CRDA helps fund several Atlantic City events
The Board of Directors of the Casino Reinvestment Development Authority on Tuesday approved funding for three festivals. The board said yes to nearly $158,000 total for a Latino Festival, an Indian Multicultural Festival, and a health and wellness event. The resolutions include a tourism grant of up to $62,800 to the Hispanic Association of Atlantic […]
8.4-MW solar portfolio in Atlantic City could lead to more solar on Caesars properties nationally
DSD Renewables has broken ground on an 8.4-MW solar portfolio spanning three Caesars Entertainment properties in Atlantic City, New Jersey. The projects will help Caesar meet its goal of using 100% renewable energy by 2050. The portfolio includes two solar canopies (1.7 MW and 886 kW) at Caesars Atlantic City, two canopies (1.93 MW and […]
Solving worker shortage — key issue at NJ Chamber summit
It’s considered one of the largest business events in the state — the New Jersey Chamber of Commerce annual summit in Atlantic City. Set against the backdrop of a city still recovering from pandemic losses, business and government leaders gathered this week to discuss major issues, including how a worker shortage is plaguing the state, […]
Venmo, Cash App And Other Payment Apps To Report Payments Of $600 Or More
If you receive $600 or more payments for goods and services through a third-party payment network, such as Venmo, or CashApp, these payments will now be reported to the IRS. Zelle will not be affected by this. Beginning Jan. 1, 2022, third-party payment network providers will be required to send users a Form 1099-K, Payment Card, […]
Senator Booker announced $10,349,444.00 of grant funding for the Atlantic City Corridor Revitalization & Safety Project
This grant funding is being awarded through US Department of Transportation’s Rebuilding American Infrastructure with Sustainability and Equity (RAISE) Grant program. This project will transform Atlantic Avenue, with upgrades including ADA compliant sidewalks, a lane reduction, and state of the art traffic signal equipment, among other improvements. These changes will make this main street area […]
The Senate Community and Urban Affairs Committee reports favorably Senate Bill No. 4007
The following is the Senate Community and Urban Affairs Committee statement from November 15 on Senate Bill No. 4007. This bill concerns the State’s casino gaming industry, and revises and supplements existing law relating to requirements for a casino license, and the casino gaming industry’s financial responsibility to Atlantic City, Atlantic County, and the Atlantic […]
Atlantic City Homebuyer Program Recap
The Greater Atlantic City Chamber joined with the Chelsea EDC and three other neighborhood EDCs (Ducktown, Midtown and Inlet) Wednesday, March 10, 2021 for a free Zoom webinar that introduced attendees to the homebuying process, making them aware of all the programs and financial incentives available to those who buy homes in Atlantic City. Representatives […]
NOW LAW: GREENWALD, MAZZEO & VERRELLI BILL TO REDUCE OR DELAY EMPLOYER UNEMPLOYMENT TAXES DURING PANDEMIC
In an effort to ease the burden on businesses grappling with the economic impact of the COVID-19 pandemic, Governor Phil Murphy on Monday signed legislation sponsored by Assembly Majority Leader Louis Greenwald, Assemblyman Vince Mazzeo and Assemblyman Anthony Verrelli to relieve businesses of a portion of their unemployment tax obligation during the public health emergency. […]
QUIJANO BILL TO LIMIT SERVICE FEES CHARGED TO RESTAURANTS BY FOOD DELIVERY APPS DURING EMERGENCIES GOES TO GOVERNOR
When a customer places an order for takeout or food delivery through a third party app like DoorDash, Grubhub or UberEats, the restaurant they are ordering from has to pay a sizable fee to the app. Restaurants have reported this fee can be as high as 40 percent of the order. With the goal to […]
Recap of Additional COVID-19 Funds Announced for Small Business Relief
Forgivable Loan Qualification and Application: What You Need To Know Additional funds were recently announced to help small businesses affected by government-mandated closures as a result of COVID-19. The Paycheck Protection Program (PPP) is expected to have an additional $310 Billion as of this week. $10 Billion is expected to be added to the Economic […]