Economic Development

May 11, 2021

PATERSON, NJ — Just weeks after the application period expired for Paterson’s guaranteed income pilot program, Mayor André Sayegh has confirmed that the initiative gained a $50,000 gift from a prominent local real estate investor. Florio Management—a construction firm responsible for multiple ...

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PATERSON, NJ -  Applications for Paterson’s Guaranteed Income pilot program will close at 11:59 p.m. Friday. “This global pandemic has ushered in a greater realization of the wealth gap that exists in the United States,” Mayor Andre Sayegh told TAPinto Paterson. “Paterson has always been a city ...

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PATERSON, NJ - An all-star lineup of government officials and athletes took the field at Hinchliffe Stadium Wednesday to announce that the long awaited renovation of the historic space will be underway in the coming weeks. Leading off for the home team was former Paterson Business Administrator ...

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TRENTON, NJ – Efforts to revitalize the historic Hinchliffe Stadium got a major boost Wednesday with the New Jersey Economic Development Authority (NJEDA)’s approval of an Economic Redevelopment and Growth (ERG) Program tax credit. Vacant for decades, the redevelopment will include a museum ...

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HAMILTON TOWNSHIP, NJ -- Governor Phil Murphy was in Hamilton Monday to tout two programs his Administration believes will boost efforts to transform dilapidated and abandoned properties into vibrant parts of the community, While remediation has historically been a major barrier to successful ...

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PATERSON, NJ - A partnership between Paterson Habitat for Humanity and St. Paul’s Community Development Corporation (SPCDC) is set to launch next month giving 24 First Ward residents the chance to learn the skills that have been used to build homes in all 50 states and approximately 70 countries ...

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PATERSON, NJ - A pilot program to provide a guaranteed income to 70 Paterson families for 12 months will be the subject of three town hall style meetings hosted by Mayor Andre Sayegh this month. Scheduled for February 11, 18, and 25, all starting at 5:30 p.m., the meetings will be held virtually ...

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TRENTON, NJ – The New Jersey Economic Development Authority (NJEDA) is poised to launch its Brownfields Loan Program, an initiative that will make low-interest loans of up to $5 million available for projects that seek to remediate and redevelop sites that have sat vacant or underutilized for ...

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PATERSON, NJ – The New Jersey Department of Community Affairs (DCA) awarded a $2.6 million grant to Paterson Habitat for Humanity, funding that the non-profit says will help further its efforts to transform the city’s 4th Ward into a safer and more stable place to live. Back in 2012, Paterson ...

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PATERSON, NJ - Governor Phil Murphy further solidified his support for New Jersey’s third largest city with a visit to the historic Hinchliffe Stadium Tuesday accompanied by a pronouncement that it will have a “second act.” Despite a heavy schedule that included a previous stop in Newark where ...

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PATERSON, NJ – Oasis –A Haven for Women and Children kicked off a $6 million dollar expansion aimed at better accommodating the increasing number of families seeking services from the Paterson-based non-profit. The project, approved by the Paterson Planning Board, includes the addition of a ...

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PATERSON, NJ - A much anticipated $1.25 million makeover to Paterson’s Lou Costello Park, including  the construction of the city’s first ever playground with autistic children in mind, is set to break ground, Mayor Andre Sayegh announced Wednesday. The project, funded through Community ...

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PATERSON, NJ - An additional $20 million in tax credits is set to be made available to projects being built with the support of the Economic Redevelopment and Growth Grant (ERGG) program. In June 2019, the City of Paterson received $130 million in tax credit funding through the state Economic ...

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PATERSON, NJ - Long a thorn in the side of area residents due to how easily it has been accessible to vandals and others participating in unneighborly activity, the Allied Textile Printers (ATP) site will soon be fenced in, according to a statement issued by Mayor Andre Sayegh. “We are grateful ...

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PATERSON, NJ - Lifelong Paterson resident Tiffany Jacobs is tired of others trashing the city she is proud to call home. “Enough is enough,” she told TAPinto Paterson.  Earlier this year Jacobs, along with her friend Shanikwa Lemon, started an effort that led to the organizing of seven community ...

