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Committee releases bill to authorize regional economic development partnerships; DCA raised transparency concerns
Summary
S-2099, authorizing regional economic development partnerships, was released by the committee with broad industry support; Department of Community Affairs (DCA) raised concerns about transparency and potential conflicts, the sponsor said those would be addressed in further discussions.
The committee released S-2099, which authorizes the establishment of regional economic development partnerships intended to foster coordinated planning, redevelopment and affordable-housing initiatives across municipal boundaries.
Several business organizations registered support and did not testify, including the New…
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