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June 2, 2017 Christie Administration Marks Grand Opening of Lacey Township Affordable Housing Units...

The first phase of an affordable housing development in Lacey Township, which was built using Superstorm Sandy recovery funds and is now home to several Sandy-impacted residents, marked its grand opening this week with New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony L. Marchetta and other local officials.

DCA to Host Housing Resource Fair in Bergen County for Sandy-Impacted Residents

The New Jersey Department of Community Affairs (DCA) today announced a free Housing Resource Fair will be held Tuesday, December 13, 2016, in Little Ferry, Bergen County, to provide Sandy-impacted residents with information about available housing resources

New Jersey Attorney General, Division of Consumer Affairs, and Department of Banking and Insurance...

Attorney General Christopher S. Porrino, the Division of Consumer Affairs, and the Department of Banking and Insurance have filed an action against three North Jersey individuals and the companies they operated, for allegedly defrauding financially strapped consumers who paid for mortgage foreclosure rescue services to save their homes from foreclosure

Statewide Housing Association Joins State to Host Housing Resource Fairs for Sandy-Impacted Residents

Housing and Community Development Network of New Jersey (the Network) is partnering with the New Jersey Department of Community Affairs (DCA) and the New Jersey Housing and Mortgage Finance Agency (NJHMFA) to host free Housing Resource Fairs in Monmouth and Ocean counties to provide Sandy-impacted residents with information about available housing resources.

Consumers Stand to Win Big With ‘Know Before You Owe’ Rule

Since the October 2015 implementation of the Consumer Financial Protection Bureau’s ‘Know Before You Owe’ mortgage initiative, Realtors® have raised red flags over challenges in gaining access to what’s known as the mortgage “closing disclosure” form, or CD. The CD is delivered to homebuyers in advance of their closing and contains important financial information related to their purchase.

Spotlight On: Agencies Keeping NJ Residents in their Homes

Representatives from Valley National Bank presented housing counselors from non-profit community development organizations their latest homeowner mortgage product. Pictured from left to right: Staci Berger, president and chief executive officer of the Network; Bernadette Mueller, executive vice president and senior community reinvestment act officer, Valley National Bank; Elizabeth DeLaney, first senior vice president; Victor Urbanovich, senior vice president and residential mortgage loan officer, Valley National Bank; and Sharon Barker, vice president and chief operating officer, the Network

Christie Administration Marks Groundbreaking for Keansburg Mixed-Income in Monmouth County

New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony L. Marchetta recently joined elected state and local officials and community leaders to celebrate the groundbreaking of Keansburg Mixed Income, a project that features an eight-story high-rise complex of 186 rental apartments. The new residences will be affordable and market-rate. The developer is RPM Development LLC located in Montclair.

Christie Administration Announces Housing Recovery Information Session in Hudson County to Assist Homeowners Hard...

In its continued effort to meet and assist Sandy-impacted families right in their home communities, the Christie Administration today announced that the 31st Information Session will be held Thursday, February 25, 2016, at the Guarini Institute for Government and Leadership at Saint Peter’s University in Jersey City, to provide personal assistance for storm-affected homeowners participating in the Reconstruction, Rehabilitation, Elevation and Mitigation (RREM) Program and LMI Homeowners

New Jersey Joins Multi-State Settlement with HSBC Over Alleged Mortgage Abuses

Acting Attorney General John J. Hoffman announced today that New Jersey has joined a major multi-state and federal settlement with mortgage lender and servicer HSBC that resolves allegations the company engaged in abusive business practices in the handling of its mortgage loans

Acting Commissioner Badolato Congratulates Graduating Class of Mortgage Loan Officers at Camden County Community...

Department of Banking and Insurance Acting Commissioner Richard J. Badolato recently congratulated 19 students graduating from a class for Mortgage Loan Officers at Camden County Community College and told them that their training prepared them to serve a vital role in today’s economy

Menendez Leads Meeting to Address NJ Foreclosure Crisis, Protect Homeowners, Communities

U.S. Senator Bob Menendez today held a roundtable discussion with a wide-range of stakeholders in his Newark office to develop solutions to tackle New Jersey’s foreclosure crisis. New Jersey’s foreclosure rate outpaces every other state and is two and one-half times the national rate.

