RealEstateRama Authors Posts by RealEstateRama
Menendez Discusses Trump Tax Bill’s Devastating Effects on Homeowners, Housing Market with NJ Realtors
U.S. Senator Bob Menendez (D-N.J.), a senior member of the Senate Finance Committee, today held a conference call with NJ Realtors to explain the many problems with the Republican tax bill and the harmful impact it could have on New Jersey homeowners and the housing market.
Family-owned Snack Innovations, a manufacturer, distributor, and wholesaler of healthy snack foods, has relocated to a new home in Middlesex County, supported by financing received from the New Jersey Economic Development Authority (EDA) and Provident Bank.
NJHMFA Board Approves Affordable Rental and Supportive Housing Projects Financed by Sandy Recovery Funds
The New Jersey Housing and Mortgage Finance Agency (NJHMFA) Board of Directors at its November 9 meeting approved financing commitments, including Superstorm Sandy recovery funding, for a supportive housing project in Union Township that will serve special needs residents and an affordable rental project in Atlantic City
18,000 municipal officials, exhibitors, program participants, and guests are expected to attend the largest annual gathering of municipal officials in the country. The 102nd Annual League of Municipalities Conference will be held at the Atlantic City Convention Center from Tuesday, November 14, through Thursday, November 16.
Christie Administration Marks Groundbreaking of Mixed-Income Apartments in Jersey City Financed with Sandy Recovery...
New Jersey Housing and Mortgage Finance Agency (NJHMFA) Executive Director Anthony L. Marchetta today joined local officials, as well as representatives of the Michaels Development Company and the Jersey City Housing Authority to celebrate the groundbreaking of a mixed-income apartment complex, which is being financed with the help of Superstorm Sandy recovery funds.
When Ramesh Nuthi was looking for a permanent location for his manufacturing business in 2015, he turned to the New Jersey Economic Development Authority (EDA) for support. With just over $645,000 in EDA direct loan funds in hand, Nuthi was able to establish Flame Cut Steel’s new home in an 18,291-square-foot facility in Irvington and purchase new machinery to help expand the company’s services
The former executive director of the Ocean City, New Jersey, Housing Authority (OCHA) was sentenced today to three years of probation for embezzling federal funds received by authority from the U.S. Department of Housing and Urban Development (HUD), Acting U.S. Attorney William E. Fitzpatrick announced
Congressman Tom Reed announced that the Geneva Housing Authority has been awarded a $250,000 grant from the U.S. Department of Housing and Urban Development (HUD). The grant is funded through HUD's Capital Fund Emergency Safety and Security Program to support local housing authorities as they address safety and security issues
SCHUMER, GILLIBRAND ANNOUNCE $250,000 IN FEDERAL FUNDING FOR GENEVA HOUSING AUTHORITY IN THE FINGER...
U.S. Senate Minority Leader Charles E. Schumer and U.S. Senator Kirsten Gillibrand today announce $250,000 in federal funding for the Geneva Housing Authority in the Finger Lakes Region. The funding was allocated through the Department of Housing and Urban Development (HUD) Capital Fund Emergency and Security Program. This funding will allow the Geneva Housing Authority to purchase a security camera system, security alarms, and lighting for the Elmcrest and Courtyard Apartments, to improve security and monitoring
Governor Christie Announces New Job-Creating Rental, Homeownership Opportunities for Thousands of People
Enhancing a commitment to job-creating housing opportunities for special needs populations, senior citizens and low-income families, Governor Chris Christie and Department of Community Affairs Commissioner Charles Richman announced the new construction and rehabilitation of over 4,450 rental units across New Jersey that will generate more than $1 billion in development investments and create 9,500 construction-related jobs.
The City of Trenton will hold two Tax Task Force Community Forums in the Council Chambers at City Hall on August 29 and 31 from 6:00 p.m. to 8:00 p.m. for commercial and residential property owners who have questions about their tax assessments, Mayor Eric E. Jackson announced today.
After several brief delays, the Federal Emergency Management Agency has released its long-awaited revised preliminary Flood Insurance Rate Maps (pFIRMs) for Morris County. Municipal and County officials should receive paper versions of the maps in the next several days via mail.Morris County government seal
In 2010, the Mercer County Board of Taxation ordered Trenton municipal government to conduct a citywide revaluation of more than 30,000 residential and commercial properties in the city. The last revaluation was in 1992. We selected New Jersey-based Appraisal Systems, which has done this work in numerous other municipalities in the state, to undertake the comprehensive analysis.
Congressman Frank Pallone, Jr. (NJ-06) sent a letter to President Donald J. Trump asking him to fulfill his past promises to invest heavily in our nation’s infrastructure. The President has often called for over $1 trillion in investments in our infrastructure, yet no steps have been taken to make this commitment a reality. President Trump has instead taken steps to cut necessary projects and repairs that provide this country – and New Jersey, specifically – with clean water, effective transportation, and job opportunities
U.S. Senator Bob Menendez (D-N.J.) and Congressman Frank Pallone, Jr. (N.J.-06) today announced the introduction of legislation to protect our beaches by setting national coastal water quality standards, and providing federal funding to states to test water quality and notify the public when conditions are unsafe. The announcement was made at the Sea Bright Public Beach.
Congressmen Bill Pascrell, Jr. (D-NJ) and Pat Tiberi (R-OH), members of the House Ways and Means Committee, introduced the Medicare Part B Home Infusion Services Temporary Transitional Payment Act. This bipartisan bill creates a new transitional payment structure for providers of home infusion services before policies signed into law in the 21st Century Cures Act take effect in 2021.
Crawford, Marion, Seneca, Wyandot Health Departments Receive Funding from Ohio EPA; Help Homeowners with...
Ohio EPA is helping eligible homeowners in Crawford, Marion, Seneca and Wyandot counties repair or replace failing home sewage treatment systems (HSTS) with principal forgiveness loans to their county health departments.
U.S. Senator Bob Menendez (D-NJ) co-authored a letter to Housing and Urban Development (HUD) Secretary Ben Carson with 28 U.S. senators, urging him to reinstate resources that protect LGBTQ people from housing discrimination. These resources, designed to help housing providers comply with HUD’s nondiscrimination rules, were removed from HUD’s website in recent months.
The Federal Emergency Management Agency plans to release its long-awaited revised preliminary Flood Insurance Rate Maps (pFIRMs) for Morris County on July 28. Once finalized and adopted, these new maps will be used to review development plans countywide. They will be key to determining if flood insurance is required and the rates that property owners will pay to the National Flood Insurance Program
Nearly five years ago, Superstorm Sandy devastated the Jersey shore and forever changed its landscape. Ocean County — my home — was the epicenter of the storm, and half of all New Jersey Sandy flood claims happened here. An estimated 346,000 homes were damaged or destroyed, resulting in over $30 billion in losses.