New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 47 - NEIGHBORHOOD REVITALIZATION STATE TAX CREDIT
Subchapter 9 - NEIGHBORHOOD REVITALIZATION NON-LAPSING TRUST FUND; USE OF INTEREST PROCEEDS
Section 5:47-9.2 - Determination of available funds

Universal Citation: NJ Admin Code 5:47-9.2
Current through Register Vol. 56, No. 18, September 16, 2024

At the beginning of each fiscal year, the Department shall make a determination of the amount of interest earnings accumulated in the trust fund, and the amount to be made available to qualified entities, as defined in 5:47-9.3(a)1, and other appropriate entities under this section. The Department shall make available for this purpose all interest earnings accumulated in the trust fund.

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