
NJIT’s Newark Live Local Program
The Newark Live Local program will be administered by Newark Alliance and is available to NJIT employees signing or renewing eligible leases in the Program Incentive Area.
The Newark Live Local program will be administered by Newark Alliance and is available to NJIT employees signing or renewing eligible leases in the Program Incentive Area.
Program Goals
In support of the city of Newark’s comprehensive economic development strategy of directly attracting and retaining residents to an area of the city that is vital to its overall growth, NJIT is investing $50,000 in the Newark Live Local Program for NJIT employees. The Newark Live Local program will be administered by Newark Alliance and is available to NJIT employees signing or renewing eligible leases in the Program Incentive Area. A map of the Program Incentive Area can be viewed on the Newark Live Local website which can be found here.
Program Description
The Newark Live Local Program will provide one-time incentives for eligible participants, as defined below under Participant Eligibility, to rent a primary resident in the Program Incentive Area. Once eligible, the Program will provide on a first-come basis the following:
The NJIT Newark Live Local program is administered by the Newark Alliance. The Program is subject to the availability of funds and may be cancelled or modified at any time in the sole discretion of NJIT. Incentives may not be combined, and the incentive is limited to one per household, unless specified below.
Program Effective Dates
The Newark Live Local program is being launched for a pilot period of one year. The Newark Live Local program for NJIT employees is effective as of April 1, 2019 and will be reviewed for potential renewal after a twelve-month period.
Participant Eligibility
The Newark Live Local Program is available to full-time NJIT employees working and living in the designated Program Incentive Area. A full-time employee is, for a calendar month, an employee employed on average at least 30 hours per week, or 130 hours of service per month. Candidates must physically work in the employment location and must sign a lease within the Program Incentive Area. The Program Incentive Area is subject to change at any time in the sole discretion of the Newark Alliance.
Rental Incentive Process & Eligibility
The incentive application process is as outlined below and the awarding of the incentive is available on a first-come, first served basis: