The New Jersey Economic Development Authority announced the first awards on Wednesday under the government’s Small Municipal Planning Grants program. The cities of Atlantic City, Paterson and Trenton, which are the only entities identified as GRM municipalities in the New Jersey Economic Recovery Act of 2020, will each receive a grant of $ 250,000 as part of the first phase of this two-tier program. phases.
In keeping with Governor Phil Murphy’s commitment to invest in communities and people, the GRM Planning Grants Program, announced in June 2021, mobilizes $ 3M in ERA funding to provide grants to qualified applicants to create long-term strategic action plans to catalyze blocked projects. and achieve community goals.
During Phase 1, EDA will provide three grants of up to $ 250,000 each to support the creation of detailed, long-term, action-oriented strategic plans that synthesize existing municipal and municipal plans. stakeholders and identify technical capacity needs that have led to return-of-completion projects.
Following the creation of these strategic action plans, phase 2 of the program will provide additional funding of up to $ 750,000 per GRM to support the execution of projects identified in the strategic action plans.
The funds provided to each city will support the creation of detailed, long-term, action-oriented strategic plans that synthesize existing municipal and stakeholder plans and identify technical capacity gaps that have delayed completion. projects. These projects are considered to have significant potential to provide sustainable and resilient benefits to community members and business stakeholders.
âGov. Murphy’s ERA is laser-focused to bring sustainable economic growth to urban centers that can benefit from the creation of new jobs to support families, quality housing and new commercial space, âsaid the CEO of the NJEDA, Tim Sullivan, in a prepared statement. âThese planning grants will accelerate the ability of Paterson, Atlantic City and Trenton to maximize the impact of our new suite of tools for investing in their communities.
Through its planning department, Atlantic City will leverage a rapid yet comprehensive nationwide contract offering for a major planning and analysis partner. The dual purpose of the plan will examine the gaps that exist for current project development partners as well as identifying solutions that will increase the flow of external capital.
âAtlantic City’s economic revitalization remains a top priority for my administration,â said Mayor Marty Small Sr. âThe GRM planning grants program will provide the essential funding needed to support innovative projects that contribute to growth long term from the big city we call our home. “
Paterson, using an integrated city-led special project team, will focus his planning efforts on community-based projects that lack the planning and research to get to market. The city will also consider the needs related to the redevelopment areas, city-wide redevelopment plans and their impact on municipal and stakeholder projects.
âAs the first planned industrial city in the United States, we are very excited about this NJEDA announcement. These vital funds will ensure Paterson engages key stakeholders in developing new plans for comprehensive city-wide revitalization and redevelopment, âsaid Mayor Andre Sayegh. âUrban planning is the management of change. It must inspire both hope and pragmatism for the future of our big city.
Trenton will work with two main partners: Greater Trenton and New Jersey Future, who will conduct an in-depth assessment of economic opportunities based on city assets and market conditions. The plan will report on and examine the goals and success metrics of the city’s progress in implementing its master plan to determine Trenton’s ability to act strategically and take a long-range planning approach; analyze the forces from which to build; and identify existing gaps that could slow down implementation, including internal systems, procedures and capacities.
“The grants approved today will allow the city, in partnership with Greater Trenton and New Jersey Future, to take stock of our assets and create a thoughtful, strategic path towards the implementation of the Trenton master plan,” said Mayor Reed Gusciora. âWe are very grateful for the state’s support and are delighted to launch this vital planning initiative that will create a solid foundation of economic growth for small businesses and residents of Trenton, now and into the future. “
More information on the GRM Planning Grants program is available here.