𝐍𝐉 𝐒𝐌𝐀𝐋𝐋 𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒 𝐑𝐄𝐋𝐈𝐄𝐅 𝐟𝐨𝐫 𝐓𝐑𝐎𝐏𝐈𝐂𝐀𝐋 𝐒𝐓𝐎𝐑𝐌 𝐈𝐃𝐀 (𝟗/𝟏𝟓/𝟐𝟎𝟐𝟏)

The New Jersey Economic Development Authority (NJEDA) is working on creating and administering a relief program, which will provide short-term, immediate rent/mortgage reimbursement support to New Jersey businesses and non-profits with up to 50 employees that suffered physical damage on September 1st and 2nd, 2021 and any additional flooding immediately thereafter.

The proposed program will be designed to get funds to businesses as quickly as possible. It’s an initial step while larger-scale programs, likely funded with federal emergency assistance programs, are developed.

Through the proposed $10 million grant program, small businesses and non-profit entities with up to 50 employees will be able to apply for grants of $1,000 to $5,000 dollars. Landlords and home-based businesses are not eligible for grant funding through this program.

For more info, see https://nj.gov/governor/news/news/562021/approved/20210903a.shtml

If you need help, contact us at https://tjcarroll-law.com/contact/

𝐓𝐡𝐨𝐦𝐚𝐬 𝐉𝐚𝐦𝐞𝐬 𝐂𝐚𝐫𝐫𝐨𝐥𝐥, 𝐏.𝐂. 𝐢𝐬 𝐚 𝐥𝐚𝐰 𝐟𝐢𝐫𝐦 𝐟𝐨𝐜𝐮𝐬𝐢𝐧𝐠 𝐨𝐧 𝐟𝐞𝐝𝐞𝐫𝐚𝐥 𝐚𝐧𝐝 𝐬𝐭𝐚𝐭𝐞 𝐭𝐚𝐱𝐞𝐬 𝐭𝐡𝐚𝐭 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐬 𝐢𝐧𝐝𝐢𝐯𝐢𝐝𝐮𝐚𝐥𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 𝐰𝐢𝐭𝐡 𝐭𝐚𝐱 𝐡𝐞𝐥𝐩 𝐚𝐧𝐝 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐭𝐨𝐝𝐚𝐲 𝐚𝐧𝐝 𝐭𝐨𝐦𝐨𝐫𝐫𝐨𝐰.

𝐎𝐯𝐞𝐫 𝟑𝟓 𝐘𝐞𝐚𝐫𝐬 𝐨𝐟 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞 𝐢𝐧 𝐈𝐑𝐒, 𝐍𝐘 & 𝐍𝐉 𝐓𝐚𝐱 𝐀𝐮𝐝𝐢𝐭𝐬, 𝐀𝐩𝐩𝐞𝐚𝐥𝐬 & 𝐓𝐚𝐱 𝐏𝐥𝐚𝐧𝐧𝐢𝐧𝐠.

𝐖𝐖𝐖.𝐓𝐉𝐂𝐀𝐑𝐑𝐎𝐋𝐋-𝐋𝐀𝐖.𝐂𝐎𝐌