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New Jersey Future statement on the New Jersey Economic Recovery Act of 2020

12/21/2020

by New Jersey Future

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TRENTON, December 21, 2020 —New Jersey Future Executive Director Peter Kasabach released the following statement on the New Jersey Economic Recovery Act of 2020:

“New Jersey Future applauds the Legislature, Governor Murphy and his administration for presenting a comprehensive package of economic incentives that recognizes that place matters. Place-based economic development requires careful targeting, comprehensive planning, and a recognition that creating walkable, mixed-use, diverse, equitable places is a cornerstone of economic growth, and this legislation puts us on track to achieve a New Jersey in which everyone can thrive.

“We are pleased to see that virtually all of our smart growth recommendations have been incorporated into the bill and that there is a strong recognition that government subsidies can and should be directed toward places where we want and need growth.”

Further analysis can be found here.

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