Trenton’s history as one of America’s great manufacturing cities has left a legacy of abandoned and under-utilized industrial lands. Once regarded as worthless, Trenton has an unsurpassed record of brownfield redevelopment that, times and again, has assisted profitable redevelopment of seemingly problematic property.
Staff in the Department of Housing and Economic Development will assist investors and developers take advantage of two major programs:
The Brownfields Redevelopers Agreement is jointly administered by the New Jersey Commerce, Economic Growth & Tourism Commission and the New Jersey State Treasury. It provides for reimbursement of up to 75% of the costs incurred for environmental clean up on redevelopment projects that generate newly realized state taxes.