Governor Phil Murphy has signed the Economic Recovery Act of 2020, a comprehensive bill that creates multiple new incentive programs, including the Emerge Program (the successor to Grow NJ), the Aspire Program (the successor to ERG), and other programs related to brownfields redevelopment and the redevelopment of historic properties.
Real Estate NJ was first to break the news. The article can be found here: https://re-nj.com/murphy-signs-14-billion-incentive-package/
For more information on the programs created under the Economic Recovery Act of 2020, please reach out to Chris J. Murphy, Esq. at (973) 705-7421 or cmurphy@murphyllp.com .
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