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TwitterEligible Neighborhood Preservation Program Census Tracts consist of Census Tracts that were eligible in the prior funding cycle (Legacy Tracts) as well as newly identified Census Tracts (New Tracts) in the 2021 funding cycle. New Tracts are located in municipalities where the following criteria are met: 1. Neighborhood decline requirement (threatened): The Census Tract is on a negative trajectory since 2010 through 2019 on an index of housing vacancies, home values, jobs, and poverty (75th Percentile on Index) OR Municipal COVID Economic Impact Score of 53.6 or higher - median for block groups (Score is an index of the post-COVID change in the unemployment rate and the business vacancy rate) AND The Census Tract has at least one block group with a Median Household Income less than State Median. 2. Viability requirement (viable): The Census Tract has at least one block group with a Median Home Value at least 50% of County Median. 3. Mixed-use requirement: The Census Tract has a Job to population ratio above the state median AND The Census Tract Has at least one block group with a mixed block share that is over twice the state median. A mixed block is a block with at least one commercial parcel and one residential or apartment parcel. 4. Walkability requirement: The Census Tract has at least one block group with a Walkability Score above the state average (Score consists of median block size, % walking to work, and population density). Legacy Tracts that established eligibility in the prior funding cycle were defined using the following criteria: (1) Municipalities must rank between the 64th and 98th percentiles on the Municipal Revitalization Index. (2) Municipalities must have at least one neighborhood (census tract) meeting the following criteria: (a) On a negative trajectory since 2010 through 2016 on an index of housing vacancies, home values, jobs, and poverty. (b) Below the state median income level. (c) Home values at least 60% of the county median. (d) Job to population ratio above the state median. (3) Municipalities must have sufficient mixed-use blocks (defined as any block with at least one residential lot and one commercial block) as measured by: State of New Jersey: Neighborhood Preservation Program Guidelines. (a) Municipality has more mixed use blocks than the State median number (33) or; (b) Municipality has at least two times the State median for mixed use blocks as a percentage of all blocks (35.4%). (4) Municipalities must have at least one “walkable” neighborhood as measured by: (a) Median block size of no more than 25% greater than the State median; (b) The percentage of employed people walking to work is more than two times the State median; (c) The jobs to population ratio is more than two times the State median or the ratio of jobs to square mile is more than 150% of the State median; (d) The population density is no less than 25% of the State median.
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TwitterEligible Neighborhood Preservation Program Census Tracts consist of Census Tracts that were eligible in the prior funding cycle (Legacy Tracts) as well as newly identified Census Tracts (New Tracts) in the 2021 funding cycle. New Tracts are located in municipalities where the following criteria are met: 1. Neighborhood decline requirement (threatened): The Census Tract is on a negative trajectory since 2010 through 2019 on an index of housing vacancies, home values, jobs, and poverty (75th Percentile on Index) OR Municipal COVID Economic Impact Score of 53.6 or higher - median for block groups (Score is an index of the post-COVID change in the unemployment rate and the business vacancy rate) AND The Census Tract has at least one block group with a Median Household Income less than State Median. 2. Viability requirement (viable): The Census Tract has at least one block group with a Median Home Value at least 50% of County Median. 3. Mixed-use requirement: The Census Tract has a Job to population ratio above the state median AND The Census Tract Has at least one block group with a mixed block share that is over twice the state median. A mixed block is a block with at least one commercial parcel and one residential or apartment parcel. 4. Walkability requirement: The Census Tract has at least one block group with a Walkability Score above the state average (Score consists of median block size, % walking to work, and population density). Legacy Tracts that established eligibility in the prior funding cycle were defined using the following criteria: (1) Municipalities must rank between the 64th and 98th percentiles on the Municipal Revitalization Index. (2) Municipalities must have at least one neighborhood (census tract) meeting the following criteria: (a) On a negative trajectory since 2010 through 2016 on an index of housing vacancies, home values, jobs, and poverty. (b) Below the state median income level. (c) Home values at least 60% of the county median. (d) Job to population ratio above the state median. (3) Municipalities must have sufficient mixed-use blocks (defined as any block with at least one residential lot and one commercial block) as measured by: State of New Jersey: Neighborhood Preservation Program Guidelines. (a) Municipality has more mixed use blocks than the State median number (33) or; (b) Municipality has at least two times the State median for mixed use blocks as a percentage of all blocks (35.4%). (4) Municipalities must have at least one “walkable” neighborhood as measured by: (a) Median block size of no more than 25% greater than the State median; (b) The percentage of employed people walking to work is more than two times the State median; (c) The jobs to population ratio is more than two times the State median or the ratio of jobs to square mile is more than 150% of the State median; (d) The population density is no less than 25% of the State median.