Aerial photo of 120 East State circa 1968
Two Major Developments Help Accelerate 120 East State Street Steeple Center Project Forward
Mercer County awarded 120 East State a $2,000 from the Mercer County 250th Mini Grant to begin working on its interpretive plan and the State Legislature passed changes to New Jersey Economic Development Authority’s authority that will make it easier for 120 East State to obtain tax credits that will help it raise funds to continue the Steeple Center’s transformation.”
“These are two really important developments,” said 120 East State Street’s Molly Dykstra.xxx. “The county grant speeds up our planning and the NJEDA changes open the door to really accelerating our ability to secure the financing we need to transform this historic property into a community resource. This is real progress.”
120 East State will re-apply this fall to fund a substantial portion of The Steeple Center’s construction.
The Historic Property Reinvestment Program is “a $50 million competitive tax credit program intended to allow groups to take advantage of the federal historic tax credit program to support rehabilitation projects of identified historic properties.”
2023 WorkWell graduates pictured with volunteers & staff
Continuing Our Partnership With The WorkWell Partnership
WorkWell, one of the current tenants of 120 East State, will launch new training sessions at the Steeple Center next month, continuing a burgeoning relationship.
The WorkWell Partnership is a non-profit organization
WorkWell celebrates one year as an independent non-profit and the completion of 18 training sessions serving more than 200 participants.
WorkWell is one of many local groups who are either using the Steeple Center or who have signed letters of intent to become tenants of the Center.
Stay tuned for more details!
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