Monthly Archives: September 2013

Low Home Inventory at Oakley Hill And Holly Tree Estates in Jackson, Only 4...

WASHINGTON, D.C. - September 30, 2013 - (RealEstateRama) -- Estatesales associate Michael Tarantul announces today that the last four home lots are available for purchase at the Jackson, NJ communities of Oakley Hill and Holly Tree Estates. Custom home builder Greg Monesson has set pricing beginning at $374,900 for the Adelphia model in Oakley Hill and $399,900 for the Amherst model at Holly Tree Estates while two homes are left in each community.

Bateman-Ciattarelli-Simon Laud Vote on School Consolidation

WASHINGTON, D.C. - September 30, 2013 - (RealEstateRama) -- Senator Christopher “Kip” Bateman, Assemblyman Jack Ciattarelli and Assemblywoman Donna Simon, all R-Somerset, Hunterdon, Mercer and Middlesex, voiced their approval for last Tuesday’s vote in Lambertville, Stockton and West Amwell that will consolidate four school districts. The public question received the support of 86 percent of those who cast a vote.

New Jersey, New York Members Urge FEMA to Extend Deadline for Flood Insurance Claims...

WASHINGTON, D.C. - September 30, 2013 - (RealEstateRama) -- Today, a bipartisan group of Senators and House Members from New Jersey and New York urged FEMA Administrator Craig Fugate to grant a six-month extension for thousands of Sandy-impacted homeowners to file flood insurance claims. Under the National Flood Insurance Program (NFIP) managed by FEMA, Sandy-impacted homeowners must file a Proof of Loss (POL) form, a statement on the amount that the homeowner is claiming under his or her flood insurance policy, by October 29th in order to be eligible for coverage for flood damage.

Pascrell, Bipartisan Group of Congressional Members Urge FEMA to Extend Deadline for Flood Insurance...

WASHINGTON, D.C. - September 30, 2013 - (RealEstateRama) -- Today, U.S. Rep. Bill Pascrell, Jr. (D-NJ-09) joined a bipartisan group of Senators and House Members from New York and New Jersey urging FEMA Administrator Craig Fugate to grant a six-month extension for thousands of Sandy-impacted homeowners to file flood insurance claims. Under the National Flood Insurance Program (NFIP) managed by FEMA, Sandy-impacted homeowners must file a Proof of Loss (POL) form, a statement on the amount that the homeowner is claiming under his or her flood insurance policy, by October 29th in order to be eligible for coverage for flood damage

Rumana Statement on Supreme Court COAH Decision

WASHINGTON, D.C. - September 27, 2013 - (RealEstateRama) -- Assembly Republican Whip Scott Rumana, R-Passaic, Bergen, Essex and Morris, issued the statement below regarding today’s state Supreme Court 3-2 ruling upholding an appellate decision in 2010 that struck down the “growth share” affordable housing formula. The court concurred with the lower court finding that the growth share approach “permit(s) municipalities with substantial amounts of vacant developable land and access to job opportunities in nearby municipalities to adopt master plans and zoning ordinances that allow for little growth, and thereby a small fair share obligation.”

Pascrell Announces $1.6 Million COPS Grant to Paterson

WASHINGTON, D.C. - September 27, 2013 - (RealEstateRama) -- Continuing his fight to secure federal resources for community safety, U.S. Rep. Bill Pascrell, Jr. (D-NJ-09) announced today that the City of Paterson has been awarded $1,672,510 in federal funding so that the police department can hire an additional 10 police officers. The grant was awarded through the Department of Justice's Community Oriented Policing Services (COPS) Hiring Program. Over the past two years, Rep. Pascrell has led the effort in the Congress to save the COPS program from elimination.

