Economic Development (UEZ)
Department
Urban Enterprise Zone Authority
New Jersey’s Urban Enterprise (UEZ) Authority (enacted in 1983) is in the Department of Community Affairs. The UEZ Program exists to foster an economic climate that revitalizes designated urban communities and stimulates their growth by encouraging businesses to develop and create private sector jobs through public and private investment.
The UEZ Program offers participating businesses incentives that encourage business growth and stimulate local economies. Over 6,700 certified UEZ businesses participate and benefit from the advantages of the program.
As of July 1, 2011, a number of tax and other financial incentives are available on line through the New Jersey Business Action Center at www.newjerseybusiness.gov. Click on the UEZ link to determine if your firm is in a zone and if you qualify for the program. If you do, you may complete your registration, reporting and sales tax payments on line from your computer.
Benefits to UEZ firms include:
- Businesses participating in the UEZ Program can charge half the standard sales tax rate on certain purchases, currently 3.3125% effective 1/1/2018.
- UEZ businesses may enjoy tax exemptions on certain purchases including capital equipment acquired and investments made to build a new facility, expand, or upgrade an existing facility.
- The New Jersey Business Action Center plays a key role in helping grow, retain and attract business to the State. The center serves as a “one-stop” shop for business. The team at the Center works to encourage entrepreneurship by supporting New Jersey’s businesses of all sizes, supporting global competitiveness of New Jersey companies, as well as to promote the State’s attractiveness as a vacation destination and business investment location nationally and internationally.
- Business Retention and Relocation Assistance Grant, available through the EDA, (“BRRAG”) for relocation and retention of at least 250 non-retail jobs where the grant is a material factor. Special limitations/bonuses for UEZs.
- Assistance from the New Jersey Department of Labor through its One Stop Centers in hiring, training, and retraining existing or new employees.
Business Loan Program
Purpose
To assist UEZ-certified businesses by loaning funds at below-market rates for a variety of business improvement purposes.
Loan Applications and supporting documents can be found here.
Billboard Advertising Opportunity
Purpose
The Mount Holly UEZ will provide the opportunity for registered UEZ businesses to participate in an advertising campaign aimed at bringing more awareness to the downtown businesses and events through billboard advertising.
Contact the UEZ Director for more details at 609-864-2225 or email, skennedy@twp.mountholly.nj.us
NOTICE OF ANNUAL SCHEDULED MEETINGS
Notice is hereby given by the Mount Holly Township Urban Enterprise Zone (UEZ) that the following is a list of regular meetings for 2025.
All such meetings to be held at 4:00 P.M. as open public meetings in the Mount Holly Township Fire House, 17 Pine Street, Mount Holly, New Jersey.
2025 OFFICIAL REGULAR MEETING DATES
January 22 July 2
February 5 August 6
March 5 September 3
April 2 October 1
May 7 November 5
June 4 December 3
All meeting dates are subject to cancellation/change as deemed necessary.
UEZ Forms & Documents
Economic Development Loan Fund Application
UEZ 5 Year Plan (DRAFT)
- Urban Enterprise Zone 5-Year Development Plan
- Appendix A – Otteau Group Market Study Report
- Appendix B – Resident Non-Resident Survey 190 Records
- Appendix C – Business Survey 26 Records
- Appendix D – UEZ Performance Indicators