How will the new presidential administration’s policies affect redevelopment at the state level?
At New Jersey Future’s annual Redevelopment Forum, Smart Growth America President and Chief Executive Officer Geoff Anderson provided an overview of where he thought the threats were, and where some potential opportunities lie.
Mr. Anderson (presentation) began with some stage-setting. He highlighted several of the new administration’s stated priorities that come with hefty price tags, including tax reform and an anticipated infrastructure spending bill, while at the same time noting a strong reluctance among federal lawmakers to raising any new money. That means, he said, money for the administration’s priorities will have to come from somewhere, be it tax credits or cuts in other areas.