Incentive area definition

Incentive area means an area in this State: (1) designated
Incentive area means an area designated pursuant to the "State Planning Act," P.L.1985, c.398 (C.52:18A-196 et seq.), as Planning Area 1 (Metropolitan), Planning Area 2 (Suburban), or a Designated Center, , provided an area designated as Planning Area 2 (Suburban) or a Designated Center shall be located within a one-half mile radius of the mid-point, with bicycle and pedestrian connectivity, of a New Jersey Transit Corporation, Port Authority Transit Corporation, or Port Authority Trans-Hudson Corporation rail, bus, or ferry station, including all light rail stations, or a high frequency bus stop as certified by the New Jersey Transit Corporation.
Incentive area means an area in this State: (1) designated pursuant to the "State Planning Act," P.L.1985, c.398 (C.52:18A-196 et seq.), as Planning Area 1 (Metropolitan); or (2) that has been designated as a qualified opportunity zone pursuant to 26 U.S.C. s.1400Z-1.

Examples of Incentive area in a sentence

  • The Project Site is located within the Council District 9 Redevelopment Project area, the Central City Parking area, the Downtown Housing Incentive area, the Central City Revitalization Zone, and the Los Angeles State Enterprise Zone.

  • The project’s creation of an transit-oriented development is also consistent with the goals to concentrate development near transit station areas stated in the General Plan Framework, the Southeast Los Angeles Community Plan, the Draft/Proposed Southeast Los Angeles Community Plan, the Council District 9 Redevelopment Plan, the Downtown Housing Incentive area, the Central City Revitalization Zone, and the Los Angeles State Enterprise Zone.

  • For project containing at least 80% residential use within the Residential Incentive area shown in Figure 5, then an additional 2.0 shall be added to the maximum FAR figure from Figure 4 for the purposes of calculating the required minimum FAR for the project.

  • Appendix B provides two of the five comparable sites and the CRA/LA and the Buyer shall utilize best efforts to locate the remaining three comparable sites within the Greater Downtown Housing Incentive area.

  • The incentive area shall include properties located within the incentive zone as defined in Exhibit A, to include parts of St. James Avenue, US Highway 52, and some adjacent streets.Super Incentive area shall mean those particular areas consisting of portions of Red Bank Road and US Highway 52 (S.


More Definitions of Incentive area

Incentive area means an aviation district [,] ; a port district [,
Incentive area means an area designated pursuant to the "State
Incentive area means any location eligible for an incentive
Incentive area means an aviation district, a port district, or an
Incentive area means an aviation district; a port district; an area designated pursuant to the "State Planning Act," P.L.1985, c.398 (C.52:18A-196 et seq.), as Planning Area 1 (Metropolitan), Planning Area 2 (Suburban), [or] a Designated Center, [provided an area designated as Planning Area 2 (Suburban) or a Designated Center shall be located within a one-half mile radius of the mid-point, with bicycle and pedestrian connectivity, of a New Jersey Transit Corporation, Port Authority Transit Corporation, or Port Authority Trans-Hudson Corporation rail, bus, or ferry station, including all light rail stations, or a high-frequency bus stop as certified by the New Jersey Transit Corporation] or an Endorsed Plan; an area designated as a brownfield site pursuant to the "Brownfield and Contaminated Site Remediation Act," sections 23 through 43 and section 45 of P.L.1993, c.139 (C.58:10B-1 et seq.); and an area of not less than 100 acres for which a licensed site remediation professional has certified environmental remediation costs, as defined in this section and in accordance with the "Site Remediation Reform Act," sections 1 through 29 of P.L.2009, c.60 (C.58:10C-1 et seq.), in an amount not less than $10,000,000, provided that any portion of such area is located in an area that otherwise qualifies as an incentive area.
Incentive area means any location eligible for an incentive award under the "New Jersey Aspire Program Act," sections 54 through 67 of P.L.2020, c.156 (C.34:1B-322 through C.34:1B-335).
Incentive area means the area encompassed by the City limits shown and described in Exhibit A in which the Council has determined that the revitalization and redevelopment thereof is essential to preserving and improving the economy, society, and culture of the City and enhancing the quality of life of the citizens thereof.