New Jersey Educational Facilities Authority

New Jersey Educational Facilities Authority

Executive Director's Corner

SCCC Academic Center Groundbreaking Ceremony

Wednesday, May 8, 2019

Newton, May 6, 2019 – NJEFA Executive Director Eric Brophy accompanied Sussex County Community College President Dr. Jon H. Connolly, Chair – Board of Trustees, William P. Curcio, and Vice President of Academic Affairs, Dr. Mercedes Aguirre Batty, in breaking ground on Sussex County Community College’s new, 13,000 square-foot Academic Center.

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P3’s to Help New Jersey Colleges’ Funding Woes

Wednesday, March 20, 2019

Public-Private Partnerships (P3s) critical importance to helping New Jersey’s public colleges, universities and other public entities solve infrastructure needs was the consensus of professionals and industry experts at the New Jersey Alliance for Action’s Public-Private Partnership (P3) Conference on Friday, March 15th.

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2018 Year-End Review

Thursday, January 31, 2019

Consistent with national trends, the year 2018 for the New Jersey Educational Facilities Authority (the “Authority” or “NJEFA”) was characterized by a sharp decline in bond financing activity on behalf of   the State’s colleges and universities.

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NJEFA staff learns intricacies of public-private partnerships

Friday, January 11, 2019

On Tuesday, January 8, 2019 the Association for the Improvement of American Infrastructure (AIAI) visited New Jersey Educational Facilities Authority’s (the “Authority” or “NJEFA”) office in Princeton, New Jersey to educate NJEFA staff on the intricacies of public-private partnership  transactions.

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NJEFA Expands Services, Modernizes Tax-Exempt Leasing Program

Tuesday, December 18, 2018

On November 27, 2018 the New Jersey Educational Facilities Authority (‘NJEFA”) Board voted unanimously to reauthorize and launch NJEFA’sTax-Exempt Leasing Program (“TELP”). The modernized leasing program offers New Jersey higher education institutions a low-cost financing option for various capital needs. Under the new TELP, institutions may now lease equipment, vehicles, educational space, computers, software, and more, through the Authority.

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