News

Extension Of Property Tax Relief Provision Originally Authored By Menendez Passes Senate

WASHINGTON, DC - March 15, 2010 - (RealEstateRama) — The U.S. Senate extended a property tax relief law originally authored by U.S. Senator Robert Menendez (D-NJ).

Newark’s Public Housing Opens Doors to Free Speech

NEWARK, NJ - March 15, 2010 - (RealEstateRama) — The ACLU-NJ announced a free speech victory yesterday for Newark’s political candidates, who will now be able to extend their campaigns within the walls of Newark’s public housing complexes.

DCA & HMFA Welcome Voorhees to Live Where You Work Homebuyer Program

VOORHEES, N.J. - March 11, 2010 - (RealEstateRama) — Voorhees Township Mayor Michael Mignogna today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) at the Community Center at Lions Lake, 101 Dutchtown Road, to announce that the township is the newest member of the Live Where You Work program.

DCA & HMFA Welcome Gloucester City to “Live Where You Work” Homebuyer Program

GLOUCESTER CITY, N.J. - February 19, 2010 - (RealEstateRama) — Gloucester City Mayor William James today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) at the Community Center, 230 Nicholson Road, to announce that the City is the newest member of the Live Where You Work program.

Governor Christie Forms Housing Opportunity Task Force to Restructure Affordable Housing Mission

Trenton, N.J. - February 9, 2010 - (RealEstateRama) — Today Governor Chris Christie signed Executive Order 12 creating the Housing Opportunity Task Force, which will initiate an immediate review of the Commission on Affordable Housing and its continued existence.

DeCroce And Bramnick Praise Christie’s Choice Of Sen. Karrow To Lead Coah Task Force

Trenton, NJ - February 9, 2010 - (RealEstateRama) — Assembly Republican Leader Alex DeCroce and Conference Leader Jon Bramnick both lauded Gov. Christie’s choice of former state Sen. Marcia Karrow to chair the newly formed Housing Opportunity Task Force that will study issues surrounding the Council on Affordable Housing (COAH) and its third round rules.

New Jersey HMFA Extends it First-Time Homebuyers “Prefund” Program

TRENTON, N.J. - February 9, 2010 - (RealEstateRama) — For first-time homebuyers thinking of buying their first home in New Jersey, the combined incentive and mortgage programs from the New Jersey Housing and Mortgage Finance Agency (NJHMFA) and the federal government have never been better.

DCA & HMFA Welcome Pemberton Township to “Live Where You Work” Homebuyer Program

PEMBERTON TOWNSHIP, N.J. - February 4, 2010 - (RealEstateRama) — Pemberton Township Mayor David Patriarca today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) at the Municipal Building, 500 Pemberton-Browns Mills Road, to announce that the Township is the newest member of the Live Where You Work program.

Foundation Helps Address Workforce Housing Issues for New Jersey’s Working Families

Edison, N.J. - January 25, 2010 - (RealEstateRama) — The New Jersey Association of REALTORS® Housing Opportunity Foundation, Inc. (NJARHOF) is partnering with the National Association of REALTORS® (NAR) and select lenders and nonprofit housing organizations to increase homeownership opportunities for working families throughout New Jersey through NAR’s Employer-Assisted Housing (EAH) class.

Lautenberg And Menendez Announce More Than $49 Million In Federal Recovery Act Funding For Affordable Housing In New Jersey

NEWARK, NJ - January 19, 2010 - (RealEstateRama) — Sens. Frank R. Lautenberg and Robert Menendez today announced the U.S. Department of the Treasury has awarded the New Jersey Housing and Mortgage Finance Agency (HMFA) more than $49 million from the American Recovery and Reinvestment Act (ARRA) to finance the expansion and improvement of affordable housing in New Jersey.

HUD announces nearly $47 million in Recovery monies to New Jersey to stabilize neighborhoods

NEWARK, NJ - January 14, 2010 - (RealEstateRama) — U.S. Housing and Urban Development Secretary Shaun Donovan today announced that HUD is awarding $46,826,965 in Recovery Act funding to the Camden Redevelopment Agency, the City of Newark and the Camden Housing Authority under HUD’s Neighborhood Stabilization Program (NSP).

HUD awards almost $400,000 in New Jersey to help public housing residents obtain jobs, economic independence

NEWARK, NJ - January 12, 2010 - (RealEstateRama) — The U.S. Department of Housing and Urban Development today awarded $389,711 to seven public housing authorities in New Jersey to help public housing residents find jobs that lead them toward economic independence. (Please see New Jersey grantees below.)

Former Jersey City Housing Department Employee Indicted for Allegedly Accepting $50,000 in Corrupt Payments

NEWARK, NJ - January 12, 2010 - (RealEstateRama) — A former Jersey City Housing Department employee was indicted today on charges in connection with his acceptance of $50,000 in corrupt cash payments in exchange for his official influence and assistance on real estate development matters in Jersey City, U.S. Attorney Paul J. Fishman announced.

Obama Administration Awards Over $22 Million in Homeless Grants Throughout New Jersey

WASHINGTON, DC - December 23, 2009 - (RealEstateRama) — The Obama Administration today announced that the U.S. Department of Housing and Urban Development (HUD) is renewing grant funding needed to keep 159 local homeless assistance programs throughout New Jersey operating.

Property Tax Relief Funding Restored League Salutes Governor Corzine

Trenton, NJ - December 22, 2009 - (RealEstateRama) — The League of Municipalities welcomes the news that Governor Corzine has balanced the budget, without resorting to cuts in crucial municipal property tax relief funding.