Green Acres Bond Acts Summary

GREEN ACRES BOND ACTS SUMMARY
TOTAL: $1.42 Billion
1961-1995

1961 $60 Million
- $ 40 million for State acquisition and development

- $ 20 million for Local acquisition (50/50 matching grants to municipalities and counties)

1971 $80 Million (Land acquisition only)

- $ 40 million for State acquisition

- $ 40 million for Local acquisition

1974 $200 Million (Funding for outdoor recreational development added)

- $100 million for State acquisition and development

- $100 million for Local acquisition and development

1978 $200 Million

- $100 million for State acquisition and development

- $100 million for Local acquisition and development (Half of which is to be spent in urban areas)

1983 $135 Million

- $52 million for State acquisition and development

- $83 million for Local acquisition and development.

1987 $ 35 Million - for Green Trust only

1989 $230 Million

- $ 80 million for State acquisition and development
- $120 million for Green Trust acquisition and development (loans & grants)

- $ 20 million for grants of up to 50% for eligible urban area acquisition and development projects.

1992 $200 Million

- $ 80 million for State acquisition and development

- $100 million for Green Trust acquisition and development (loans & grants)

1995 $250 Million (plus $30 Million for Blue Acres)

$ 105 million for State acquisition and development
$ 65 million for State acquisition

$40 million general acquisition

-$20 million for counties with population density of 1,000/sq. mile

-$ 5 million for Limited Practical Use/Pinelands

$ 40 million maximum for State development

$ 10 million for recreational development at Liberty State Park

$120 million for Green Trust acquisition and development (loans & grants).

$ 15 million in Nonprofit matching grants for land acquisition

$ 30 million for Blue Acres (administered by the Green Acres Program)

-$15 million for Coastal acquisition

-$15 million for Inland acquisition (Passaic River)

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