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Developers Can Now Apply for $75 Million in New Jersey Tax Incentives

Economic Development Authority Reopens Process for Commercial Projects
In January, New Jersey Gov. Phil Murphy went to Carella's Chocolates & Gifts in Hamilton to sign the Economic Recovery Act of 2020. (Josue Lora/New Jersey governor's office)
In January, New Jersey Gov. Phil Murphy went to Carella's Chocolates & Gifts in Hamilton to sign the Economic Recovery Act of 2020. (Josue Lora/New Jersey governor's office)
CoStar News
August 17, 2021 | 1:51 P.M.

Real estate developers with projects in New Jersey can once again apply for tax incentives, following a two-year hiatus, from what is now a $75 million allocation under a state program.

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