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HMFA Board Action Provides Significant Increase in Affordable Housing Opportunities

TRENTON, NJ - July 13, 2015 - (RealEstateRama) -- The New Jersey Housing and Mortgage Finance Agency (HMFA), an affiliate of the Department...

Christie Administration Secures Federal Funding to Help Provide Permanent Supportive Rental Housing

The Christie Administration today announced that the New Jersey Housing and Mortgage Finance Agency (HMFA), an affiliate of the New Jersey Department of Community Affairs (DCA), in partnership with the New Jersey Department of Human Services (DHS), has received $5,099,229 in rental assistance funding from the U.S. Department of Housing and Urban Development (HUD).

DCA & HMFA Announce New Home Rehabilitation Program for Camden City Homeowners

CAMDEN, N.J. - April 4, 2011 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Commissioner Lori Grifa today announced that the New Jersey Housing and Mortgage Finance Agency (HMFA) is partnering with the City of Camden and a host of government, nonprofit and private organizations to launch a new home rehabilitation program for eligible Camden homeowners. The Camden Program Offering Widespread Energy Recovery (POWER) Residential initiative will provide up to $16,000 in financial assistance per household for essential home repairs and energy efficiency improvements. The announcement took place at Cramer Hill Community Center in Camden.

DCA & HMFA Celebrate Grand Opening of Evans Place in Pompton Plains

POMPTON PLAINS, N.J. - December 8, 2010 - (RealEstateRama) -- Representatives from the New Jersey Housing and Mortgage Finance Agency (HMFA) joined local officials today to celebrate the grand opening of Evans Place, an affordable supportive housing community for individuals with special needs. The HMFA, an affiliate of the Department of Community Affairs (DCA), provided $2.4 million in construction and permanent financing from the Special Needs Housing Trust Fund.

DCA & HMFA Celebrate Grand Opening of Hamilton Supportive Housing Community in Neptune City

NEPTUNE CITY, N.J. - December 1, 2010 - (RealEstateRama) -- Representatives from the New Jersey Housing and Mortgage Finance Agency (HMFA) joined local officials today to celebrate the grand opening of Hamilton Supportive Housing, an affordable housing residence for individuals with special needs. The HMFA, an affiliate of the Department of Community Affairs (DCA), provided $556,000 in construction and permanent financing for the project from the Special Needs Housing Trust Fund. An additional $41,000 in construction and permanent financing came from the New Jersey Community Housing Partnership Program.

DCA & HMFA Break ground on 30-Unit Affordable Apartment Community in Somerdale

SOMERDALE, N.J. - December 1, 2010 - (RealEstateRama) -- Representatives from the New Jersey Housing and Mortgage Finance Agency (HMFA) joined local officials today to break ground on Gateway Village, an affordable apartment community for families located in Somerdale, Camden County. The HMFA, an affiliate of the Department of Community Affairs (DCA), provided permanent mortgage financing in the amount of $352,000 for the project. Gateway Village was also awarded federal Low Income Housing Tax Credits, which will generate approximately $4.4 million in private equity. In addition, approximately $1 million in funding came from DCA’s Balanced Housing Program.

Affordable Senior Housing Community Dedicated in New Brunswick

NEW BRUNSWICK, N.J. - November 22, 2010 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony L. Marchetta today joined local officials to dedicate 55 Harvey at Providence Square, a 53-unit affordable senior housing community located in New Brunswick’s Transit Village area. The HMFA, an affiliate of the New Jersey Department of Community Affairs (DCA), helped finance the project by providing $7.4 million in federal tax credit funds toward development costs

DCA & HMFA Announce Kickoff of Affordable Housing Projects in Franklin Twp., Somerset County

FRANKLIN TWP., N.J. - November 11, 2010 - (RealEstateRama) -- Representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA), an affiliate of the Department of Community Affairs, today joined local officials to celebrate the kickoff of Parkside Senior and Parkside Family, two projects that will provide 140 units of affordable housing to people in the community. Construction has started on both projects with an anticipated completion date of 2011 for Parkside Senior and 2012 for Parkside Family.

