Public Information - Proposed New Rules/Amendments

Proposed Readoption: N.J.A.C. 19:30
Proposed Readoption with Amendments: N.J.A.C. 19:31

Administrative Rules
Authority Assistance Programs
The EDA  proposes to readopt N.J.A.C. 19:30 and readopt with amendments 19:31, which, pursuant to N.J.S.A. 52:14B-5.1, were scheduled to expire November 9, 2017. In accordance with N.J.S.A. 52:14B-5.1.c(2), the submission of this notice of proposal to the Office of Administrative Law extended that expiration date 180 days to May 8, 2018. The Authority has reviewed the subchapters contained in N.J.A.C. 19:30 and 19:31 and determined that they are necessary, reasonable, and proper for the purpose in which they were originally promulgated, that is, to accomplish the general purposes of the New Jersey Economic Development Authority Act, N.J.S.A. 34:1B-1 et seq., and to implement the programs and incentives administered by the EDA. Accordingly, the Authority proposes to readopt certain subchapters without amendments and to readopt certain other subchapters with amendments to implement statutory revisions and/or to update provisions necessary for the implementation of applicable programs, as summarized in the proposal.

Notice of Funding Availability
The EDA hereby announces the anticipated availability of Retail Fuel Station - Energy Resiliency Program monies funded under the Federal Emergency Management Agency (FEMA) Hazard Mitigation Grant Program (HMGP). Under this program, the EDA will offer grants for the purpose of enhancing the operational resiliency of retail fuel stations Statewide from future electric power outages by incentivizing the permanent installation of back-up electric generator "quick-connects" and/or fixed back-up electric generators to the fuel pumps at eligible retail fuel stations.

Notice of Funding Availability
Superstorm Sandy Recovery Grants and Loans - Energy Resilience Bank Program
The EDA announces the availability of Community Development Block Grant-Disaster Recovery (CDBG-DR) funds appropriated pursuant to the Federal Disaster Relief Appropriations Act, 2013 (Public Law 113-2) for the purpose of assisting economic recovery from damage caused by Superstorm Sandy. The EDA, jointly with the New Jersey Board of Public Utilities (BPU), will administer $ 200 million of the CDBG-DR funds allocated by the U.S. Department of Housing and Urban Development (HUD) to New Jersey to continue to support the State's recovery. These funds will be used to implement the Energy Resilience Bank Program. Under this program developed jointly with the BPU, the EDA will offer grants, forgivable loans, and amortized loans for the purpose of facilitating recovery and funding the unmet capital needs of eligible, impacted wastewater treatment plants and water treatment plants.

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