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Fox Rothschild LLP Putting New Jersey Back in Business: The Urban Transit Hub Tax Credit December 1, 2011
Overview ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
In other words
Projects Approved to Date ,[object Object],[object Object],[object Object],[object Object],[object Object]
Is NJ catching up?
Objectives ,[object Object],[object Object],[object Object],[object Object]
Part I: The Mechanics of the UTHTC Program ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Program Overview ,[object Object],[object Object],[object Object],[object Object]
How are the credits used? ,[object Object],[object Object],[object Object]
Part II: Who should look into this program? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Example 1: Mixed-Use The Gateway, New Brunswick, NJ ,[object Object],[object Object],[object Object]
The Gateway
Example 2: The Developer  Capital Real Estate Group ,[object Object],[object Object],[object Object],[object Object]
The Vista Center by Capital Real Estate Group
Example 3: The Tenant  Haddon Avenue Transit Village ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Using the UTHTC to fund capital projects ,[object Object],[object Object]
Haddon Avenue Transit Village
Part III: What are the requirements – Will the project fit?
Requirement 1: Urban Transit Hub
Requirement 1: Urban Transit Hub ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Requirement 2: Capital Investment
Requirement 2(a): Capital Investment ,[object Object],[object Object],[object Object],[object Object]
Requirement 2(b): Capital Investment ,[object Object],[object Object],[object Object],[object Object],[object Object]
Requirement 3: Jobs
Requirement 3: Jobs ,[object Object],[object Object]
Part IV: FAQ
What type of entities / projects qualify?   ,[object Object],[object Object],[object Object]
What qualifies as a capital investment? ,[object Object],[object Object],[object Object],[object Object],[object Object]
How does a project get approved?  ,[object Object],[object Object],[object Object]
What about jobs? ,[object Object],[object Object],[object Object]
What are the risks involved? ,[object Object],[object Object],[object Object],[object Object]
Final thoughts ,[object Object],[object Object],[object Object],[object Object]
Thank You ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Putting New Jersey Back in Business: The Urban Transit Hub Tax Credit