage of the New Jersey Economic Opportunity Act (EOA) of 2013, buoyed by heightened commercial activity in Camden and Atlantic City, and promising growth in manufacturing and the food industry.

Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss how the finance toolbox can be used to compliment the redevelopment and cleanup of your brownfield project.

CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Participants may register for one, two, or three courses during CDFA Summer School. Complete three courses, and you will have fulfilled half of the requirements for the DFCP Program.

Join the CDFA New York/New Jersey Financing Roundtable for a special one-day conference hosted at the offices of BNY Mellon in New York City. This event will feature a number of economic development finance experts from around the states discussing development finance tools, authorities, resources and approaches, and how these can affect the New York and New Jersey economies going forward.

Paul Ceppi from the New Jersey Economic Development Authority presents on New Jersey's use of TIF.

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