Authority Applications

Thank you for your interest in seeking financial assistance from the Casino Reinvestment Development Authority (CRDA). The CRDA is dedicated to facilitating economic and community development opportunities throughout the City. We are dedicated to the reinvestment of Atlantic City through the support and creation of various initiatives by leveraging its available assets and revenues with private investment capital to support various projects meant to revitalize Atlantic City. Given that, the CRDA oversees land use planning in the Tourism District; it also continues its mission to create new opportunities to attract visitors to Atlantic City.

Below you will find applications that correspond to both grant and loan opportunities. Once we receive your completed application, our team will review and evaluate your submission. You will be notified of our decision to proceed in the process for funding and we will indicate what the following steps will be in order to prepare your application for the review of the Board of Directors of the CRDA. The Board of Directors of the CRDA must approve all funding applications. No application is considered awarded unless the Executive Director and Board of Directors of the CRDA, approves your application and an executed grant agreement has been issued between parties. Please note that the processing timeframe for all applications typically range between 30 to 90 workdays.

Please make sure to follow all of the instructions provided within this application packet. Should you need technical assistance, please do not hesitate to reach out to John Tracy at (609) 347-0500. We look forward to working and collaborating with you to build a better future for Atlantic City.

Grant & Loans

Community Development

These projects are specific to the creation or support of community initiatives that build a stronger and more resilient Atlantic City. These projects should seek to make the Atlantic City community a stronger and more vibrant community for those who live, work and play here.

Tourism & Marketing

These projects are for initiatives such as special events, festivals, and concerts that will specifically benefit residents, visitors, and the Tourism District of Atlantic City. The projects should take into account the cultural and historic significance of the communities in Atlantic City.

*For events taking place on City property, applicants must secure special event permits for the event dates from the City of Atlantic City in advance of submitting the CRDA Grant Application. This permit must accompany the CRDA application.

Government

These projects are for New Jersey State, Atlantic County, City of Atlantic City, or local government under­taking projects in Atlantic City that will benefit Atlantic City.

When to Apply:

CRDA will accept proposals for Community Development, Tourism/Marketing, and Government grants during the periods of January 1 – February 28 and July 1 – August 31. See guidelines below for further details.

Economic Development

Economic development initiatives are those that seek to build major infrastructure areas in Atlantic City. This may include but not limited to initiatives in affordable housing, redevelopment and rehabilitation, small businesses and planning initiatives.

CRDA Micro-Loan Program

The New Jersey Casino Reinvestment Development Authority Microloan Program is designed for small businesses and economic development projects in Atlantic City. With $2 million in available funding, this program bridges the gap for entrepreneurs who face challenges securing traditional financing.

Program Highlights:

• Loan Amounts: Up to $500,000 per application
• Coverage: Up to 50% of total project costs
• Terms: Flexible 5-10 year repayment periods
• Timeline: Applications accepted starting July 1, 2025

What Projects Qualify?

The CRDA Microloan Program supports a wide range of economic development initiatives including:

• Construction projects
• Equipment purchases
• Permits and licensing
• Other qualifying business development costs

Eligibility Requirements:

• Minimum 20% equity contribution required
• Evidence of attempting conventional financing
• Personal guarantees for loans
• Compliance with prevailing wage requirements for construction

Ready to Apply?

Applications open July 1, 2025, and will be accepted on a first-come, first-served basis until funds are exhausted.

Sponsorship

The CRDA offers sponsorship opportunities for events in Atlantic City or for the direct benefit of the community of Atlantic City. These opportunities require an application with verification of organizational and event details. The opportunities are restricted in dollar amount, the organization applying must have an established record of accomplishment of events and also must be a 501(c)(3). If sponsorship funds are awarded, organizations are required to wait a minimum of one year from the date funds were issued to apply again. For more information on sponsorships, please call us at (609) 347-0500.