New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 47 - NEIGHBORHOOD REVITALIZATION STATE TAX CREDIT
Subchapter 7 - CONTRACTING; MONITORING
Section 5:47-7.4 - Reuse of funds
Universal Citation: NJ Admin Code 5:47-7.4
Current through Register Vol. 56, No. 18, September 16, 2024
In the event that any funds contributed for a particular project cannot be used for that project, whether because the project cannot be completed, or because the Department has taken action to abrogate a contract with a nonprofit organization or has recaptured funds provided to a nonprofit organization pursuant to the provisions of 5:47-7.2, the Department shall return the funds to the pool available to fund other projects as provided in these rules.
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