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New Jersey EDA Awards Nearly $44 Million in Tax Incentives to Housing Projects in Union City, Newark

State Agency Has Now Approved $182.9 Million in Aspire Tax Breaks
Mildred E. Terrell Homes in Newark will undergo a multi-phase redevelopment. (CoStar)
Mildred E. Terrell Homes in Newark will undergo a multi-phase redevelopment. (CoStar)
CoStar News
July 26, 2023 | 10:32 P.M.

The New Jersey Economic Development Authority has approved another round of tax incentives for affordable senior housing residences, this time awarding nearly $44 million for projects in Union City and Newark.

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