TRENTON – Legislation sponsored by Senate Environment and Energy Committee Chairman Bob Smith (D-Middlesex) and Senator Paul Sarlo (D-Bergen, Essex, Passaic) that would allow developers to qualify for low-interest loans from the New Jersey Economic Development Authority (NJEDA) when building a high performance green building was cleared yesterday by the full Senate.
“This bill would provide financial incentives for builders and developers to create environmentally sustainable buildings, exactly the kind of development we need to be encouraging in New Jersey,” said Smith. “In addition to being environmentally sound, energy efficiency and green buildings help create jobs and economic growth.”
