Food Desert Relief Tax Credit Auction - NJEDA

NJEDA To Open Applications For $20M Food Desert Relief Tax …

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Jul 29, 2024  · Tax credit auction will support programs to alleviate food deserts and make nutritious foods more accessible & affordable. TRENTON, N.J. (July 29, 2024) – The New …

njeda.gov

NJEDA To Auction Tax Credits In July To Fund Food Desert Relief ...

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Jun 8, 2023  · The NJEDA will auction $50 million of the $120 million in tax credits available for the 2023 calendar year. Proceeds from the auction will support programs focused on the 50 …

njbia.org

EDA To Open Application Portal Aug. 28 For $20M Food Desert …

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Jul 29, 2024  · The New Jersey Economic Development Authority announced Monday that it intends to auction up to $20 million in corporate and insurance premiums tax credits through …

roi-nj.com

NJEDA To Auction $10M In Tax Credits To Fund Food Desert …

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Aug 21, 2023  · The resulting revenues will be used to fund grants, loans, and technical assistance programs in food desert communities like Camden City, Pennsauken, and Woodlynne. By Matt …

njpen.com

New Jersey Economic Development Authority Announces Auction …

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Jul 31, 2024  · The New Jersey Economic Development Authority (NJEDA) July 29 announced that it will auction up to $20 million in corporate and insurance premiums tax credits through …

bloombergtax.com

NJEDA To Launch $10M Food Desert Relief Tax Credit Auction

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Aug 18, 2023  · In April, the board approved proposed rules for the $240 million Food Desert Relief Tax Credit Program, as well as the auction of up to $50 million of the $240 million in tax …

roi-nj.com

NJEDA Food Desert Relief Tax Credit Auction - NJBIA

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Aug 21, 2024  · New Tax Credit Opportunity. Press Release: NJEDA to Launch $10M Food Desert Relief Tax Credit Auction. The application for the auction will open on September 18 at 10:00 …

njbia.org

NJEDA To Launch $10M Food Desert Relief Tax Credit Auction

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Aug 17, 2023  · In April, the Board approved proposed rules for the $240 million Food Desert Relief Tax Credit Program, as well as the auction of up to $50 million of the $240 million in tax …

njeda.gov

Tax Credit Auction Info Session - Food Desert Relief - NJEDA

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The auction was first held in 2023, receiving more than $20 million in bids for $15 million in available tax credits, and raising more than $13 million for future programs to improve food …

njeda.gov

NJEDA To Launch $10M Food Desert Relief Tax Credit Auction

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Aug 18, 2023  · A sample application and details about the auction process can be found here:https://www.njeda.gov/food-desert-relief-tax-credit-auction/Read the full articl...

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NJEDA To Auction $10M In Tax Credits To Fund Food Desert …

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Through the Food Desert Relief Tax Credit Auction, corporations and insurance companies with New Jersey state tax liability may buy credits towards that liability for 85 cents on the dollar, ...

transactionriskprofessionals.com

NJEDA Board Approves Food Desert Relief Tax Credit

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$240M program and tax credit sale aims to attract & strengthen supermarkets in food desert communities; enables NJEDA to establish innovative programs to combat food insecurity …

sbdcnj.com

Food Desert Relief Program (NEW) - NJEDA

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The Food Desert Relief Program addresses the food security needs of communities across New Jersey by providing up to $40 million per year in tax credits, loans, grants, and/or technical …

njeda.gov

NJEDA Expands Food Desert Relief Tax Credit Auction To $15M

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TRENTON, N.J. (October 12, 2023) – The New Jersey Economic Development Authority (NJEDA) is increasing the amount of tax credits available to $15 million through the Food …

njeda.gov