New Jersey S124 allows developers to qualify for low-interest loans from NJEDA for constructing or renovating high performance green buildings.
New Jersey S124 establishes a program for low-interest loans from the New Jersey Economic Development Authority (NJEDA) for developers constructing or renovating high performance green buildings. These buildings must be commercial, industrial, or mixed use, with at least 15,000 square feet, and achieve a silver rating in the LEED, National Green Building Standards, or Green Globes programs, or a comparable rating in another nationally recognized system. The program aims to promote sustainable development in New Jersey.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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