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NJ.com
New Jersey's smallest businesses feeling the economic pain of the coronavirus can begin applying on Friday for small grants offered by the New Jersey Economic Development Authority.
The EDA last week approved about $40 million in grants, loans and loan guarantees to small and mid-size New Jersey businesses, many of which have been ordered to close or drastically scale back their operations as part of the state's effort to slow the spread of the coronavirus.
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NJSME
NJSME would like to welcome its newest member:
John Conover
Atlantic County Utilities Authority
NJSME
Because of the coronavirus (COVID-19) outbreak, the upcoming NJSME General Membership Meeting, featuring NJDOT Local Aid, has been postponed in order to comply with CDC recommendations. The meeting originally was scheduled to take place Wednesday, April 1, at The Palace at Somerset (333 Davidson Ave.) in Somerset.
NJSME apologizes for any inconvenience this may have caused.
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Mapped
The United States Centers for Disease Control and Prevention (CDC) has issued a Domestic Travel Advisory for the states of New Jersey, New York and Connecticut due to the increase of cases of COVID-19.
According to the CDC website, the department urges residents of these three states to refrain from any non-essential domestic travel for the next 14 days "effective immediately."
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Asbury Park Patch
In an effort to help new construction, property sales and new rental agreements in Asbury Park, Asbury Park's Code Enforcement and Construction Departments will resume construction, certificate of occupancy and transfer-of-title inspections on a limited basis.
Inspections in Asbury Park had been suspended since March 18 and will resume based on new guidance from the NJ Department of Community Affairs due to the COVID-19 pandemic.
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Jersey Digs
Municipal officials in East Orange did not have to go far to identify properties in Essex County’s second largest city that they want to be redeveloped. The City of East Orange is looking for developers interested in several locations, all of which are within a stone’s throw of City Hall Plaza.
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For Construction Pros
There are some things U.S. construction companies can do to protect themselves from losses resulting from efforts to stop the spread of the coronavirus and infections leading to COVID-19.
Diana Parks, partner at international law firm Dorsey & Whitney, starts with the simple, initial steps, construction contractors and owners can take to assess and bolster their ability to deal with the potential impact of the outbreak.
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USA Today
Days after signing a record $2 trillion stimulus bill to curb the effects of coronavirus, President Donald Trump said Tuesday the next phase to revive the economy should include up to $2 trillion more for roads, bridges and other forms of infrastructure.
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Building Design + Construction
The coronavirus pandemic has caused more than one out of four contractors to halt or delay work on current projects, according to a survey released by the Associated General Contractors of America. The survey results show how quickly market conditions have changed compared to data showing a majority of metro areas added construction jobs through January. Association officials noted that a relief bill the Senate is considering includes some favorable tax and loan provisions. But they said the bill also needs new infrastructure investments and improvements to the new paid sick and family medical leave measures.
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MarketWatch
As Washington considers other steps for responding to the coronavirus pandemic and the resulting economic damage, President Donald Trump and House Speaker Nancy Pelosi both have suggested a "Phase 4" package could include spending on infrastructure.
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ConstructConnect
The construction industry really took it on the chin during the Great Recession. The number of construction firms fell by nearly 150,000 between 2007 and 2013 and over 2.3 million jobs were lost due to layoffs, early retirement, and workers leaving for greener pastures. Federal Reserve Chairman, Jerome Powell, recently said we may already be in a recession due to the impacts of the coronavirus pandemic.
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