Extends deadline for submission of temporary certificate of occupancy for certain qualified residential projects or mixed-use parking projects under Economic Redevelopment and Growth Grant program to June 30, 2032.
Substituted by A4525
Summary
The bill lengthens the date by which developers of qualified residential or mixed‑use parking projects must submit a temporary certificate of occupancy to receive Economic Redevelopment and Growth Grant credits. This gives developers more time to meet the paperwork requirement and still qualify for tax incentives. The change applies only to projects covered by the grant program and does not alter the amount of credits available.
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