Program fees have been calculated using a matrix similar to that used for other NJEDA programs. They take into consideration anticipated level of effort needed to conduct review of applications as well as expected number of submissions through the course of the program, based on best available information and projections.
Fees have been set up using a 3-tier fee structure, with the first two tiers based on project site (as determined by cost of rehabilitation) and a third tier exclusively for transformative projects. A guidance document, which includes a list of program fees and tables showing fee amounts, can be accessed here.
Detailed information on program fees can be found within the draft rules under N.J.A.C. 19:31-26.5.