What in the world is a Special Improvement District (SID)?

The Improvement District (whether business, or special, or downtown or some other name) is a model for management of the municipality’s commercial corridor. It is authorized by state law (the Pedestrian Mall and Special Improvement District Act, N.J.S.A. 40:56-65, et seq.) to be formed by ordinance in any municipality in New Jersey. The Improvement District provides a mechanism for the businesses and property owners of a community to organize as a single entity, to raise funds for activities that enhance or expand upon municipal services, and through a District Management Corporation, to manage themselves to become a more effective destination for commerce. In the State of New Jersey, municipalities are empowered to create Improvement Districts and to assign District Management Corporations (DMC s) to manage the resulting assessments and to provides enhanced services to those commercial businesses and properties in the defined District. Learn more via NJ’s Department of Community Affairs.