Areas in Need of Rehabilitation Exploring the Potential and Limitations



Similar documents
NJ STATE LEAGUE OF MUNICIPALITIES 2014 ANNUAL CONFERENCE ATLANTIC CITY, NJ NOVEMBER 19, 2014

LOCAL REDEVELOPMENT AND HOUSING LAW. This act shall be known and may be cited as the "Local Redevelopment and Housing Law."

[Second Reprint] SENATE, No. 123 STATE OF NEW JERSEY. 217th LEGISLATURE PRE-FILED FOR INTRODUCTION IN THE 2016 SESSION

The Urban Renewal Authority of Pueblo

Borough of Glassboro, New Jersey May Redevelopment Plan for Rehabilitation In the Borough of Glassboro May 2010

P.P. Exam Prep Class Local Redevelopment and Housing Law (N.J.S.A. 40A:12A) Cheryl Bergailo, P.P., AICP. Contact info:

Designation of Areas in Need of Rehabilitation

LexisNexis (TM) New Jersey Annotated Statutes

Tashman Johnson LLC Consultants in Policy, Planning & Project Management

15 LC S A BILL TO BE ENTITLED AN ACT

Paul C. Benedetti URBAN RENEWAL AUTHORITY AND URBAN RENEWAL PROJECTS

ARTICLE 345. Tax Incremental Financing Plan

AMENDED AND RESTATED CITY OF LAS VEGAS REDEVELOPMENT PLAN FOR ALL EXISTING REDEVELOPMENT AREAS AND REDEVELOPMENT EXPANSION AREAS A - F

LEGISLATIVE GUIDE TO URBAN RENEWAL AND TAX INCREMENT FINANCING

Chapter 25 Utah Residential Rehabilitation Act

CHAPTER 18. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey:

ECONOMIC RECOVERY BOARD FOR CAMDEN

Legislative findings and declaration of purpose. Pennsylvania Economic Revitalization Fund.

CHAPTER 102. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey:

Contractors Registration Act NJSA 56:8 136 et seq.

ARTICLE 10 NEW YORK STATE TRANSPORTATION CORPORATION LAW ARTICLE 10 SEWAGE-WORKS CORPORATIONS SECTION 115. DEFINITIONS.

CERTIFICIATE OF INCORPORATION BAY CROSSING HOMEOWNERS ASSOCIATION, INC.

KALAMAZOO DOWNTOWN DEVELOPMENT AUTHORITY BUILDING REHABILITATION PROGRAM

1672 Act LAWS OF PENNSYLVANIA. No AN ACT

RULES OF TENNESSEE HOUSING DEVELOPMENT AGENCY RENTAL HOUSING LOAN PROGRAM TABLE OF CONTENTS

CITY OF MANCHESTER Economic Development Office

SHARED SERVICES WORKING TOGETHER. A Reference Guide to Joint Service Delivery

ACTS, Chap. 527.

PLAINFIELD CHARTER TOWNSHIP KENT COUNTY, MICHIGAN ORDINANCE NO. RESOLUTION NO.

AN ACT CONCERNING CHANGES TO CERTAIN HOUSING STATUTES. Be it enacted by the Senate and House of Representatives in General Assembly convened:

05 SB270/AP. Senate Bill 270 By: Senators Williams of the 19th, Whitehead, Sr. of the 24th and Kemp of the 46th A BILL TO BE ENTITLED AN ACT

Higher Education Component New Jersey Economic Stimulus Act of 2009 A4048/S2299SCS (Roberts/Coutinho/Diegnan/Wisniewski/Lesniak)

Nova Scotia Business Incorporated Act

AN OVERVIEW OF ARKANSAS TAX INCREMENT FINANCING DISTRICT LAW. Tax increment financing districts, otherwise known as "redevelopment" or "TIF"

12 USC 1715z-7. NB: This unofficial compilation of the U.S. Code is current as of Jan. 4, 2012 (see

Title 13 PUBLIC SERVICES. Chapters: Water Service System Sewer Service System Water Emergencies Chapter WATER SERVICE SYSTEM

