N.J. Admin. Code § 5:7-1.2

Current through Register Vol. 57, No. 1, January 6, 2025

Section 5:7-1.2 - Eligible applicants

(a) Only those municipalities that are eligible to receive State aid under P.L. 1977, c.260 (N.J.S.A. 52:27D-162 et seq.) or P.L. 1978, c.14 (N.J.S.A. 52:27D-178 et seq.) shall be eligible to participate in this loan program.

(b) Application on behalf of an eligible municipality may be made by the governing body or, with the consent of the governing body, by a redevelopment agency, housing authority or other agency created by the municipality with authority for land development.