Author: Todd DeFeo

Feds forgive millions in Superstorm Sandy loans to New Jersey towns

The stopgap measure approved last week to avoid a government shutdown includes a provision to forgive at least $30 million in outstanding federal loans for New Jersey towns impacted by Superstorm Sandy nine years ago. More than 20 municipalities across the Garden State have outstanding Community Disaster Loan (CDL) balances. The loans, administered by the Federal Emergency […]

New Jersey looking to dole out $30.1 million for road, bridge projects

The New Jersey Department of Transportation (NJDOT) is looking to allocate $30.1 million in grants to help communities statewide improve roads and bridges with heavy truck traffic. The grants are part of the fiscal 2022 Local Freight Impact Fund (LFIF) program, created in October 2016 by the Transportation Trust Fund (TTF) reauthorization. The money ostensibly […]