Grants and Funding
The Commonwealth of Pennsylvania recently announced improvements to a key economic development program, the Redevelopment Assistance Capital Program (RACP). Among other efficiencies, the Commonwealth has streamlined the application process by replacing the 22-tab Application & Business Plan with a more efficient, 10-section fillable Project Management Proposal post-award application process. Ultimately, the changes will provide a […]
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The New Brunswick Development Corporation (Devco) engaged ESI to analyze the potential economic impacts and conduct a Net Benefit Test for the proposed New Brunswick Health + Life Sciences Exchange Development. The 12-story building will be the home to the new Rutgers University Robert Wood Johnson Medical School, a comprehensive translational research facility for Rutgers […]
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Established within New Jersey’s Economic Recovery Act of 2020, and operated by the New Jersey Economic Development Authority (NJEDA), the Aspire Program is a gap financing tax credit program that supports strategic commercial, mixed use, and residential real estate development projects. ESI provides analytical and advisory services assistance to clients who are interested in seeking […]
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Cities and states across America are beginning to take more strides toward fully adopting electric vehicles (EVs) and integrating them into the fabric of their road and urban infrastructure. The benefits of making the switch from internal combustion engines (ICE) to EVs are growing and well documented, and their popularity has also grown significantly in […]
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Rebuilding American Infrastructure with Sustainability and Equity, or RAISE Transportation Discretionary Grant program (formerly known as BUILD), provides a unique opportunity for the U.S. Department of Transportation to invest in road, rail, transit and port projects that promise to achieve critical national objectives. Determining the costs, benefits, and positive impacts of large infrastructure projects requires […]
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As you unwind this Memorial Day weekend, sit back, kick your feet up, relax and read through our Present Value Blog, along with a few other fascinating articles. Whether you’re outside soaking up the sun or supporting the 76ers from your living room, remember to stay safe and sanitize! Activities to Do This Holiday […]
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