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2020 New Jersey Revised Statutes
Title 52 - State Government, Departments and Officers
Section 52:27D-495.1 - Microenterprise programs, certain, emphasis on project applications.
Universal Citation: NJ Rev Stat § 52:27D-495.1 (2020)
52:27D-495.1 Microenterprise programs, certain, emphasis on project applications.
3. a. In its determination of qualified projects proposed by nonprofit organizations, pursuant to section 6 of P.L.2001, c.415 (C.52:27D-495), the Department of Community Affairs shall give emphasis to project applications that involve the development or expansion of a microenterprise, benefit low and moderate income neighborhoods, and improve the quality of life for neighborhood residents.
b. As used in this section, "microenterprise" means a commercial enterprise that has five or fewer employees, one or more of whom owns the enterprise.
L.2017, c.25, s.3.
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