Monthly Archives: June 2013

Trenton, NJ - June 28, 2013 - (RealEstateRama) -- The New Jersey Department of Community Affairs (DCA) and its affiliate the New Jersey Redevelopment Authority (NJRA) today announced the creation of the Predevelopment Fund for Affordable Rental Housing. The new initiative, supported through federal Community Development Block Grant (CDBG) Disaster Recovery funds, will provide financing to help nonprofit developers revitalize Sandy-affected areas by covering the predevelopment costs associated with the redevelopment of properties that are currently considered unsafe, underutilized, or in foreclosure.

WASHINGTON, D.C. - June 28, 2013 - (RealEstateRama) -- Generation Y—also known as the Millennials—are now of the age where they may be thinking about home buying. And as the market picks up, we will start to see many renters in their mid 20s to early 30s jumping on the home-buying bandwagon. To help educate those considering becoming a first time homeowner, Patricia Bell, President of Gloria Nilson Realtors, Real Living highlights the top 6 benefits to owning your own home

WASHINGTON, D.C. - June 27, 2013 - (RealEstateRama) -- The Morris County Freeholders have approved spending $2.7 million from the historic preservation portion of the county’s Preservation Trust Fund to help preserve 22 historic sites and resources across the county.

NEWARK, NJ - June 27, 2013 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Commissioner Richard E. Constable, III today met with Sandy-impacted residents at the ‘reNew Jersey Stronger’ Housing Recovery Center serving Essex County and encouraged eligible homeowners whose primary residences were damaged or destroyed by Superstorm Sandy to apply for two grants designed to encourage them to resettle in their homes and help them repair, elevate or rebuild their residences

WASHINGTON, D.C. - June 25, 2013 - (RealEstateRama) -- As extreme weather becomes more common across the state, homeowners should make sure their homes are prepared to deal with storms.

WASHINGTON, DC - June 25, 2013 - (RealEstateRama) -- U.S. Senators Robert Menendez (D-NJ) and Jeff Chiesa (R-NJ) today announced $29,455,545 in federal Sandy relief for the N.J. Department of Environmental Protection for the acquisition and demolition of 129 flood-prone properties in Sayreville. The grants are provided by the Federal Emergency Management Agency’s (FEMA) Public Assistance grant program

Trenton, NJ - June 25, 2013 - (RealEstateRama) -- Addressing the ongoing need for rental housing for residents impacted by Superstorm Sandy, New Jersey Department of Community Affairs (DCA) Commissioner Richard E. Constable, III today announced that grants are now available to rental property owners through the new Landlord Incentive Program. This incentive allows rental property owners to expand the State’s inventory of affordable housing for low- and moderate-income households that will assist at least 1,000 families

TRENTON, N.J. - June 25, 2013 - (RealEstateRama) -- Disaster assistance to New Jersey survivors of Superstorm Sandy by the numbers as of June 17

TRENTON, N.J. - June 25, 2013 - (RealEstateRama) -- As disaster survivors in New Jersey continue the process of rebuilding their lives and property, there is an issue many could face: “substantial damage,” as defined by the National Flood Insurance Program

TRENTON, N.J. - June 24, 2013 - (RealEstateRama) -- Superstorm Sandy left many thousands of homes, municipal services and emergency service facilities across New Jersey without power.

WASHINGTON, D.C. - June 20, 2013 - (RealEstateRama) -- Summer: The kids are getting out of school, the temperature is starting to rise, and you're ready to finally throw open the windows. However, once you take a look around your newly re-opened home, you may find it's not as ready for summer as you are

Washington, DC - June 20, 2013 - (RealEstateRama) - Congressman Frank Pallone, Jr. (NJ-06) announced two grants through the U.S. Department of Housing and Urban Development (HUD) Housing Counseling Program to help provide individuals or families with advice and information on housing issues with the goal of expanding homeownership opportunities and improving access to affordable housing. Through this program, the Puerto Rican Association for Human Development in Perth Amboy has been awarded a $15,952 grant, and the Housing Authority of the City of Perth Amboy has been awarded a $20,750 grant

WASHINGTON, D.C. - June 19, 2013 - (RealEstateRama) -- U.S. Senators Robert Menendez (D-NJ) and Senator Mike Enzi (R-WY) today re-introduced legislation to promote access to private capital that will help boost America’s commercial real estate in the face of decreased property values and limited loan opportunities. This legislation will help communities avoid more vacant storefronts, lost jobs and lower tax revenues which would make full economic recovery more difficult.

WASHINGTON, D.C. - June 19, 2013 - (RealEstateRama) -- Assembly Republican Policy Co-Chair Caroline Casagrande and Deputy Republican Leader Amy Handlin were joined by a group of business leaders today at Monmouth University to discuss how the state can continue to work with companies to build upon the 131,500 private sector jobs that have been created since Feb. 2010

WASHINGTON, D.C. - June 18, 2013 - (RealEstateRama) -- U.S. Senator Robert Menendez (D-NJ) today announced nearly $700,000 in federal grants from the U.S. Department of Housing and Urban Development’s (HUD) Housing Counseling Program to 15 agencies throughout New Jersey

TRENTON, N.J. - June 18, 2013 - (RealEstateRama) -- Preliminary Work Maps have been introduced for Monmouth, Hudson, Atlantic and Ocean counties. New Jersey property owners with questions about National Flood Insurance Program rates now have a helpline to call to get the most up-to-date information.

TRENTON, NJ - June 17, 2013 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) .Commissioner Richard E. Constable, III today met with Sandy-impacted residents at the ‘reNew Jersey Stronger’ Housing Recovery Centers serving Atlantic, Cape May, and Ocean counties and encouraged eligible homeowners whose primary residences were damaged or destroyed by Superstorm Sandy to apply for two grants designed to encourage them to resettle in their homes and help them repair, elevate or rebuild their residences

WASHINGTON, D.C. - June 14, 2013 - (RealEstateRama) -- Assemblyman Jack Ciattarelli, R-Somerset, Hunterdon, Middlesex and Mercer, is outraged by the report recently issued by the League of Municipalities’ Property Tax Reform Task Force. The report recommended the state revamp its income tax system in order to raise more revenue to reduce property taxes

San Francisco, CA - June 13, 2013 - (RealEstateRama) -- Wayne J. Chi, Zephyr Real Estate agent and broker, has been invited to join a multi-million dollar Silicon Valley investment fund as an advisor. First Partners Real Estate Investments, LLC is a Silicon Valley-based real estate investment fund specializing in investing in single-family residences and multi-family units in the Bay Area and across the nation.

FREEHOLD, NJ - June 12, 2013 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Commissioner Richard E. Constable, III today met with Sandy-impacted residents at the reNew Jersey Stronger Housing Recovery Center serving Monmouth County and encouraged eligible homeowners whose primary residences were damaged or destroyed by Superstorm Sandy to apply for two grants designed to encourage them to resettle in their homes and help them repair, elevate or rebuild their residences.