Christie Administration Marks Grand Opening of Affordable Housing Project in Tenafly, Bergen County Assisted...

The New Jersey Housing and Mortgage Finance Agency (HMFA) today joined local officials and representatives from Bergen County United Way and Madeline Housing Partners, LLC to celebrate the grand opening of Tenafly Supportive Housing, a six-unit affordable housing development for special needs individuals in Tenafly Township, Bergen County

Christie Administration Marks Groundbreaking of Affordable Housing Project in Bergen County Financed with Federal...

New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony L. Marchetta today joined local officials and representatives of Domus Corporation and The Housing Development Corporation of Bergen County to celebrate the groundbreaking of Northvale Senior Residence, a 30-unit affordable senior housing development.

Essex County, New Jersey, Man Sentenced To Two Years In Prison For His Role...

A Nutley, New Jersey, man was sentenced today to 24 months in prison for his role in a massive mortgage fraud scheme involving multiple properties in Elizabeth, New Jersey, U.S. Attorney Paul J. Fishman announced

Pallone Holds Roundtable on Dodd-Frank and Protecting New Jersey from Abusive Mortgage Industry Practices

In recognition of the 5th anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Congressman Frank Pallone, Jr. (NJ-06) held a roundtable discussion today in Highland Park with NJ Citizen Action, consumer protection advocates and New Jerseyans who have benefited from the law. The roundtable highlighted the Dodd-Frank law and the work of the Consumer Financial Protection Bureau (CFPB).

Jersey City Mortgage Broker Sentenced to Eight Years in State Prison for $1.2 Million...

Acting Attorney General John J. Hoffman announced that a mortgage broker from Jersey City was sentenced to state prison today for laundering the proceeds of a criminal scheme in which he conspired to steal more than $1.2 million from lenders by filing fraudulent mortgage applications, diverting mortgage proceeds and falsifying settlement statements.

Christie Administration Marks Grand Opening of Sawtelle Emmans Home in Roxbury Township

New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony L. Marchetta recently joined representatives of the New Jersey Department of Human Services’ Division of Developmental Disabilities (DDD), Our House, Inc. (OHI), and Youth Consultation Service (YCS) Inc. to celebrate the grand opening of Sawtelle Emmans Home, an affordable permanent supportive rental housing project in the Roxbury Township, Morris County.

Menendez Commends HUD Actions to Help Struggling Homeowners and Communities

U.S. Senator Bob Menendez commended actions announced today by the Department of Housing and Urban Development’s Federal Housing Administration (FHA) to strengthen the Distressed Asset Stabilization Program (DASP) in order to help struggling homeowners avoid foreclosure and stay in their homes, and assist communities suffering with high concentrations of foreclosures and distressed mortgages.

Pallone Announces Two Grants to Perth Amboy Organizations for Housing Counseling

Congressman Frank Pallone, Jr. (D-NJ) today announced two grants through the U.S. Department of Housing and Urban Development (HUD) Housing Counseling Program to help provide individuals and families with advice and information on housing issues. The goal is to improve financial literacy, expand homeownership opportunities, prevent foreclosure, and improve access to affordable housing. Through this program, the Housing Authority of the City of Perth Amboy has been awarded a $13,071 grant, and the Puerto Rican Association for Human Development in Perth Amboy has been awarded a $12,323 grant

HMFA Launches Upgraded New Jersey Housing Resource Center (NJHRC) Website

The New Jersey Housing and Mortgage Finance Agency (HMFA) today announced the launch of its new and improved housing locator service, the New Jersey Housing Resource Center (NJHRC), located at www.njhrc.gov. Upgrades include a brand new look and a streamlined user experience, complete with a more refined how-to section and updated housing resources

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

STATEMENT BY MAYOR ERIC E. JACKSON ON THE CITY’S PROPERTY REVALUATION

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.