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Getting our Commmunity on the path to success
Strategize. Organize. Mobilize.

MEETING PLANNING SESSION 2

ZOOM Meeting September 21, 2021

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Click the link below to view the recorded meeting:

https://us06web.zoom.us/rec/share/B6tq_m7gyTra1HEx-6wGMZIHLSFv02BjUE1Z1b4-tLay9TcR45zRVQJFF2-zn6kg.-JqU8Ig6Hbp9iju_ Passcode: Rp=c11dt

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September 21 2021

ZOOM Meeting June 29, 2021

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Click the link below to view the recorded meeting:
https://us02web.zoom.us/rec/share/T8_U8sIv-xFPfEEny2TBiZvsIfnrrDI03v18EPBm3mGNx_9JyZoNfhKQdoKzqjws.PJfH6lJhyjdmxBFt Passcode: T1FhP?iE

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MEETING SUMMARY

JUNE 29

ZOOM Meeting July 13, 2021

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Click the link below to view the recorded meeting:
https://us02web.zoom.us/rec/share/oYsdu6bagMI_HMBbw5_5U77KqJXp0LvhnEOTKOKttfPKDewj3hcDeEymTudVHC1m.rjAI087xYk5DAOEZ

Passcode: @5M5?!L$

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MEETING SUMMARY

JULY 13
meeting July 20

ZOOM Meeting July 20, 2021

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Click the link below to view the recorded meeting:

https://us02web.zoom.us/rec/share/V7pnX3cHk9gmIfcY5SkEwgm65RPGUBArsUAarzmMU2-Hf0PSRMqilxJ9FmHr7JU_.eCYTg-vUEHr9X3b8 

Passcode: ^ySy5y0d

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MEETING SUMMARY

ABOUT NRTC

The Neighborhood Revitalization Tax Credit (NRTC) Program was created by provisions of the Neighborhood Revitalization State Tax Credit Act, P.L. 2001, c.415 (N.J.S.A.52:27D-490 et seq.). The purpose of the Act is to foster neighborhood revitalization through comprehensive strategies driven by residents and other public and private stakeholders within the neighborhood. The NRTC Program, which is administered by the New Jersey Department of Community Affairs, is designed with five (5) specific goals

PROGRAM OVERVIEW

The Neighborhood Revitalization Tax Credit Program (NRTC) is designed to foster the revitalization of New Jersey's distressed neighborhoods. NRTC offers business entities an 80 percent tax credit against various New Jersey state taxes.Credits are provided to business entities that invest in the revitalization of low- and moderate-income neighborhoods in eligible cities.Sixty percent of the tax credit funds must be used for activities related to the development of housing and economic development.

GOALS

  • To encourage community-based neighborhood planning

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  • To provide flexible resources for community-based organizations

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  • To build the capacity of local and community-based organizations to carry out neighborhood revitalization activities

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  • To attract private investment into New Jersey’s low- and moderate-income neighborhoods

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