NJEDA Now Accepting Applications for Incentive Programs
The New Jersey Economic Opportunity Act of 2013 streamlines New Jersey's five existing economic development incentive programs into two; the Grow New Jersey Assistance (Grow NJ) Program will be the State's main job creation and retention incentive program and the Economic Redevelopment and Growth (ERG) program will be New Jersey's key developer incentive program.
NYSERDA Recognized for Innovative Energy Efficiency Financing
The Bond Buyer recognized NYSERDA's recent bond issuance in coordination with the New York State EFC as a unique financing collaboration between two State authorities that reflects Governor Cuomo's strategic statewide plan to scale up clean energy through creative financing mechanisms, enhance New York's competitiveness for clean energy businesses, and make the state's energy systems more resilient.
P3 Projects at Rutgers University
Chris Paladino with New Brunswick Development Corporation presents on various P3 projects that have transformed the nature of the tool by taking on a new shape.
New Initiative: Start-Up NY
Start-UP NY was launched in October 2013 and is already proving itself. The tax-free prospect is for start-up or expanding businesses in New York, or out-of-state companies that relocate to New York. It is administered by the university community and will use space available on the many campuses statewide, as Executive Vice President Leslie Whatley explains.
Accessing Capital Through EB-5 Foreign Investment
A few of EB-5 New York State Regional Center's successful deals are highlighted in this presentation by President Bill Gresser. He provides an overview of the program and delves into its benefits, structure and how the regional centers are involved.
Current Outlook for the Municipal Bond Market
John Hallacy with Assured Guaranty describes the market trends for municipal bonds, their yields, expenditures and issuance.
Report: NY Brownfield Program Ineffective for Environment
The state's brownfield program has become a real-estate development boondoggle that does little to clean up blighted and polluted territories, according to an unpublished report prepared for the state by a Cuomo-appointed tax commission. The tax credit analysis can be found later in this newsletter.
|