Fitch Ratings raised New Jersey's issuer and general obligation bond ratings just days after Moody's Investors Service upgraded its ratings on the Garden State ahead of next week's s $1.1 billion bond sale by the state Economic Development Authority.
Over 20 historic sites in South Jersey could receive a portion of $15.8 million in state grant funding to support preservation and heritage tourism efforts. The most notable sites to receive funding include Lucy the Elephant in Margate, the Walt Whitman House in Camden, and the U.S.S. New Jersey. The funding must be approved by the Garden State Preservation Trust, the state legislature, and Gov. Phil Murphy before it can be distributed.