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NJEDA Board Approves Program to Expand Access to Capital for Emerging Developers

American Entrepreneurship

(November 21, 2023) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved a new $20 million pilot program to support rising real estate developers. Access to capital for small-scale developers in the real estate development industry continues to be a challenge.

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NJEDA Board Makes Wide-Ranging Set of Approvals to Continue Growing NJ’s Economy

American Entrepreneurship

Stranded Assets Repositioning Investment : The Board approved a policy for investment in the redevelopment of stranded assets such as vacant or partially vacant office parks, retail malls, and healthcare facilities into new commercial, industrial, or mixed-use development projects.

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