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New Jersey Pauses Aspire Tax Credits Program for Development Projects

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The Aspire program, which has supported residential, commercial, and affordable housing developments across New Jersey, is on hold while state leaders pursue reforms.
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$200 Million Financing Secured for 34-Story Homestead Gateway Tower in Jersey City’s Journal Square

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A $200 million structured capitalization commitment has been secured for the Jersey City tower, which will include 360 residences, 90 affordable units, and ground floor retail along an expanded pedestrian plaza.
701 Newark Ave Jersey City Development

34-Story Jersey City High Rise Nabs $90 Million Tax Credit

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A Jersey Ciy development that includes 90 affordable housing units was granted a state incentive just a few months after getting a tax exemption from Jersey City.

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