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Homes Spending Fewer Days on Market in First Half of 2018

New Jersey’s housing market is steady in the second quarter of 2018, with prices on the rise and properties spending fewer on the market, according to NJ Realtors® data. The median sales price of a single-family home in June was $340,000, up 4.6 percent from last year.

July 20, 2018 DCA Proposes Reallocating Sandy Recovery Funds to Continue Providing Housing Counseling...

The New Jersey Department of Community Affairs (DCA), Sandy Recovery Division is proposing to reallocate Community Development Block Grant Disaster Recovery (CDBG-DR) funds to the Sandy Recovery Housing Counseling Program and Rental Assistance Program in order to meet the continuing needs of highly vulnerable households hit hard by Superstorm Sandy.

New Report: NJ Stuck as Sixth Most Expensive Place to Rent

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)

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

Mayors Look for Solutions on Property Taxes 102nd Annual Conference of the League of...

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.

City of Trenton Will Hold Two Tax Forums for Property Owners Seeking More Information...

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.

DCA Announces Housing Recovery Information Session in Monmouth County to Help Homeowners and Rental...

The New Jersey Department of Community Affairs today announced the 44th Housing Recovery Information Session will be held Tuesday, June 20, 2017, in Union Beach to assist storm-affected homeowners participating in the Reconstruction, Rehabilitation, Elevation and Mitigation (RREM) Program and the Low- to Moderate-Income (LMI) Homeowner Rebuilding Program, as well as rental property owners participating in the Landlord Rental Repair Program (LRRP)

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.

Christie Administration Marks Groundbreaking of Housing for Homeless in Union City Using Sandy Special...

ew Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony L. Marchetta today joined local officials and community leaders to mark the groundbreaking of 1516-1518 Palisade Avenue, a project that adaptively reuses two properties to provide supportive housing for homeless families and individuals

NJCDC to Celebrate Global YouthBuild Day with Service Project and Memorial

In celebration of Global YouthBuild Day, all around the country YouthBuild programs, students, graduates, and volunteers will be working together to make a positive impact within their community.

200+ Volunteers to Clean and Plant Gardens in Paterson

In celebration of Global Youth Service Day (GYSD), New Jersey Community Development Corporation’s (NJCDC) AmeriCorps program will be hosting a day of gardening and community cleanup service projects within Paterson’s Great Falls Promise Neighborhood--the neighborhood NJCDC serves

Financial Literacy Courses for Realtors

To assist Realtors® in understanding the importance of financial planning and how to best implement processes for their own needs, New Jersey Realtors® will be offering a financial literacy series June 7, 8, and 9 in concert with Monmouth University

DCA Announces Expanded Housing Recovery Information Session in Ocean County to Help Homeowners and...

The New Jersey Department of Community Affairs today announced the 42nd Housing Recovery Information Session will be held Wednesday, March 22, 2017, in Brick Township to assist storm-affected homeowners participating in the Reconstruction, Rehabilitation, Elevation and Mitigation (RREM) Program and the Low- to Moderate-Income (LMI) Homeowner Rebuilding Program, as well as rental property owners participating in the Landlord Rental Repair Program (LRRP).

Deadline Extended as EDA Seeks Purchasers to Develop Most Valuable Real Estate in North...

The New Jersey Economic Development Authority (EDA) announced today it has extended the deadline for a Request for Qualifications (RFQ) related to the purchase and development of an 8.75-acre site on the Camden Waterfront. Eligible respondents must now submit qualifications by 2 p.m. on April 12, 2017.

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

The New Jersey Department of Community Affairs (DCA) today announced a free Housing Resource Fair will be held Thursday, February 23, 2017, in Newark, Essex County, to provide Sandy-impacted residents with information about helpful housing resources. While applications for grant funds and housing vouchers are no longer being accepted, resources such as housing counseling, utility assistance, and housing search help are still available.

NJ Legislature Approves Code Blue Program for Counties

The New Jersey State Senate voted in favor of a bill that requires county emergency management coordinators to establish a Code Blue Program to shelter homeless people during severe weather events. Approved by the Assembly back in December, the bill now goes to Governor Christie to be signed into law

NJ Realtors® Testifies About Sprinkler Legislation

Last week, staff from New Jersey Realtors®’ government affairs department attended the Assembly Environment and Solid Waste committee hearing to testify regarding lawn sprinkler system legislation. The bill, which was introduced in the early 2000s in response to a drought, would require residential and commercial properties with a lawn sprinkler system to install a rain-sensing device before that property could be sold.

Morris Residents: January is Radon Action Month — Check Your Home for Radon

With January marking national Radon Action Month, the state Department of Environmental Protection urges residents in Morris County and across the state  to test for this colorless and odorless radioactive gas – the second leading cause of lung cancer behind smoking.

Christie Administration Announces Housing Recovery Information Session in Ocean County to Help Homeowners and...

The Christie Administration today announced the 41st Housing Recovery Information Session will be held Wednesday, February 1, 2017, in Long Beach Township to assist storm-affected homeowners participating in the Reconstruction, Rehabilitation, Elevation and Mitigation (RREM) Program and the LMI Homeowner Rebuilding Program, as well as rental property owners participating in the Landlord Rental Repair Program (LRRP)

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

Pascrell Announces $1.1M Federal Grant for Superstorm Sandy Recovery

U.S. Representative Bill Pascrell, Jr. (D-NJ-09) announced the awarding of a $1,162,364 Federal Emergency Management Agency grant to New Jersey which will be used to restore Passaic Valley Sewerage Commission (PVSC) property damaged by Hurricane Sandy.