Christie Administration Marks Groundbreaking of Affordable Housing Project Assisted with Federal Sandy Recovery Funds

NEW BRUNSWICK, N.J. - September 25, 2013 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony Marchetta today joined New Jersey Economic Development Authority (EDA) President and Chief Operating Officer Timothy Lizura and representatives of Boraie Development, LLC to break ground on Somerset Mews Apartments, a mixed-use, mixed-income affordable housing project in New Brunswick. This project is the first of 37 affordable housing projects that have been awarded federal Community Development Block Grant Disaster Recovery funds to break ground.

Dancer Introduces Innovative Property Tax Reduction Legislation

WASHINGTON, D.C. - September 25, 2013 - (RealEstateRama) -- Assemblyman Ron Dancer has introduced cutting-edge property tax reduction legislation that will boost local economies while providing much needed tax relief to residents.

The Hampshire Companies Acquires Industrial Building in Carteret, NJ

Carteret, N.J. - September 25, 2013 - (RealEstateRama) -- The Hampshire Companies, a full service, private real estate investment firm with equity in assets valued at more than $2.5 billion, has announced the acquisition of 700 Blair Road in Carteret, N.J., a 234,325 -square-foot single-tenant, light industrial building that is fully-leased to Berjé, Inc. as its corporate headquarters. The property was acquired from GP 700 Blair Road, LLC, and the transaction was brokered on behalf of the seller by HFF of Florham Park, N.J

Sandy Recovery – Christie Administration Marks Groundbreaking of Affordable Housing Project Assisted with Federal...

New Brunswick, NJ - September 24, 2013 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony Marchetta today joined New Jersey Economic Development Authority (EDA) President and Chief Operating Officer Timothy Lizura and representatives of Boraie Development, LLC to break ground on Somerset Mews Apartments, a mixed-use, mixed-income affordable housing project in New Brunswick. This project is the first of 37 affordable housing projects that have been awarded federal Community Development Block Grant Disaster Recovery funds to break ground.

Leonard Dipaolo Hired As Middletown Office Branch Manager At Gloria Nilson

WASHINGTON, D.C. - September 23, 2013 - (RealEstateRama) -- Gloria Nilson & Co. Real Estate, one of the preeminent real estate brokerages in New Jersey, announces the hiring of Leonard DiPaolo as the Middletown officebranch manager. DiPaolo brings more than 25 years of real estate management to his new role.

Fall is ideal time to buy or sell a home

WASHINGTON, D.C. - September 23, 2013 - (RealEstateRama) -- For most New Jersey homeowners, the fall brings to mind colorful images of beautifully manicured landscapes, cascading leaves, crisp weather and the nostalgia of the upcoming holiday season. But, did you know that fall ranks second only to spring for the successful resale of home properties? Consider the advice from these prominent New Jersey Realtors who view autumn as a most opportune time to sell one's home.

CONGRESSMAN PASCRELL, SENATOR MENENDEZ ANNOUNCE NEARLY $11 MILLION IN HOUSING GRANTS FOR BERGEN COUNTY

WASHINGTON, D.C. - September 23, 2013 - (RealEstateRama) -- U.S. Congressman Bill Pascrell, Jr. and U.S. Senator Robert Menendez (both D-NJ) today announced that Bergen County will receive nearly $11 million from the U.S. Department of Housing and Urban Development (HUD) for various housing and economic development programs. The grants were a part of a total of $17.6 million awarded to New Jersey, with Bergen County receiving the largest total allocations during this cycle.

Rumana: $3 Million River Cleaning Grant Welcome News for Residents of Passaic River Basin...

WASHINGTON, D.C. - September 23, 2013 - (RealEstateRama) -- Assembly Republican Whip Scott Rumana said the announcement by the Christie administration of the start of a $3 million stream and river cleaning grant program for communities located in the flood-prone Passaic River Basin is welcome news for residents who have endured destructive flooding for years.

