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News from Trenton: Urban Transit Hub Tax Credits Expanded

Governor Christie approved the expansion of the Urban Transit Hub tax credit by $250 million,  to a total of $1.75 billion.  What does it mean to developers?  That they  can  seek incentives through the Economic Development Authority if they make capital investments in nine cities near major public transit lines. What does it mean to smart growth? Tangible support to fund growth around public transportation routes.  In addition, the deadline for applications was extended to July 2014





 
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