VAN DREW RELEASES STATEMENT ON MONDAY UEZ HEARING

Senator Jeff Van Drew (D-Cape May/Cumberland/Atlantic), chair of the Senate Community and Urban Affairs Committee, released the following statement on today’s committee hearing held to examine the role of the state’s Urban Enterprise Zone program in participating municipalities:

“We know that we have tremendous economic challenges in this state.

“At the end of the day, the only way we can truly solve these problems is by incentivizing private sector investment. In towns and cities across the state,Urban Enterprise Zones are already doing that.

“Today we heard from dozens of mayors and local officials, from Newark to Millville, who told success stories of drawing major companies to their cities to reduce unemployment, of helping small businesses open their doors to boost the local economy and of carrying out beautification projects that brought shoppers back to their downtowns.”