Nicole Friant, who serves as pro bono counsel for Duane Morris, announced a commitment by the firm to help victims of Super Storm Sandy. Duane Morris has formed a Sandy Relief legal clinic with Volunteer Lawyers for Justice in Atlantic City. The clinic is staffed by Duane Morris lawyers who volunteer to provide legal assistance to victims of Super Storm Sandy who are still working to overcome the aftermath of Sandy and rebuild their lives. The clinic is located at St. Andrew By the Sea Lutheran Church, 936 Baltic Avenue, Atlantic City, NJ 08401.
Deadline Extended for NYC Build it Back
Richard Dyer a partner in the New York City of Duane Morris reports that the deadline to register for the NYC Build it Back extended to Oct 31st. This program is intended to help Sandy victims repair, rebuild, get reimbursed for expenses incurred or sell their homes. The program is funded from the $645 million from Federal disaster recovery funds approved by Congress. To date there have been over 20,000 registrations to participate in the program. See the City’s press release at http://www.nyc.gov/html/recovery/downloads/pdf/nyc-build-it-back-deadline-extension.pdf.
New Jersey Enacts Economic Opportunity Act of 2013
The New Jersey Economic Opportunity Act of 2013 (the “Act”) was signed into law on September 18, 2013. The Act is intended to promote job creation and the redevelopment of urban centers, suburban office parks and areas impacted by Hurricane Sandy by expanding state programs that offer tax incentives. The Act phases out three existing programs and expands two existing programs: the Grow New Jersey Assistance (“Grow NJ”) Program and the Economic Redevelopment and Growth (“ERG”) Program. The Grow NJ Program provides incentives and tax credits for businesses that invest and create jobs in New Jersey. Under the Act the Grow NJ Program provides bonus tax credits for mega projects and projects located in Urban Transit Hubs and the Garden State Growth Zone, and lowers minimum capital investments and job creation requirements for 8 counties including Camden and Atlantic counties. Continue reading “New Jersey Enacts Economic Opportunity Act of 2013”