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The recent adoption of the Redevelopment Area Bond Financing Law and the companion Revenue Allocation District Financing Act provide much needed new mechanisms that, in appropriate cases, will help provide the financial resources essential to rebuilding New Jersey’s cities and towns into world-class places to live and work.

New Jersey is the most densely populated state in the nation, and in the next 20 years it will become even more so, with the expected addition of 1 million more people and almost that many more jobs. Given the overwhelming public consensus to acquire 1 million more acres of open space in the next 10 years or so, where are all these jobs and people going to go?

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