NJRA Training Institute Offers New Virtual Courses

• Posted on: 09/16/2022

TRENTON, NJ  –The New Jersey Redevelopment Authority (NJRA), an affiliate of the New Jersey Department of Community Affairs (DCA), today announced upcoming fall training courses as part of its Training Institute (NJRA TI). NJRA TI offers intensive training courses for nonprofit and for-profit developers, professional consultants, licensed practitioners, entrepreneurs, and governmen t staff on the redevelopment and real estate development process in New Jersey.

NJRA TI courses, taught by industry leaders, are open to the public and offer intensive intermediate-level training courses, which focus on development and redevelopment fundamentals, topics, and issues.

“NJRA TI courses provide an opportunity for developers, small businesses, and entrepreneurs to learn how to make comprehensive investments in communities through New Jersey,” said Lieutenant Governor Sheila Y. Oliver, DCA Commissioner, who serves as the Chair of the NJRA board. “Don’t miss this opportunity to learn from industry experts with lived experience about important redevelopment topics and the economic outlook in the real estate and small business markets in New Jersey in 2023.”

NJRA TI is offering the following upcoming courses:

October 20, 2022

Understanding & Incorporating Tax Credits in your Project Funding Strategy ( LIHTC, NMTC, HTC)

Tax credits have been a valuable financing tool in advancing affordable housing, preservation, and community development. However, most developers are ill-informed and unprepared to access the 9% LIHTC, 4% Percent LIHTC/Bond, NMTCs, HTCs, and other tax credit incentive programs. This webinar will introduce these programs and how best to assess its suitability within a development project. The two-hour tax credit course has been constructed to provide practical details about how to best prepare for the various tax credits programs – Low Income Housing Tax Credits, New Markets Tax Credits, Historic Preservation Tax Credits, and other tax credit programs for real estate rehabilitation and development. The industry experts will also use hypothetical case studies illustrating how the specific tax credit programs can be used to stimulate private investment. Register at https://cvent.me/Zqawwa

December 8, 2022

2023 Economic Outlook along with Emerging Trends in Real Estate Development & Small Business

This webinar will provide insight into the economic outlook in the real estate and small business markets in New Jersey in 2023. Industry leaders will discuss new and emerging trends and opportunities in real estate development, real estate finance, and the small business market. Register at https://cvent.me/qvWBVw

“The NJRA understands the importance of education and the need for affordable redevelopment and real estate education for New Jersey communities,” said NJRA President & CEO Leslie A. Anderson. “Recognizing that many communities are still recovering from the pandemic, all course offerings have been lowered to $10. We hope as many people as possible take advantage of the expertise of the redevelopment professionals we’ve engaged with for these workshops.”

NJRA created the Training Institute (TI) in 2006 and it offers a multitude of intensive workshops in the areas of project finance, tax abatements, redevelopment planning law, tax credits, CDBG and Home Funds, and more. Since its creation, TI has trained over 2,000 attorneys, planners, elected officials, developers, and nonprofits from nine states across the country. In 2016, TI celebrated its tenth anniversary.

NJRA is a comprehensive resource center that focuses on improving the quality of life by creating value in New Jersey's urban communities. The Authority invests financial and technical resources into redevelopment projects and plans that will create a positive impact in eligible communities and ensures projects are urban-focused, neighborhood-based, and investment-driven.

For more information about DCA, visit https://nj.gov/dca/ or follow the Department on social media: