N.J. Admin. Code § 2:77-7.2

Current through Register Vol. 56, No. 24, December 18, 2024

Section 2:77-7.2 - Allowable costs

(a) A municipality may use the following for its share of the matching costs associated with the activities set forth in N.J.A.C. 2:77-7.1:

1. Its own funds;

2. In-kind services;

3. Grants from other sources; and

4. Funding from municipal development transfer banks.

(b) Allowable costs include legal, planning, and other ancillary costs that the municipality incurs to prepare a transfer of development rights ordinance and associated elements pursuant to N.J.A.C. 2:77-3.

N.J. Admin. Code § 2:77-7.2

Amended by R.2013 d.139, effective 12/16/2013.
See: 45 N.J.R. 495(a), 45 N.J.R. 2541(a).
In (b), inserted a comma following "planning".