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Home»Fund»$100 million grant awarded to Boardwalk Preservation Fund
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$100 million grant awarded to Boardwalk Preservation Fund

The Elite Times TeamBy The Elite Times TeamFebruary 26, 2024No Comments4 Mins Read
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February 26, 2024

Approximately $100 million in Boardwalk Preservation Fund grants have been awarded to 18 municipalities to help them address the boardwalk’s most critical and needed funding needs in their communities. Administered by the New Jersey Department of Community Affairs (DCA), this grant will help Jersey Shore communities remain vibrant tourist destinations in the long term by increasing storm resiliency and investing in long-lasting, state-of-the-art materials. We also aim to help you continue to exist. infrastructure.

“Many of us have made memories with family and friends on the Jersey Shore boardwalks. Our boardwalks have long been valued destinations, and we are proud that our coastal communities will We want to keep it that way by helping to restore and maintain our streets,” said Governor Phil Murphy. “We look forward to all the important projects that will result from our investment in the Boardwalk Preservation Fund. The grant awards announced today are a meaningful step in preserving the health and vitality of these special places. It will be.”

“We recognize that boardwalks are an economic driver for many coastal towns and cities. They are also incredibly expensive for local governments to maintain, repair and enhance.” said DCA Acting Director Jacqueline A. Suarez. “To support this important state asset, the Murphy Administration created the Boardwalk Preservation Fund to ease the financial burden on local governments when improving their boardwalks. These grant awards will help develop our boardwalks. , we are confident that it will continue to inspire and delight visitors for many years to come.”

The Boardwalk Preservation Fund is made possible with federal funding from the American Rescue Plan (ARP) Coronavirus State and Local Financial Recovery Fund, which the Governor and Legislature have dedicated to a series of economic recovery and revitalization projects across New Jersey. became.

New Jersey coastal counties and municipalities with existing trails seeking funding for trail construction, repair, and maintenance were eligible to apply. The application deadline was October 31, 2023.

Eligible projects had to meet at least one of the following criteria: trail construction adding new trail components, trail maintenance, trail reconstruction, or repair of ancillary or accessory structures.

Examples of projects include replacing old, crumbling decks along boardwalks with resilient, long-lasting materials. Replacing aging pilings and boardwalk infrastructure. Improve access and safety by building ADA-compliant ramps and railings. Expand existing sections of the boardwalk. and provide grants to businesses that need to complete renovations to coincide with the construction of the proposed boardwalk.

Applications must demonstrate the clarity and detail of the project description, the purpose of the funding, a breakdown of phases and timelines for completing all work according to ARP deadlines, demonstrated ability to meet project deadlines, and other federal, state, or scored by local government identification. Funds matched by grants. Municipalities with distress scores in the top 50 on the 2020 Municipal Vitality Index, the state’s official measure of municipal distress, were not required to identify a local match.

To ensure that the Boardwalk Preservation Fund addresses the most pressing needs for coastal boardwalks, funding for coastal municipalities facing financial hardship will rank projects in order of municipal distress relief. This was given priority.

Boardwalk Preservation Fund grant recipients are:

grant recipient Prize amount
Asbury Park 20 million dollars
atlantic city 20 million dollars
Belmar Borough $1,504,184
berkeley township $448,125
bradley beach $4,275,000
brigantine $1,185,838
Cape May City $6,722,552
Carteret Borough $2,417,339
Keyport Ward $800,694
long branches $3,249,000
north wildwood $10,259,827
ocean city $4,859,175
sea ​​isle city $1,997,000
Seaside Heights $4,795,362
toms river $1,018,441
Ventnor $7,110,689
wildwood city $8,269,013
Wildwood Crest Borough $1,087,425

All grants are due by December 31st and grant recipients must spend by December 31st, 2026.

DCA’s Disaster Recovery and Mitigation Division promotes the long-term resiliency of New Jersey’s communities by supporting efforts to strengthen homes, businesses, and infrastructure against severe weather events and flood damage. The Department is also the grant administrator for the Coronavirus State Fiscal Reconstruction Fund (SFRF) and Coronavirus Capital Project Fund allocated to New Jersey through the American Rescue Plan Act.

In addition to disaster recovery and mitigation, DCA provides a wide range of programs and services including municipal management and finance, affordable housing production, fire protection, building safety, community planning and development, historic preservation, and information privacy. I am.

For more business news, visit NJB News Now.

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