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A4697

Makes FY2026 supplemental appropriation of $30 million to DCA for Neighborhood Revitalization Tax Credit program.

Introduced·3/16/26
Introduced Text

Supplemental appropriation of $30 million to DCA for Neighborhood Revitalization Tax Credit program.

This bill provides an additional $30 million from the General Fund to the Department of Community Affairs (DCA) for the Neighborhood Revitalization Tax Credit program. This program offers grants to community nonprofit organizations that invest in local improvements to benefit low and moderate income neighborhoods. The funding supports revitalization projects approved by the DCA.

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  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Community Development and Womens Affairs Committee
Next
Committee decision

Sponsors

DDDD
4
0
Democratic CaucusRepublican Caucus

History

Mar 16

Assembly

Introduced, Referred to Assembly Community Development and Women's Affairs Committee