Murphy touts $50M state investment during Paterson visit

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Gov. Phil Murphy visited Paterson on Aug. 19, and alongside state and local officials, highlighted investments in local communities and infrastructure via the recently passed Fiscal Year 2023 budget.

As part of the FY2023, Paterson will receive over $50 million, which includes $35 million for municipal aid, of which over $1.7 million comes from the new Municipal Relief Fund, and $15 million for projects including the Great Falls Redevelopment, the Straight and Narrow Program, the Ward Street Parking Garage, as well as several other youth programs.

Paterson will also receive more than $10 million in additional FY2022 Transitional Aid, which will fund capital investments and critical infrastructure upgrades for everything from road resurfacing projects to the purchase of new police patrol vehicles to park renovations.

“The vast assortment of investments presented today are evidence of what our local officials – and our residents – know all too well: the needs of our communities are great, but their potential is even greater,” Murphy said. “That potential can only be achieved through comprehensive state investments that promote lasting stability and growth for generations to come.”

“The Governor and I are proud to partner with local communities where so much of what makes New Jersey great happens,” said Lt. Gov. Sheila Oliver, who also serves as commissioner of the Department of Community Affairs.

Congressman and Paterson native Bill Pascrell, D-9th District, applauded the investments.

“We’re now putting that money to good use for our children, our roads, our parks, and our police,” said Pascrell. “America, New Jersey, and Paterson are back because of our collective action on behalf of the best state in the union!”

Paterson Mayor Andre Sayegh said he is grateful for the unprecedented level of state investment that the city is set to receive.

“This significant infusion of funding will help us improve our parks, improve our infrastructure, and improve our quality of life,” the mayor said.