How to pay for a $30,000 home in Florida
A home in New Jersey is getting $30 million to build an air conditioning system for its citizens.
The State House approved the proposal on Tuesday after an initial round of negotiations between the governor and the company.
It would allow the company to build up to three homes at a time, including a $10 million “green house” to house the air conditioning.
The plan includes a $100 million endowment to pay down debt, as well as a $2 million grant to build the system.
The House voted 4-2 to approve the $30.3 million project.
“New Jerseyans deserve better,” Gov.
Chris Christie said at the time.
“The state needs more affordable homes, and this is a prime example.”
The state will build up about 2,000 square feet of space in the new home and lease it for six years, according to a press release.
A spokeswoman for the company, G.A. Tampini, said the state had not yet begun construction on the new building.
The company is not required to begin work until the end of 2020, the company said.
The building is located in West Palm Beach, just a few miles from the state capitol and the governor’s mansion.
The project was approved by a state commission that oversees housing.
The company’s CEO, James C. Tumulty, was in New York for the opening of the Trump International Hotel, a property owned by his family and purchased by the Trump Organization.