U.S. Senators Bob Menendez, a senior member of the Senate Banking Committee, and Cory Booker today joined a group of their colleagues in introducing legislation that would require loan quality criteria be made publically available by any lender issuing a significant number of mortgages and home equity lines of credit each year.
Mayor Reed Gusciora on Wednesday signed into law an ordinance amending the Trenton City Code to increase registration fees for vacant properties. The ordinance, which passed the City Council unanimously, goes into effect immediately.
Following Governor Phil Murphy’s State of the State address, Housing and Community Development Network of New Jersey’s (the Network) President and Chief Executive Officer Staci Berger issued the following statement:
Rep. Donald M. Payne, Jr. announced that he has joined three subcommittees of the House Committee on Transportation and Infrastructure. He will serve on the Subcommittees on Railroads, Pipelines, and Hazardous Materials; Highways and Transit; and Aviation
The Morris County Board of Freeholders had the honor of awarding county resolutions this morning to four exceptional county residents, in the fields of teaching, housing and nonprofit giving, who have served as role models in their respective communities.
Ranking Member Sires and Chairman Emeritus Ileana Ros-Lehtinen Introduce Comprehensive Legislation to Address the...
Congressman Sires, Ranking Member of the Subcommittee on the Western Hemisphere, and Chairman Emeritus Ileana Ros-Lehtinen (FL-27) made the following statement after introducing H.R. 7245, The Venezuela Humanitarian Relief, Reconstruction, and Rule of Law Act of 2018, legislation targeting the disintegration of democracy in Venezuela
U.S. Congressman Donald Norcross (NJ-01) announced that Robins’ Nest, Inc. in Glassboro, New Jersey has been awarded a $2,000,000 grant from the U.S. Department of Health and Human Services (HHS) to develop a new Recovery and Housing Program to provide housing and support services for 300 homeless individuals with substance-use disorders.
Toms River, New Jersey—Congressman Tom MacArthur released the following statement on the Puerto Rican governor's decision to increase minimum wage for Puerto Rican construction workers and require the use of project labor agreements in governemnt-funded constuction projects
Representative Bill Pascrell, Jr. (D-NJ-09) announced that the Department of Housing and Urban Development (HUD) awarded $1,544,606 in Housing Choice Vouchers to the Paterson Housing Authority. These HUD grants will be used for the relocation of current members of the Riverside Terrace Development in Paterson which is slated for HUD-approved demolition.
In order to afford a modest, two-bedroom apartment at fair market rent (FMR) in New Jersey, renters need to earn $28.17 per hour. This is NJ’s 2018 Housing Wage, revealed in a national report released today. The report, Out of Reach: The High Cost of Housing, was jointly released by the National Low Income Housing Coalition (NLIHC)
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.
Southern New Jersey Development Council hosted its annual Distinguished Achievement Awards Reception honoring outstanding individuals, organizations and companies in the public and private sectors for leadership in economic development
New Jersey Division of Consumer Affairs Files Complaint Against Contractor Alleging Fraud in Connection...
Attorney General Christopher S. Porrino and the Division of Consumer Affairs have filed a complaint alleging that a contractor doing business along New Jersey’s coast used deceptive practices to obtain more than $1.3 million in federal relief funds from 23 homeowners who sought to have their damaged homes rebuilt, elevated and/or repaired after Superstorm Sandy.
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.