Establishes New Jersey Veterans’ Organization Building Grant Program to fund veterans’ organizations.
The bill establishes the New Jersey Veterans’ Organization Building Grant Program within the Economic Development Authority. This program will award grants to veterans’ organizations to assist with the rehabilitation of existing buildings or the purchase of new buildings used to assist veterans. The program will be funded by annual appropriations to the Veterans’ Organization Building Grant Fund and voluntary contributions from New Jersey taxpayers. The authority will develop criteria for awarding grants, including limitations on amounts awarded.
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