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Carteret awarded $1.5M local property acquisition grant from NJEDA

Summary by ROI-NJ
The New Jersey Economic Development Authority recently approved a $1.5 million competitive Local Property Acquisition Grant to purchase several vacant properties at 1179 and 1235-1239 Roosevelt Ave. in the West Carteret Redevelopment Zone, Mayor Daniel Reiman recently announced. The funds will enable The Carteret Redevelopment Agency (CARA) to acquire the adjacent properties. Vacant and abandoned since 2018, the properties were at one time appro…
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ROI-NJ broke the news in on Friday, December 6, 2024.
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