CRDA Project Funding

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.

Click on the links on the right for more information on CRDA financing programs.