New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 47 - NEIGHBORHOOD REVITALIZATION STATE TAX CREDIT
Subchapter 5 - CRITERIA FOR QUALIFYING PROJECTS
Section 5:47-5.2 - Extent to which project addresses distress

1. The extent to which they will alleviate poverty by increasing total household income;

2. The extent to which they will increase disposable income by increasing access to facilities and services at affordable prices, such as housing and health care;

3. The extent to which they will reduce unemployment, including creating jobs, increasing access to jobs, creating business activities, and strengthening existing neighborhood-based business enterprises; and

4. The extent to which they contribute to enhancing the quality of life in the neighborhood, as reflected in physical and/or programmatic improvements, in ways that have the potential to increase the market competitiveness of the neighborhood, and its attractiveness to potential homebuyers and renters, including, but not limited to, environmental and cultural resources, educational and recreational activities, business attraction and retention activities, historic preservation, and civic engagement.