The New Jersey Economic Development Authority announced on Thursday that it has expanded eligibility for the NJ Cool Program to include projects in all designated Overburdened Communities (OBC) and formally designated Adjacent Community census blocks per the State’s Environmental Justice Law.
NJ Cool Program provides grants to building owners and tenants undertaking retrofit construction projects that reduce greenhouse gas emissions from existing buildings.
Eligibility for the original pilot program only included projects in the municipalities of Atlantic City, Edison, and Newark. The Authority has now expanded eligibility to include projects in all designated Overburdened Communities (OBC) and formally designated Adjacent Community census blocks per the State’s Environmental Justice Law.
A full list of designated Overburdened Communities can be found here.
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The NJEDA will provide grants of up to $1 million to applicants for 50 percent of eligible project construction costs for emissions-reducing retrofit projects.
Projects are required to update the building’s heating or cooling system and can also include other energy efficiency measures or adding on-site renewable energy systems, such as solar panels.
In addition to reducing emissions, the program will accelerate the adoption of more environmentally friendly building systems, technologies, and construction practices within New Jersey.
Applications are currently open on a rolling basis.
