Establishes Capital Project Development Loan Program to support certain large-scale redevelopment projects; appropriates $300 million.

This bill establishes a $300 million Capital Project Development Loan Program administered by New Jersey's Economic Development Authority (EDA). It provides low-interest loans to public institutions (like colleges and state hospitals), public agencies, and non-profit organizations for "transformative capital projects" including research facilities, healthcare infrastructure, green projects, and major redevelopment. Loans can be used for project costs and must mature within 30 years, with non-public entities required to operate projects under approved public-private partnerships. Funds will flow through a non-lapsing revolving loan fund, with the EDA prioritizing applications based on project intent, economic feasibility, and alignment with state planning goals.