2 Be it enacted by the People of the State of Illinois, 4 Section 1. Short title. This Act may be cited as the

Historic Preservation in Housing and Community Development. Linking Historic Preservation to Community Development Block Grant Objectives

Agreement # INTERLOCAL AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY OF NORTH OGDEN CITY AND WEBER COUNTY

ASSEMBLY, No STATE OF NEW JERSEY. Introduced Pending Technical Review by Legislative Counsel PRE-FILED FOR INTRODUCTION IN THE 1996 SESSION

OBSOLETE PROPERTY REHABILITATION ACT Act 146 of The People of the State of Michigan enact:

ASSEMBLY, No. 441 STATE OF NEW JERSEY. 211th LEGISLATURE PRE-FILED FOR INTRODUCTION IN THE 2004 SESSION

IHDA 47 ILLINOIS ADMINISTRATIVE CODE 355 TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY

Taking Control: Effective Property Acquisition Strategies

APPENDIX A - CHARTER ORDINANCES

15 LC A BILL TO BE ENTITLED AN ACT

Urban Transit Hub Tax Credit

TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY

New Jersey Department of Community Affairs Division of Codes and Standards Landlord-Tenant Information Service

Chapter 13: Implementation Plan

N.J.A.C. 6A:26, EDUCATIONAL FACILITIES TABLE OF CONTENTS

The I-195 Redevelopment District Commission. Rules and Regulations for the I-195 Redevelopment Project Fund

Holly C. Bakke, Commissioner, Department of Banking and Insurance.

RENT CONTROL. Chapter 169 RENT CONTROL. Establishment of Rent Leveling Board, Members, Appointments, and Terms.

Standardized Forms for Performance Guarantees 5:36-4 STANDARDIZED FORMS FOR PERFORMANCE GUARANTEES

G. Syracuse RESTORE III The Connective Corridor: Building Upwards (W828) June 24, General Project Plan

Condominium Act TITLE 46 - PROPERTY Section 46:8

AGREEMENT BY AND BETWEEN THE CITY OF DAVIS, NISHI GATEWAY LLC Relating to the Development of the Property Commonly Known as the Nishi Property

CHAPTER 31 COMMUNITY REVITALIZATION TAX RELIEF INCENTIVE

SENATE, No STATE OF NEW JERSEY. 216th LEGISLATURE INTRODUCED MARCH 12, 2015

Town of Shellbrook. Adopted By Council. Town of Shellbrook

Draft Model Social Infrastructure PPP Bill

Chapter 10. Acquisition of Real Property

A. Definitions. For the purposes of this Section 161-2, certain words and phrases are defined as follows:

211 CMR: DIVISION OF INSURANCE 211 CMR : INSURANCE SALES BY BANKS AND CREDIT UNIONS

Guide to Planning and Zoning Laws of New York State

CRA/LA East Valley Region Business Assistance Program. PROMISSORY NOTE (for Property Owner)

POLICY NUMBER: C450B SUPERSEDES: C450A. Policy to Encourage the Designation and Rehabilitation of Municipal Historic Resources in Edmonton

BEACON AVENUE URBAN RENEWAL PROJECT

Vacant Properties Rehabilitation Program

C. Owego RESTORE III Historic Central Business Restoration (W846) August 16, General Project Plan. Village of Owego ( Owego or the Village )

HB What does it mean to me?

How To Get A Tax Credit In Rhode Island

Proposed Repeals and New Rules: N.J.A.C. 11:3-8.4 and 8.5 and 11:3-8 Appendix. Proposed Repeals: N.J.A.C. 11:3-2.13, 19A.7, 35, 35A, 40, 44, and 47

INTERNATIONAL COLLECTIVE INVESTMENT SCHEMES LAW

State Law in Virginia affecting Local Codes & Ordinances

RESOLUTION TO BORROW AGAINST ANTICIPATED DELINQUENT 2013 REAL PROPERTY TAXES

Charter Township of Orion Oakland County, Michigan

Policy No.: F-7 CITY OF OLATHE COUNCIL POLICY STATEMENT. Date Issued: Effective Date: Cancellation Date:

PRIMARY RENOVATION COST RECOVERY REGULATIONS Section Adopted June 2, 2005 Amended September 19, 2013

STATE OF RHODE ISLAND HISTORICAL PRESERVATION & HERITAGE COMMISSION HISTORIC PRESERVATION INVESTMENT TAX CREDIT REGULATION

PART 252 SERVICE-DISABLED VETERAN-OWNED-BUSINESS ENTERPRISE PROGRAM. (Statutory authority: Executive Law, 200, 369-i[5])

RESOLUTION NO. RESOLUTION TO JOIN SCHOOLS HEALTH INSURANCE FUND

Transcription:

Areas in Need of Rehabilitation Exploring the Potential and Limitations New Jersey Future Redevelopment Forum March 4, 2011 at Hyatt Hotel and Conference Center New Brunswick

Areas In Need of Rehabilitation Introductions and Overview Opportunities and Constraints of the Law Anne Babineau Redevelopment Plans for Rehabilitation Areas Dave Roberts Practical Applications Woodbridge & Bloomfield Marta Lefsky Ray McCarthy Summary, Q&A Phil Morin

Rehabilitation Area May be Best Way to Proceed As the brochure for this session says: successful redevelopment of an area does not always have to involve the acquisition, clearance and assemblage of multiple properties for new buildings and uses

Legal Provisions that provide Tools Rehab Area - what qualifies? Rehab Area how is one designated? Local Redevelopment & Housing Law - Tools Short Term Tax Exemption UEZ

Rehabilitation Area - Definition A delineated area may be determined to be in need of rehabilitation if the governing body of the municipality determines by resolution that there exist in that area conditions such that: (1) a significant portion of structures therein are in a deteriorated or substandard condition and there is a continuing pattern of vacancy, abandonment or underutilization of properties in the area, with a persistent arrearage of property tax payments thereon or (2) more than half of the housing stock in the delineated area is at least 50 years old, or a majority of the water and sewer infrastructure in the delineated area is at least 50 years old and is in need of repair or substantial maintenance; and (3) a program of rehabilitation, as defined in section 3 of P.L.1992, c. 79 (C.40A:12A-3), may be expected to prevent further deterioration and promote the overall development of the community.

Rehabilitation Area How is one designated? Governing body shall submit proposed Resolution to the municipal planning board for its review. Within 45 days of its receipt of the proposed resolution, the municipal planning board shall submit its recommendations regarding the proposed resolution, including any modifications which it may recommend, to the governing body for its consideration. Thereafter, or after the expiration of the 45 days if the municipal planning board does not submit recommendations, the governing body may adopt the resolution, with or without modification.

Municipality can indicate its objectives in a Redevelopment Plan for a Rehab Area The redevelopment plan shall include an outline for the planning, development, redevelopment, or rehabilitation of the project area sufficient to indicate: (1) Its relationship to definite local objectives as to appropriate land uses, density of population, and improved traffic and public transportation, public utilities, recreational and community facilities and other public improvements.

LRHL Tools pursuant to Redevelopment Plan In accordance with the provisions of a redevelopment plan, a municipality or redevelopment entity may proceed with clearance, replanning, conservation, development, redevelopment and rehabilitation of an area in need of rehabilitation. With respect to a redevelopment project in an area in need of rehabilitation, the municipality or redevelopment entity, upon the adoption of a redevelopment plan for the area, may perform any of the actions set forth in section 8 of LRHL, except [condemnation]

LRHL Section 8 Upon the adoption of a redevelopment plan pursuant to section 7 of P.L.1992, c. 79 (C.40A:12A-7), the municipality or redevelopment entity designated by the governing body may proceed with the clearance, replanning, development and redevelopment of the area designated in that plan. In order to carry out and effectuate the purposes of this act and the terms of the redevelopment plan, the municipality or designated redevelopment entity may:..

