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

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.