N.J. Admin. Code § 5:101-3.8

Current through Register Vol. 56, No. 24, December 18, 2024

Section 5:101-3.8 - Grant amount: capital grant

(a) The minimum capital grant awarded for a historic preservation project shall be $ 5,000. The maximum capital grant that may be allocated to any historic property, structure, or site in a funding round of the Garden State Historic Preservation Trust Fund is $ 750,000.

(b) For multi-phased construction projects, the minimum amount awarded shall be $ 1,000,000, awarded in two tranches of $ 500,000; at its discretion, the New Jersey Historic Trust may award two or more tranches of $ 750,000.

Amended by 55 N.J.R. 2474(a), effective 12/18/2023