NPP Projects definition
NPP Projects means projects located in neighborhoods that are participating in the Department of Community Affairs’ Neighborhood Preservation Program. Cities with such neighborhoods must be under the supervision of the Local Finance Board and the Director of the Division of Local
NPP Projects means projects located in neighborhoods that are participating in the Department of Community Affairs’ Neighborhood Preservation Program. Cities with such neighborhoods must be under the supervision of the Local Finance Board and the Director of the Division of Local Government Services as determined by the application of Article 4 of the Local Government Supervision Act (1947), N.J.S.A. 52:27BB-54 et seq. and, specifically, section 56 thereof. For scattered site projects where not all the sites are in an NPP neighborhood, a majority of the units must be located in the NPP neighborhood to qualify for the neighborhood set-aside. NPP neighborhoods must be designated by the application deadline.