Revenue from Payments In Lieu Of Taxes (PILOT) increased last year by 30 percent, about $845,000, and this year’s municipal budget anticipates another increase of 26 percent, or almost $720,000.
Continue reading A closer look at PILOTS in 2024 municipal budget
The proposed municipal budget for 2021 includes almost $1.8 million in anticipated Payments In Lieu Of Taxes (PILOT), with at least two new developments expected to add $190,000 this year.
The beginning of a new year seems like an appropriate time as any to look back over the previous year and while we’re at it, update the redevelopment map on the site.
It’s a little late this year but here’s a look the most popular posts during 2018.
More than five years after the original concept of an affordable housing development geared toward artists was presented to the Redevelopment Agency, The Willows at Rahway, will host its grand opening with a ribbon cutting on May 1.
Public safety, youth programs and economic development were the primary themes for Interim Mayor Raymond Giacobbe, Jr., in his first State of the City address on Thursday night.
With 2017 in the books, let’s have a look at the most popular posts of the year, as judged by you, the reader, based on most page views.
Applications began being accepted last week for The Willows at Rahway, a 58-unit affordable housing complex with a preference for artists, with occupancy aimed for the spring.