NJ Cool
Rolling Application
Deadline:
Start Date:
Eligibility
- Must be a commercial building owner or a commercial tenant with landlord/building owner approval for the proposed project
- Must have a valid New Jersey tax clearance certificate no older than 180 days at the time of application approval
- Must be in good standing with the New Jersey Department of Labor and Workforce Development (DOL) and the New Jersey Department of Environmental Protection (DEP)
- Must demonstrate proof of funding/financing for the estimated project costs plus a 15% project contingency following grant award approval and before finalizing the grant agreement
- The building must be located in Newark, Edison, or Atlantic City
- Must meet building occupancy classifications: Mercantile Group M, Assembly Group A-2, or Business Group B per the New Jersey Building Code
- All work must comply with NJ prevailing wage and affirmative action requirements
- Total eligible project costs must be greater than or equal to $100,000 (no upper limit)
- Projects must not involve new construction or enlargements (adding square footage)
- Must switch 75% or more of building space heating loads from fossil fuel-based systems to non-combustion-based systems with low to zero direct operating emissions
- Must replace 75% or more of existing high global warming potential (GWP) refrigerants with lower GWP alternatives
- The 75% switching requirement applies only to the portions of the building within the tenant’s lease or the building systems affecting the tenant’s space
Benefits
Grant awards will cover 50% of eligible project costs up to a maximum award of $1,000,000 per project (with a minimum award amount of $50,000 per project).