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PATERSON, NJ - The New Jersey Community Development Corporation’s (NJCDC) efforts to rehabilitate a long-derelict downtown church got a $750,000 boost via a grant from the New Jersey Historic Preservation Trust last month. The announcement came as part of a total of more than $10 million awarded to ...

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PATERSON, NJ - As elections officials continued to count ballots Wednesday Mayor Andre Sayegh declared the residents in the Third Ward neighborhood surrounding Bear Track Park victorious.  The reopened pocket park, nestled along the busy 5th Avenue between East 24th and East 25th Streets, has ...

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PATERSON, NJ – The New Jersey state Legislature granted a two-year extension for the city to use its $130 million in economic development tax credits. On Thursday, both houses approved bills to push back the deadline to Dec. 31, 2023 and sent the legislation to Gov. Phil Murphy’s ...

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PATERSON, NJ - Up until Thursday Richard Moore, 20, was a Paterson resident with big dreams of a successful music career. Today, he still has those same dreams, but as a resident of Linden, the next stop in a journey he hopes will take him to California. Living in what one might refer to as a ...

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PATERSON, NJ - When Mayor Andre Sayegh announced that Paterson had been selected as the host city for a compassionate care cannabis dispensary he said that it showed the city was “once again  on the right side of innovation.” He also promised that as the New Jersey home to Green Thumb Industries ...

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PATERSON, NJ  – A project previously approved by the Paterson Planning Board that will bring 56 units of affordable housing to several currently vacant lots near St. Joseph's Health won the additional support of the Paterson City Council through their granting of a 30-year PILOT tax abatement ...

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Just days left for small landlords to apply to receive COVID-relief funding for up to 4 months of missed or reduced rent between April and July 2020. TRENTON, NJ – There is still time for vulnerable tenants and landlords to benefit from the New Jersey Housing Mortgage and Finance Agency’s ...

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PATERSON, NJ - An effort to reinvigorate the 21st Avenue shopping and restaurant corridor caused disruptions Wednesday as dozens of vehicles failed to adhere to the newly established one way traffic system. With the changes, traffic on the former two-way thoroughfare will only be able to travel ...

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PATERSON, NJ – In the era of COVID-19, more and more people are looking for a place to safely and easily escape to. With quarantining requirements in place between many states, staying close to home has become the norm and road trips have become the preferred way to briefly get away. To help ...

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PATERSON, NJ - A groundbreaking event to mark the start of construction of a 19-unit apartment complex on Rosa Parks Boulevard took a turn Tuesday as area resident Lori Taylor-Sessions questioned whether the proposed project was one that would really help cure the ills that currently plague the ...

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NEWARK, NJ - The City of Paterson will work with local medical and social service providers to remove lead paint in 66 low-income housing units with children, thanks to a $3.4 million grant announced Friday by U.S. Senators Bob Menendez and Cory Booker, and Congressman Bill Pascrell, Jr. (N.J.-09).

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TRENTON, NJ - The redevelopment of historic Hinchliffe Stadium, as well as the construction of 75 units of senior affordable house, 5,000 square-feet of childcare space, and a 315-space parking garage took a major step forward Thursday. At their September 17 meeting the New Jersey Housing and ...

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PATERSON, NJ - For years Paterson’s Ed Cotton stood center stage, or center ring, in some of professional boxing’s biggest matches. Yet, even with this his fame as a respected referee, he never wavered in his commitment to his hometown. “Everywhere we traveled around the world people knew that ...

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The New Jersey Pandemic Relief Fund (NJPRF), a non-profit organization created to address the health and economic crisis in New Jersey caused by the coronavirus pandemic, is providing $2.35 million for critically needed free legal and counseling services to thousands of people and families facing ...

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PATERSON, NJ - A new four-story, 56 unit, apartment building now stands where an abandoned building formerly represented urban blight. Under bright, sunny skies, Mayor Andre Sayegh joined with the developers, and other community leaders to salute "a five-star complex.” “This project represents ...

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