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Roundtable Breakfast with Marc Ferzan, Executive Director of the Governor's Office of Recovery and Rebuilding

Marc-Philip Ferzan, the executive director of Governor Christie's office of Recovery and Rebuilding, said he had barely settled in his office in the State House when New Jersey Chamber President Tom Bracken dropped by to appeal for grants, not low-interest loans, for businesses that were destroyed or affected by Superstorm Sandy. Since then, the state has proposed small business grants of up to $50,000 and no-interest loans of up to $5 million for business affected by the storm. The programs, which rely on federal funds, are awaiting approval by the U.S. Department of Housing and Urban Development (HUD). Read more about the event.

Tuesday, 23 April 2013