Municipal Revitalization Index definition

Municipal Revitalization Index means the 2007 index by the
Municipal Revitalization Index means the 2007 index by the Office for Planning Advocacy within the Department of State measuring or ranking municipal distress.
Municipal Revitalization Index means the index by the Department of Community Affairs ranking New Jersey’s municipalities according to eight separate indicators that measure diverse aspects of social, economic, physical, and fiscal conditions in each locality.

Examples of Municipal Revitalization Index in a sentence

  • The value of all tax credits approved by the authority under the program for a redevelopment project shall not exceed $50,000,000 per redevelopment project if located in a qualified incentive tract, government-restricted municipality, or municipality with a Municipal Revitalization Index distress score of at least 50, or $32,000,000 for any other redevelopment project.

  • The Agency also proposes to delete the current point system for proximity to employment centers and to replace it with DCA’s Municipal Revitalization Index, which is a comprehensive index based upon eight social, economic, physical, and fiscal metrics (including employment) and better evaluates the overall desirability and/or distress of municipalities.

  • For projects located outside of a Targeted Urban Municipality (TUM), a project that has a ranking of 283 or greater in the most recent Municipal Revitalization Index (MRI) published by the Department of Community Affairs (DCA) shall be eligible for three points.

  • NJ DCA, Municipal Revitalization Index, n.d. Retrieved from https://www.nj.gov/dca/home/MuniRevitIndex.html.

  • Selection criteria include: • Municipal Distress: The relative need of an applicant will be evaluated by using the Statewide Municipal Revitalization Index (MRI), which appears in the Small Cities Action Plan.


More Definitions of Municipal Revitalization Index

Municipal Revitalization Index or “MRI” means the Index by which New Jersey’s municipalities are ranked according to eight separate indicators that measure diverse aspects of social, economic, physical, and fiscal conditions. Each municipality in the State receives a composite score and ranking, ranging from the most distressed (ranking number 1) to the least distressed (ranking number 565). The MRI is available at https://www.nj.gov/dca/home/MuniRevitIndex.html.
Municipal Revitalization Index means the index developed, maintained, and updated from time to time, by the Department of Community Affairs ranking New Jersey’s municipalities according to separate indicators that measure diverse aspects of social, economic, physical, and fiscal conditions in each locality;
Municipal Revitalization Index means the most updated municipal revitalization distress score as published at time of project Board approval by the Department of Community Affairs.
Municipal Revitalization Index means the 2007 index by the Office for Planning Advocacy within the Department of State measuring or ranking municipal distress. (N.J.A.C. 19:31-18.2, p. 6.). These municipalities are (see http://www.njeda.com/web/pdf/GrowNJ_SouthJersey_MRIIndex.pdf):
Municipal Revitalization Index means the 2017 index by the Office for Planning Advocacy within the Department of State measuring orCommunity Affairs ranking municipal distressNew Jersey’s municipalities according to eight separate indicators that measure diverse aspects of social, economic, physical, and fiscal conditions in each locality.
Municipal Revitalization Index or “MRI” means the index by which New Jersey’s municipalities are ranked according to eight separate indicators that measure diverse aspects of social, economic, physical, and fiscal conditions. Each municipality in the State receives a composite score and ranking, ranging from the most distressed (ranking number
Municipal Revitalization Index or “MRI” means the Index by which New Jersey’s municipalities are ranked according to eight separate indicators that measure diverse aspects of social, economic, physical, and fiscal conditions. Each municipality in the State receives a composite score and ranking,