“Assemblyman Albert Coutinho said he is interested in ‘upgrading’ the Economic Revitalization and Growth grant program, which allows developers to finance projects with expected future taxes,” according to the article. “Coutinho’s effort is likely to receive support from the New Jersey Smart Growth Economic Development Coalition, a group that includes many of the state’s largest business groups. Its founder, Ted Zangari, a real estate attorney with Sills Cummis & Gross in Newark, said enhanced incentives would make more projects possible.”
