Development Incentives & Business Opportunities

Unlock your project’s potential with comprehensive financial incentives, tax credits, and development programs available to developers and businesses in Atlantic City and throughout New Jersey.

Choose your development focus below to discover targeted resources designed for your specific project type.

 

Commercial & Business Development

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Tax credits, financing, and incentives for job-creating businesses

Whether you’re expanding an existing business, relocating operations, or starting a new venture, New Jersey offers powerful incentives to support commercial development and job creation.

Available Programs
  • Grow NJ Assistance Program (NJEDA) – Tax credits up to $15,000 per job for qualifying businesses
  • Economic Redevelopment and Growth Program (NJEDA) – Financing for transformational development projects
  • New Jersey Opportunity Zones – Capital gains tax deferrals and elimination for long-term investments
  • NJEDA Direct Lending – Gap financing and bond financing for large-scale developments
Best For

Manufacturing, technology companies, corporate relocations, retail developments, and businesses creating 25+ jobs.

 

Affordable & Multifamily Housing Development

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Comprehensive financing and tax credit programs for residential developers

Access the full spectrum of affordable housing development tools, from tax credits to direct financing, designed to make quality housing projects financially viable.

Available Programs
  • Low Income Housing Tax Credits (NJ HMFA) – Federal tax credits for affordable housing development
  • Multifamily Housing Production Programs (NJ HMFA) – Direct financing for affordable housing projects
  • Neighborhood Revitalization Tax Credit Program (DCA) – Tax credits for community development projects
  • Community Development Block Grant (Atlantic City) – Federal funding for housing rehabilitation and development
  • New Jersey Opportunity Zones – Tax advantages for qualifying residential developments
Best For

Affordable housing developers, multifamily rental projects, mixed-income developments, and housing rehabilitation projects.