State Codes and Statutes

Statutes > New-jersey > Title-52 > Section-52-9q > 52-9q-21

52:9Q-21.    Considerations
    With respect to projects for which costs are to be financed by the corporation pursuant to this act, the corporation shall in approving the financing for those projects, and in the planning and undertaking of its own projects, consider the following:

   a.   The economic feasibility of the project;

   b.   The degree to which the project will advance the goals and objectives set forth in the plan; and

   c.   The likelihood that the project shall, after its completion, be able to repay to the fund all or part of any financing costs incurred.

   L. 1987, c. 58, s. 13.

State Codes and Statutes

Statutes > New-jersey > Title-52 > Section-52-9q > 52-9q-21

52:9Q-21.    Considerations
    With respect to projects for which costs are to be financed by the corporation pursuant to this act, the corporation shall in approving the financing for those projects, and in the planning and undertaking of its own projects, consider the following:

   a.   The economic feasibility of the project;

   b.   The degree to which the project will advance the goals and objectives set forth in the plan; and

   c.   The likelihood that the project shall, after its completion, be able to repay to the fund all or part of any financing costs incurred.

   L. 1987, c. 58, s. 13.