Funding History: In November 1998, voters approved a ballot initiative to preserve open space, farmland and historic sites, with funding from state revenues guaranteed for the next decade. This legislation created The Garden State Preservation Trust, which was signed into law on June 30, 1999. This source of grant funds allowed the Trust to address the preservation needs of properties throughout the state through fiscal year 2009.
In 2007 and in 2009, voters approved referendums to provide additional funding for the preservation of open space, farmland and historic preservation projects.
The Trust Fund's final grant round was held in 2012. A new grant program, funded by the Corporate Business Tax (CBT) will launch in the 2016 fiscal year. Read more about the CBT Historic Preservation Grant Fund.
The Garden State Historic Preservation Trust Fund continued the work of the Historic Preservation Bond Program (1990-1997)
Since 1990, the Historic Trust has awarded $137 million in capital grants to assist preservation projects statewide.