Congressman Sires Hails Passage of WRRDA Bill

WASHINGTON, D.C. - September 20, 2013 - (RealEstateRama) -- Today, Congressman Sires proudly supported H.R. 3080, the Water Resources Reform and Development Act, which passed unanimously out of the House Committee on Transportation and Infrastructure. This bipartisan legislation reauthorizes the Water Resources Development Act (WRDA)—legislation responsible for authorizing the water resources program of the Army Corps of Engineers—for the first time since 2007

HUD, NEW JERSEY APARTMENT OWNERS SETTLE CLAIM ALLEGING DISCRIMINATION AGAINST AFRICAN AMERICANS

WASHINGTON - September 16, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that the owners of two apartment buildings in North Arlington, NJ, will pay $21,000 under an Initial Decision and Consent Order resolving allegations that the owners violated the Fair Housing Act by denying rental opportunities to prospective African-American tenants.

Sandy Homebuyer Program Counselors Available at LRRC, Lakewood

WASHINGTON, D.C. - September 12, 2013 - (RealEstateRama) -- The Lakewood Resource and Referral Center (LLRC), 212 Second Street, Suite 204, Lakewood, is making its offices available to the Faith Fellowship CDC (Community Development Corporation), Sayreville, to meet with low-income renters who were living in any one of the nine New Jersey counties* affected by Sandy and might qualify for one of the 500 forgivable loans, up to $50,000, to purchase their first home through the NJHMFA (New Jersey Housing and Mortgage Finance Agency) Sandy Homebuyer Program.

The First Senior Citizen Development in NewJersey Turns 50

LAKEWOOD - September 12, 2013 - (RealEstateRama) -- The year was 1963 and big changes were about to come to Ocean County when plans for a new kind of housing development designed just for seniors were unveiled by developer and sports franchise owner Robert J. Schmertz.

Christie Administration Marks Grand Opening of Basking Ridge Group Home in Bernards Township

BASKING RIDGE, N.J. - September 11, 2013 - (RealEstateRama) -- The New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony L. Marchetta joined the New Jersey Division of Developmental Disabilities (DDD), Bernards Township, and Our House, Inc., in celebrating the grand opening of Basking Ridge Group Home, an affordable permanent supportive rental housing project in Basking Ridge in Somerset County. The HMFA, an affiliate of the Department of Community Affairs (DCA), provided $250,000 in permanent financing through the Special Needs Housing Partnership Loan Program (SNHPLP). Additionally, Bernards Township provided $250,000 in Affordable Housing Trust Funds. The DDD provided a $15,000 sprinkler system subsidy and additional funding for social services and rental assistance

MANHATTAN U.S. ATTORNEY AND DA VANCE ANNOUNCE CIVIL FORFEITURE COMPLAINT AGAINST REAL ESTATE CORPORATIONS...

WASHINGTON, D.C. - September 10, 2013 - (RealEstateRama) -- Preet Bharara, the United States Attorney for the Southern District of New York, James T. Hayes, Jr., the Special Agent-in-Charge of the New York Field Office of the U.S. Immigration and Customs Enforcement’s (“ICE”) Homeland Security Investigations (“HSI”), and Cyrus R. Vance, Jr., the District Attorney for New York County (“DANY”), announced today the filing of a civil forfeiture complaint against the assets of nine corporations controlling real estate in Manhattan, including four luxury residential units and two high-end commercial spaces, as well as against the assets of two related companies, and seeking the imposition of civil money laundering penalties

Popular Government & Nonprofit Press Releases

Lautenberg Announces Millions in New Funding for Housing in New Jersey

WASHINGTON, D.C. - March 18, 2009 - (RealEstateRama) — Today, Senator Frank R. Lautenberg (D-NJ) announced millions of dollars in new funding for New Jersey’s public housing authorities to rehabilitate and modernize public housing units in New Jersey. The capital improvement money was included in the American Recovery and Reinvestment Act signed into law by President Obama.

Recent Government & Nonprofit Press Releases

Norcross Announces $200K+ for Affordable Housing in Camden

U.S. Congressman Donald Norcross (NJ-01) today announced that Saint Joseph’s Carpenter Society will receive $207,500 in federal funding from the U.S. Department of Housing and Urban Development’s (HUD) NeighborWorks America program to help provide affordable housing in Camden.