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Beginning in 1984, below-market-rate project financing became available statewide through the Casino Reinvestment Development Authority (CRDA). Projects proposed for loans must be financially feasible, secured, and qualify for a bond rating of "B" or better.
Funds can be used for construction, rehabilitation, acquisition and professional fees. The CRDA can provide both construction and permanent financing. Project fees can be capitalized in the loan.
To learn about the funding opportuity process, please click each of the four tabs above for more information
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