Medford Senior Housing Project Dedicated in Medford Township

MEDFORD TWP., N.J. - October 26, 2010 - (RealEstateRama) -- Representatives from the New Jersey Housing and Mortgage Finance Agency (HMFA) today joined local officials to celebrate the completion of 36-unit affordable senior apartments. Medford Senior Housing is a housing development located at 8 Jones Road in Medford Township. The HMFA, an affiliate of the Department of Community Affairs, provided the mortgage and tax credit funding for the project.

New Jersey to Receive Additional Support for Hardest Hit Homeowners

TRENTON, N.J. - October 13, 2010 - (RealEstateRama) -- The Christie Administration announced today that New Jersey will receive an additional $188 million in federal funding for anti-foreclosure assistance to help struggling homeowners. The additional funding means that $300 million is now available for homeowners facing foreclosure.

New Jersey Home Keeper Program will Aid between 2,500 – 4000 Households Statewide

Trenton, NJ - September 23, 2010 - (RealEstateRama) -- The Christie Administration announced today that New Jersey will receive $112 million in federal funding for anti-foreclosure assistance to help struggling homeowners.

DCA, HMFA Announce Funding Support for Special Needs Housing Project in Morris County

TRENTON, N.J. - July 13, 2010 - (RealEstateRama) -- New Jersey Department of Community Affairs’ (DCA) Commissioner Lori Grifa today announced that the New Jersey Housing and Mortgage Finance Agency’s (HMFA) Board approved a financing commitment from the state’s Special Needs Housing Trust Fund

HMFA Receives $966,407 in Federal Funding to Support Foreclosure Prevention Counseling Efforts

TRENTON, N.J. - May 13, 2010 - (RealEstateRama) -- New Jersey Department of Community Affairs’ (DCA) Acting Commissioner Lori Grifa today announced that the New Jersey Housing Mortgage Finance Agency (HMFA) has been awarded a $966,407 federal grant to support foreclosure prevention efforts statewide.

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

LAKEWOOD TWP., N.J. - May 10, 2010 - (RealEstateRama) -- Lakewood Township Mayor Steven Langert today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) at the Lakewood Municipal Building, 231 Third Street, to announce that the township is the newest member of the Live Where You Work program.

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

MANCHESTER TWP., N.J. - April 20, 2010 - (RealEstateRama) -- Manchester Township Mayor Michael Fressola today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) at the Town Hall Civic Center, 1 Colonial Drive, to announce that the township is the newest member of the Live Where You Work program.

Lautenberg And Menendez Announce More Than $49 Million In Federal Recovery Act Funding For...

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.

HMFA Breaks Ground on 90-Unit Affordable Housing Building in Lower Township

Lower Township, NJ - October 19, 2009 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia today joined state and local officials to break ground on Conifer Village, a 90-unit affordable housing apartment building located at 3805 Bayshore Road in Lower Township. The HMFA is providing $6.5 million in mortgage and tax credit funding for the project.

New Jersey’s Special Needs Housing Trust Fund Wins National Award

TRENTON, NJ - October 14, 2009 - (RealEstateRama) -- Department of Community Affairs (DCA) Acting Commissioner Charles A. Richman today announced the New Jersey Special Needs Housing Trust Fund won a 2009 Award for Program Excellence from the National Council of State Housing Agencies.

New Jersey’s Mortgage Mediation Program Working to Keep Families in Their Homes

TRENTON, NJ - October 9, 2009 - (RealEstateRama) -- More than 2,600 New Jersey homeowners have received counseling assistance through the State's Foreclosure Mediation Program, Governor Jon S. Corzine said today.

DCA & HMFA Break Ground, Announce Opening of Affordable Housing Projects in Franklin Township

FRANKLIN TWP., NJ - September 18, 2009 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Acting Commissioner Charles A. Richman and New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia today joined local officials to break ground on Franklin Boulevard Commons

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

Norcross Announces $200K+ for Affordable Housing in Camden

U.S. Congressman Donald Norcross (NJ-01) today announced that Saint Joseph’s Carpenter Society will receive $207,500 in federal funding from the U.S. Department of Housing and Urban Development’s (HUD) NeighborWorks America program to help provide affordable housing in Camden.