[Congressional Record Volume 154, Number 118 (Thursday, July 17, 2008)]
[Extensions of Remarks]
[Page E1498]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




      HONORING THE NEIGHBORHOOD REVITALIZATION TAX CREDIT PROGRAM

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                        HON. FRANK PALLONE, JR.

                             of new jersey

                    in the house of representatives

                        Thursday, July 17, 2008

  MR. PALLONE. Madam Speaker, today I would like to recognize the 
achievements of the Neighbor Revitalization Tax Credit Program in New 
Jersey. This program allows New Jersey Corporations to allocate State 
corporate tax dollars to specific and approved nonprofit programs that 
revitalize a community.
  Sanofi-Aventis pharmaceuticals took advantage of this program and 
dedicated $1 million of their State corporate tax dollars to the Unity 
Square project. This project will acquire and develop 11 housing units 
for New Brunswick residents.
  In addition to subsidizing the new housing, a portion of the funds 
will also be used to hire a nurse practitioner and a registered nurse 
to work extended hours at a local health clinic. The extended hours 
will enable the clinic to serve an additional 400 to 500 patients a 
year who would otherwise not receive medical care.
  It is with great pleasure that I ask my colleagues to join me in 
commending Sanofi-Aventis, New Brunswick Mayor James Cahill, and the 
State of New Jersey for their dedication and creativity addressing 
unmet housing and medical needs.

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