Steve Fulop

Mayor

Jersey City, NJ

First as a councilman, and now as a Mayor, Steve Fulop has been committed to developing and implementing smart policy which stimulates economic growth but also helps provide a hand up to those who need it. A lot of people say that’s impossible, that you have to choose between policy which helps grow business and policy which helps those in need. But Mayor Fulop believes you can have both, and they’re doing both in Jersey city.

Under Mayor Fulop’s leadership, Jersey City launched policy initiatives which look to create broad-based prosperity and growth, giving working families a chance at upward mobility, with the first New Jersey mandatory earned sick leave law. We’re giving those who have made the wrong choices in their past an opportunity to change their personal narrative with a nationally recognized prison reentry program. Mayor Fulop is working to spread the benefits of real estate development to all neighborhoods in Jersey city, especially those which are struggling. To accomplish this he implemented a tiered tax abatement policy, which offers incentives for building in target areas.

These and other socially conscious policies, coupled with a fast growing economy and population, have contributed towards Jersey City having the lowest unemployment of any big city in the state, and its outpacing New Jersey and the United States in recovering jobs.

Pro-Growth Progressive Ideas Shared

Problem

Over the last two decades, Jersey City’s physical, cultural, and economic characteristics have changed significantly. Some neighborhoods have experienced a significant renaissance. Others still struggle to overcome issues that have plagued former industrial centers since the second half of the twentieth century. These issues are social, economic, and infrastructural, and all influence the availability of affordable and safe housing available to the city’s residents.

Solution

Mayor Steve Fulop has proposed a new plan to bring more affordable housing to Jersey City by using tiered tax incentives to drive development into areas where it is needed most. The updated PILOT plan aims to preserve community in these neighborhoods while also promoting development. The plan divides the city into four zones with their own set of tax incentives and affordability requirements in order to achieve a mix of market rate and affordable housing in each of them.