NJEDA Approves Funding to Activate 2 Vacant Buildings in Atlantic City
Posted November 22, 2024The New Jersey Economic Development Authority (NJEDA) has approved funding to purchase two vacant buildings in Atlantic City. The NJEDA has been working closely with the City to provide needed funding to spur major projects in the City. City of Atlantic City Mayor Marty Small, Sr. attended the recent NJEDA Board meeting, which was held in Atlantic City, to personally thank the State for their support.
Chicken Bone Beach Historical Foundation Inc. will receive a grant award of up to $1,824,569.00 to acquire a vacant property located at 14 N. Mississippi Avenue in Atlantic City’s Ducktown neighborhood. Ideal Education will receive a grant award of up to $703,000.00 to acquire a vacant 20,000 square foot building located at 7 South Carolina Avenue in the Midtown Neighborhood.