Jersey City Economic Development Corporation
Neighborhood Preservation Program (NPP)
This initiative, funded by the New Jersey Department of Community Affairs, takes a comprehensive approach to physically and economically revitalizing neighborhoods through a variety of flexible and creative options.
Monticello Avenue between Montgomery Street and Communipaw Avenue has been designated as Jersey City’s target NPP area. $525,000 has been appropriated to pursue the following objectives over a five-year period:
This initiative, funded by the New Jersey Department of Community Affairs, takes a comprehensive approach to physically and economically revitalizing neighborhoods through a variety of flexible and creative options.
Monticello Avenue between Montgomery Street and Communipaw Avenue has been designated as Jersey City’s target NPP area. $525,000 has been appropriated to pursue the following objectives over a five-year period:
- Plan for infrastructure improvements;
- Increase municipal services (including street maintenance and job training
- Housing development—identify new construction and rehabilitation projects, and funding sources (homebuyer assistance, bank loans, Federal and State-sponsored programs, et al)
- Acquisition, demolition and building conversion—utilizing abandoned properties for future development via competitive offerings
- Improving the effectiveness of municipal services by assisting in the institution of a Special Improvement District for the area. This will also facilitate other grant opportunities.
For more information on the NPP, please contact
Anthony Cruz at 201-333-7797, ext. 36.
Anthony Cruz at 201-333-7797, ext. 36.
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Paid for by the
Jersey City Urban Enterprise Zone Program © 2008 Jersey City Economic Development Corporation |
The Jersey City Neighborhood Preservation Program is being coordinated by JCEDC, which will work in partnership with the Jersey City Redevelopment Agency and other public and private entities.