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Newark, NJ

NJ revises its oldest business incentives

Under an expansion and revival of the Urban Enterprise Zone program, first established in 1983, the state will set aside $42.5 million through the end of June 2022 for grants, tax breaks, revolving loans and other support for businesses that open in some of the state’s most impoverished communities.

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Hoboken, New Jersey, USA - May 8 2012: New Jersey Transit commuter trains and platform at the Erie Lackawanna rail terminal in Hoboken New Jersey

The road ahead

New Jersey supporters say the $1.2 trillion infrastructure package moving through Congress could bring billions of dollars for the state’s crumbling roads, bridges, rails and tunnels. But many on the transportation side contend the historic infusion of cash means public leaders need to take a hard look at how citizens get around.

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