| IMPORTANT:
Legal Notice/Local Paper Advertisement
The CRA has applied for a USEPA cleanup grant. The grant award announcements are expected late spring, 2008. Those wishing to obtain a copy of the grant application or provide comments, please contact Norma Santiago, Brownfields Office at 856-968-3541 or nosantia@ci.camden.nj.us
CRA solicitó fondos para limpieza de USEPA. Esperamos recibir el aviso de concesión durante la primavera del 2008. Aquellos que desean obtener una copia de la solicitud o proporcionar comentarios, pueden comunicarse con Norma Santiago, en la oficina de Brownfields al teléfono 856-968-3541 o por correo electrónico a nosantia@ci.camden.nj.us
Urban Enterprise
Zone Incentives For Businesses
- 100 % sales tax exemptions for materials and tangible personal property (rugs, building materials, computers etc.
- Qualified retail businesses may charge 50% of the mandated 7% NJ sales tax on certain in person purchases. (50% off regular sales tax rate to your customers on taxable items)
- A one-time corporation tax credit of $1500 for each full-time permanent employee who is a resident of a municipality in which a zone is located and has been unemployed for at least 90 days or dependent upon public assistance.
- Subsidized unemployment insurance costs for certain new employees with gross salaries less than $4,500.00 per quarter as per Department Labor schedule
- Tax credit against the Corporation Business Tax of 8% of Investment in the zone by an approved "In Lieu" agreement with the Urban Enterprise Zone Authority and Municipality.
- Priority financial assistance from the New Jersey Local Development Financing Fund (LDFF) and Department of Labor Job Training Program.
For more information, please see the New Jersey State Urban Enterprise Zone web site at: http://www.state.nj.us/commerce/UEZ.shtml
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