Utilizing “tools” made available to New Jersey municipalities through development and redevelopment “road maps” established in the state capital of Trenton, “Trenton redevelopment road maps” can serve as redevelopment catalysts. Municipalities are able to use these “tools” to designate special improvement districts within a municipality.
A special improvement district is a Business Improvement District. It’s an area within a municipality where businesses pay an additional tax which goes towards funding redevelopment projects undertaken in the designated district.
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