The state of New Jersey has enacted a groundbreaking law granting public charter schools and renaissance schools access to low-interest financing through the Public Charter and Renaissance School Facilities Loan Program. This...more
3/13/2024
/ Charter Schools ,
Construction Project ,
Educational Institutions ,
Financial Institutions ,
Infrastructure ,
Loans ,
New Jersey ,
New Legislation ,
Public Finance ,
Real Estate Development ,
Urban Planning & Development
Summary -
New Jersey Gov. Phil Murphy signed into law legislation that restores property tax exemptions for nonprofit hospitals. However, the law requires New Jersey nonprofit hospitals to make a community service...more
The Supreme Court of the State of New Jersey upheld the New Jersey COVID-19 Emergency Bond Act (the Act), authorizing the State to issue up to $9.9 billion in state borrowing either through general obligation bonds or...more
8/14/2020
/ Appropriation ,
Bonds ,
Coronavirus/COVID-19 ,
Emergency Lending ,
Financial Crisis ,
Fiscal Year ,
Governor Murphy ,
Municipal Bonds ,
Municipal Liquidity Facility (MLF) ,
NJ Supreme Court ,
Public Finance ,
Public Financing ,
State and Local Government ,
State Constitutions
New Jersey Gov. Phil Murphy signed into law the New Jersey COVID-19 Emergency Bond Act (the “Act”) on July 16, 2020. The Act authorizes the issuance of New Jersey State bonds up to $9.9 billion to respond to financial issues...more
The State of Louisiana has passed a public-private partnership (P3) law to help alleviate a $12.7 billion backlog in highway and bridge maintenance and construction needs across the state. The law authorizes the Louisiana...more
8/5/2016
/ Bridges ,
Construction Industry ,
Construction Project ,
Department of Transportation (DOT) ,
Highways ,
Infrastructure ,
New Legislation ,
Project Finance ,
Public Private Partnerships (P3s) ,
Public Projects ,
Surface Transportation
A recent New Jersey Tax Court decision has nonprofit entities on edge. The decision may offer tax authorities the opportunity to pursue payments from nonprofit hospitals and may result in the redefining of tax exemptions by...more
The Obama administration recently approved more than $1.8 billion in aid to help New Jersey residents and businesses recover from Hurricane Sandy. The Community Development Block Grant (CDBG) funds for New Jersey, part of a...more