Section 8 - Redevelopment Agreements Arrange or contract with public agencies or redevelopers for the planning, replanning, construction, or undertaking of any project or redevelopment work, or any part thereof;

Section 8 - Loans to redevelopers as part of any such arrangement or contract, provide for extension of credit, or making of loans, to redevelopers to finance any project or redevelopment work

Section 8 - Grants to redevelopers or upon a finding that the project or redevelopment work would not be undertaken but for the provision of financial assistance, or would not be undertaken in its intended scope without the provision of financial assistance, provide as part of an arrangement or contract for capital grants to redevelopers;

Section 8 - Transfer Property without bidding g. Lease or convey property or improvements to any other party pursuant to this section, without public bidding and at such prices and upon such terms as it deems reasonable, provided that the lease or conveyance is made in conjunction with a redevelopment plan, notwithstanding the provisions of any law, rule, or regulation to the contrary.

Section 8 - Encourage Improvements to Area j. Make, consistent with the redevelopment plan: (1) plans for carrying out a program of voluntary repair and rehabilitation of buildings and improvements; and (2) plans for the enforcement of laws, codes, and regulations relating to the use and occupancy of buildings and improvements, and to the compulsory repair, rehabilitation, demolition, or removal of buildings and improvements.

Section 8 - Market the opportunities available in the Area m. Publish and disseminate information concerning any redevelopment area, plan or project.

Also Power to Grant Short Term Tax Abatement and Exemption The governing body of a municipality may determine to utilize the authority granted under Article VIII, Section I, paragraph 6 of the New Jersey Constitution, and adopt an ordinance setting forth the eligibility or noneligibility of dwellings, multiple dwellings, or commercial and industrial structures, or all of these, for exemptions or abatements, or both, from taxation in areas in need of rehabilitation.

But No Power to Acquire Property by Condemnation With respect to a redevelopment project in an area in need of rehabilitation, the municipality or redevelopment entity, upon the adoption of a redevelopment plan for the area, may perform any of the actions set forth in section 8, except that with respect to such a project the municipality shall not have the power to take or acquire private property by condemnation in furtherance of a redevelopment plan, unless: a. the area is within an area determined to be in need of redevelopment pursuant to this act; or b. exercise of that power is authorized under any other law of this State.

And No Power to Grant A Long Term Tax Exemption (LTTE) The rehabilitation or improvements made in the development or redevelopment of a redevelopment area or area appurtenant thereto or for a redevelopment relocation housing project, pursuant to P.L.1991, c. 431 (C.40A:20-1 et seq.), shall be exempt from taxation for a limited period as hereinafter provided.

Except: LTTE is authorized in UEZ Area (UEZ = ANR for this purpose) g. In any municipality in which an enterprise zone has been designated pursuant to the "New Jersey Urban Enterprise Zones Act," the execution of the actions prescribed in that act for the adoption by the municipality and approval by the New Jersey Urban Enterprise Zone Authority of the zone development plan for the area of the enterprise zone shall be considered sufficient for the determination that the area is in need of redevelopment pursuant to sections 5 and 6 of LRHL for the purpose of granting tax exemptions within the enterprise zone district pursuant to the provisions of [the LTTE].

Redevelopment Plan for the Rehab Area to use other powers The municipality shall not utilize any other redevelopment powers within the urban enterprise zone unless the municipal governing body and planning board have also taken the actions and fulfilled the requirements prescribed for determining that the area is in need of redevelopment or an area in need of rehabilitation and the municipal governing body has adopted a redevelopment plan ordinance including the area of the enterprise zone.

Redevelopment Area Bond Financing Requires Redevelopment Area a. A municipality that has designated a redevelopment area or a municipality in which a redevelopment project is undertaken by a State entity redeveloper pursuant to a State entity redevelopment agreement may provide for tax abatement within that redevelopment area and for payments in lieu of taxes Special assessment means an assessment upon the lands or improvements on such lands, or both, in the redevelopment area

Economic Growth Grants (Local) may pledge certain taxes or PILOTs in Rehab Area Provides authority to pledge: incremental payments in lieu of taxes, with respect to property located in the district, made pursuant to the "Five-Year Exemption and Abatement Law the property tax increment [But see: Proposed N.J.A.C. 19:31.41 local grants of property tax increments are limited only to those areas of redevelopment of blighted areas by limited divided corporations or those properties with five year exemptions or abatements in areas in need of rehabilitation. ]