CONTRACTPENDING

Bayfront Partners Consider for Tax Credit of $64,226,368

Economic Development Authority | State of New Jersey logoEconomic Development Authority | State of New Jersey
Disclosed value
$64,226,368
From agenda
Document date
Jan 23, 2025

The 30-second brief

What it covers

Tax credits of up to $64,226,368 are being considered under the Aspire program for Bayfront Partners 32 Urban Renewal, L.P. The project is for a residential development in Jersey City, Hudson County. The tax credits will cover up to 60% of the total project cost.

Who holds it

Bayfront Partners 32 Urban Renewal holds this tax credit contract with Economic Development Authority | State of New Jersey. Its other public contracts on record include work for NJ Economic Development Authority.

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Contract details

Contract type
Tax Credit
Amount
$64,226,368
Document date
January 23, 2025
Term
NA
Source document
njeda-board-meeting-agenda-january-23-2025_5e3.pdf (Agenda)

Bayfront Partners 32 Urban Renewal's other public contracts

More Economic Development Authority | State of New Jersey contracts

Questions about this contract

Who was awarded the tax credit contract by Economic Development Authority | State of New Jersey?

Bayfront Partners 32 Urban Renewal was awarded this tax credit contract by Economic Development Authority | State of New Jersey, as recorded on January 23, 2025. The contract value is $64,226,368.

How much is the Bayfront Partners 32 Urban Renewal contract with Economic Development Authority | State of New Jersey worth?

The Bayfront Partners 32 Urban Renewal contract with Economic Development Authority | State of New Jersey is valued at $64,226,368, covering tax credit work.

What type of contract is this?

This is a Tax Credit contract, documented as a agenda record.

Where was this contract approved?

This contract appears in njeda-board-meeting-agenda-january-23-2025_5e3.pdf (Agenda), dated January 23, 2025 from Economic Development Authority | State of New Jersey. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bayfront Partners 32 Urban Renewal hold?

Bayfront Partners 32 Urban Renewal may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Economic Development Authority | State of New Jersey currently buying?

Explore Economic Development Authority | State of New Jersey's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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