The New Jersey Economic Development Authority (NJEDA) board of directors on Thursday approved a memorandum of understanding (MOU) with the New Jersey Institute of Technology (NJIT) to establish the NJ Brownfields Center at NJIT.
The Brownfields Center will provide a variety of technical assistance and resources to assist communities in the state with the process of transforming brownfield sites into community assets.
“Returning contaminated sites to productive use is an essential component of Governor Murphy’s commitment to building stronger, more vibrant communities across New Jersey,” said NJEDA Chief Executive Officer Tim Sullivan. “NJIT has an impressive history of helping communities successfully take on transformative redevelopment projects. We are excited to work with them and our partners at the municipal level to make New Jersey a safer, healthier place to live and work.”
To facilitate brownfields redevelopment, Gov. Phil Murphy has proposed a new set of programs, including a remediation and redevelopment tax credit, as well as an enhanced brownfields loan program through the NJEDA.
In addition to these proposed programs, in March 2019 the NJEDA and the New Jersey Department of Environmental Protection (NJDEP) entered into an MOU to expand the Community Collaborative Initiative (CCI), a successful program that embeds NJDEP staff in twelve targeted communities to help them navigate complex environmental stressors and set a pathway for successful remediation and redevelopment.
The Brownfields Center at NJIT will expand upon these efforts to offer similar assistance to communities beyond the twelve CCI municipalities, as well as providing additional tools to all brownfield communities in New Jersey.
Under the terms of the agreement, the NJEDA will provide $200,000 to launch the Brownfields Center and NJIT will provide quarterly updates on the use of funds and progress in communities receiving assistance.