Historic Property Reinvestment Program

Aerial panorama of Trenton New Jersey skyline
Jun 13, 2025

$12M tax credit to transform Trenton church

The historic preservation award from the NJEDA will help rehabilitate the circa 1839 building into a new arts and events space downtown.

The Atlantic City skyline
Sep 16, 2024

$8M historic rehabilitation award will transform AC office building to residential

The NJEDA awarded $8 million under its Historic Property Reinvestment Program for a project to convert Atlantic City's Schwehm Building into 56 units of housing as well as commercial space.

Gov. Phil Murphy held a press conference April 26, 2024, at the Eagles Solar I and II Project in Berkeley Township to announce five major investments he says will ultimately enable New Jersey to meet its goal of reducing emissions by 80% by 2050.
Sep 5, 2024

Murphy announces actions on solar energy development

In addition to launching a one-stop-shop website to facilitate projects capping landfills with the clean energy alternative, the governor signed legislation to expand certain tax incentives regarding brownfields and historic preservation developments.

The first project that was approved under the New Jersey Economic Development Authority's Historic Property Reinvestment Program was the rehabilitation of Loew’s Theatre in Jersey City.
Nov 8, 2023

NJEDA to open next round of Historic Property Reinvestment Program apps

In 2022, the first project approved under the initiative was the rehabilitation of Loew’s Theatre in Jersey City – receiving $42.27 million in tax credits.