Reallocates FY2025 appropriation for City of Paterson - Recreation Center Capital Construction (PTRF) to NJ Community Development Corporation for youth center project in City of Paterson.

2026-2027 Regular Session Introduced by Benjie Wimberly

reallocates FY2025 Paterson PTRF funds to NJCDC to develop a Paterson youth center project, for youth services and capital improvements.

Introduced, 1st Reading without Reference, 2nd Reading

Summary of Bill S 4455 (Session 222) – New Jersey

Purpose and intent

The bill reallocates FY2025 appropriation funds originally designated for the City of Paterson’s Recreation Center Capital Construction (PTRF) project. The reallocation moves the funds to the NJ Community Development Corporation (NJCDC) for a youth center project in Paterson.

Sponsor: Co-sponsor Benjie Wimberly.

Key provisions and changes

Fund reallocation: The FY2025 appropriation previously set aside for Paterson Recreation Center Capital Construction (PTRF) is redirected from the City of Paterson to the NJ Community Development Corporation.

Project purpose under new allocation: The funds are to be used by NJCDC to develop and implement a youth center project within the City of Paterson.

Compliance and administration: The bill would require that the use of funds align with the intended goals of youth development, community services, and capital improvements for youth facilities, as approved by relevant state expenditure and grant oversight processes.

Affected entities and beneficiaries

City of Paterson: The municipality would no longer receive the PTRF funds for the PTRF recreation center project as originally earmarked.

NJ Community Development Corporation (NJCDC): Becomes the recipient and administrator of the redirected funds for the new youth center project.

Paterson youth and community members: Expected beneficiaries through improved youth-centered facilities, programming, and services funded by the redirected appropriation.

Procedural and timeline aspects

Source of funds: FY2025 appropriation previously allocated to Paterson for PTRF capital construction.

Timing: The bill specifies the reallocation of those funds to NJCDC for a project in Paterson, though exact speed of implementation and disbursement timelines would typically be governed by normal state grant/contracting procedures and oversight.

Oversight: Implementation would likely follow standard state fiduciary and programmatic oversight requirements, including procurement rules, reporting, and program results metrics.

Potential impact

Short-term: Reassigns funding to a different entity (NJCDC), enabling a Paterson-based youth center project to proceed potentially sooner or with different program design.

Long-term: Could enhance youth services infrastructure in Paterson and expand access to capital-supported youth facilities, depending on project scope and successful delivery.

Notes

The summary reflects the bill’s stated reallocation purpose and new administration of funds for a Paterson youth center project. For precise implementation details, including grant terms, performance milestones, and applicable statutory citations, the bill’s full text and any associated committee reports should be consulted.