New Jersey will provide $204 million this year for projects in the city that include vacant structure demolition, road improvements, and utility upgrades, Gov. Phil Murphy announced Wednesday.
The fiscal year 2023 state budget will provide $180 million of the total amount, with $100 million from the Municipal Aid Program. The remainder, about $24 million, will come from Transitional Aid program money not spent from the 2022 state budget.
“To be sure, I say this unequivocally, Camden is a city on the rise,” Murphy said at a mid-day news conference at City Hall. “A city that’s focused on doing right by the residents and businesses who call this place home through some tough times, as it is in attracting the new residents and businesses whose presence continues to brighten its future.”
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