Urban Transit Hub
Funds only legacy New Jersey transit-hub facility investments and job creation through ten-year tax credits.
The New Jersey Economic Development Authority administered the Urban Transit Hub Tax Credit for major business-facility investment at eligible transit locations. A facility business generally needed at least USD 50 million of capital investment, while a tenant could qualify through at least USD 17.5 million invested in its leased area. The project also required 250 new full-time employees subject …
Former major capital projects at approved urban transit hubs, including qualifying business facilities, tenants and new full-time employment.
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