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New Jersey Incentives and Workforce Development Guide

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For a list of New Jersey economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. New Jersey Partnership for Action: Created by Governor Chris Christie and led by Lt. FINANCING & GRANTS.

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Homeowners in These States Paid the Highest Property Taxes in 2021

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New Jersey boasted the highest average real estate tax bill in 2021 with a total of $9,151 per homeowner as well as the highest effective tax rate (2.02%). of state and local tax receipts in 2020 due to a broad decline in income tax revenue as a result of the pandemic, property taxes made up 36.2% After accounting for 39.9%

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State by State Incentives Guide

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Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Alabama Industrial Access Road & Bridge Program: Provides financial assistance to communities for industrial access to new and expanding industries.

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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

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It places extra emphasis on spurring development and private-sector job growth in new Garden State Growth Zones (GSGZ) identified in the legislation as the four lowest median family income cities in the state: Camden, Trenton, Passaic and Paterson. Christie said. NJEDA approved a significant Grow NJ award of up to $39.5 headquarters.

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Looking at Affordability Through a New Lens

Pro Builder

Looking at Affordability Through a New Lens. Affordability indexes may take mortgage rates, income, and home prices into account, but it’s missing an important piece of the puzzle. Bill McBride, author of the finance and economics blog Calculated Risk, says future return is an important piece of data to factor into affordability.

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SPECIAL REPORT: Steadfast And Strong In The Wake Of Superstorm Sandy

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Nearly 50 fatalities were reported in New York in the days after the storm; the death toll in New Jersey did not exceed 40 thanks to heroic efforts by NJ Gov. The Christie Administration will dedicate more than half of this funding for low-to-moderate-income households, in accordance with HUD guidelines. Kim Guadagno.

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STATE INCENTIVES GUIDE

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INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

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