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Here's how U.S. infrastructure compares to the rest of the world


Here’s how U.S. infrastructure compares to the rest of the world
Ian Duncan
© Matt Rourke/AP
A Port Authority Transit Corporation train travels across the Benjamin Franklin Bridge in view of City Hall in Philadelphia last week. (AP/Matt Rourke)
The White House has framed investments in infrastructure as a matter of ensuring the nation’s global competitiveness, highlighting in its $2.3 trillion American Jobs Plan how the nation’s economy is the world’s largest and yet its infrastructure ranks No. 13.
Addressing Congress this week, President Biden said the nation has to “compete more strenuously than we have.” ....

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The New Jersey Economic Recovery Act Of 2020: An Overview Of The New Jersey Aspire Program | Greenbaum, Rowe, Smith & Davis LLP


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The New Jersey Economic Recovery Act of 2020 (ERA), a seven-year, $14 billion package of incentive programs intended to encourage New Jersey job growth, property development and redevelopment, community partnerships, and numerous other economic development initiatives, was signed into law by Governor Phil Murphy on January 7, 2021.
This Client Alert focuses on the New Jersey Aspire Program, enacted as part of the ERA to provide tax credit incentives to developers to help close project financing gap costs associated with commercial, mixed use, and residential real estate development projects that could otherwise prevent those projects from becoming a reality. The Aspire Act is poised to serve as the replacement program for the Economic Redevelopment & Growth (ERG) Program. ....

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