THE 76ERS seek an $82 million grant over 10 years from the state of New Jersey to help build their state-of-the-art facility in Camden, according to the New Jersey Economic Development Authority's agenda released ahead of today's meeting.
The grant, valued per year at $8,204,050, is part of the Grow New Jersey Assistance Program, according to the agenda. The program provides tax credits to businesses that are creating or retaining jobs in certain areas of the state.
The EDA's meeting is set for 10 a.m. today at the Waterfront Technology Center in Camden. Agendas are posted on the EDA's website 48 hours before the meeting, which is how the Sixers' applied-for grant figure became available to the public.