N.J. Stat. § 52:27D-448

Current through L. 2024, c. 80.
Section 52:27D-448 - Certification of nonprofit community development corporation or Statewide organization

The department may certify a nonprofit community development corporation or a Statewide organization when it determines that the development corporation or the Statewide organization:

a. has developed a viable plan for providing training, access to financing, and technical assistance for qualified recipients;
b. has demonstrated an ability to successfully provide training and technical assistance to qualified recipients;
c. has broad-based community support within a region and has demonstrated support from other regional entities to provide assistance with service delivery and financial aspects; and
d. has an adequate source of operating capital.

N.J.S. § 52:27D-448

Amended by L. 2004, c. 176, s. 6, eff. 12/22/2004.
L. 1999, c. 239, s. 6.