SENATORS MENENDEZ, JOHANNS APPLAUD HOUSE PASSAGE OF BIPARTISAN BILL TO ENSURE HOUSING FOR PEOPLE...
WASHINGTON, DC - December 22, 2010 - (RealEstateRama) -- Today, the U.S. House of Representatives unanimously approved bipartisan legislation that will expand affordable housing options for Americans with disabilities. The Frank Melville Supportive Housing Investment Act, sponsored by Senators Robert Menendez (D-NJ) and Mike Johanns (R-NE) in the Senate and Representatives Christopher Murphy (D-CT) and Judy Biggert (R-IL) in the House, will likely quadruple the number of new affordable rental units built each year for people with disabilities by the U.S. Department of Housing and Urban Development's main program to provide affordable housing for people with disabilities.
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.
DCA, HMFA Announce Winners of 2010 Excellence in Housing Awards
ATLANTIC CITY, N.J. - September 29, 2010 - (RealEstateRama) -- The New Jersey Department of Community Affairs (DCA) and New Jersey Housing and Mortgage Finance Agency (HMFA) today honored eight organizations with the Excellence in Housing Awards in recognition of their outstanding work in housing development.
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
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.
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.
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.
DCA awards $500,000 in Federal Funding for Affordable Housing Project in Egg Harbor City
TRENTON, NJ - October 15, 2009 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Acting Commissioner Charles A. Richman today announced Egg...
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.
DCA & HMFA Welcome Glassboro to Live Where You Work Homebuyer Program
GLASSBORO, NJ - June 8, 2009 - (RealEstateRama) – Glassboro Mayor Leo J. McCabe today joined Department of Community Affairs (DCA) Commissioner Joseph Doria and New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia at Borough Hall at 1 South Main Street to announce that Glassboro is the newest member of the Live Where You Work Program. The borough is the 14th municipality to partner with HMFA on the program.
$40 Million in Federal Tax Credit Assistance for Low Income Housing Development Announced
UNION CITY, NJ - May 28, 2009 - (RealEstateRama) — Governor Jon S. Corzine today lauded the announcement by Department of Community Affairs (DCA) Commissioner Joseph Doria of the award of $19.5 million in federal Low Income Housing Tax Credit Funds (LIHTC) and the designation of $20.6 million in American Recovery and Reinvestment (ARRA) funding through the Tax Credit Assistance Program (TCAP) that will spur the creation of 879 new housing units throughout the state.
COAH Issues Affordable Housing Funding Guide
TRENTON, NJ - October 28, 2008 - (RealEstateRama) — Department of Community Affairs (DCA) Commissioner Joseph Doria today announced that an Affordable Housing Funding Source...
Proposes Exemption for Rebuilt Owner-occupied Homes from Growth Share Obligations
TRENTON, NJ - September 22, 2008 - (RealEstateRama) — The Council on Affordable Housing (COAH) today directed Franklin Borough (Sussex County) to refund fees...
DCA ANNOUNCES PROPERTY TAX RELIEF
TRENTON, NJ - July 11, 2008 - (RealEstateRama) — New Jersey Department of Community Affairs (DCA) Commissioner Joseph Doria today announced 2008 Extraordinary Aid...
DCA AWARDS $52.3 MILLION IN AFFORDABLE HOUSING FUNDS
TRENTON, N.J. – Department of Community Affairs (DCA) Commissioner Joseph V. Doria, Jr. and New Jersey Housing & Mortgage Finance Agency (HMFA) Executive Director...
COAH Adopts New Affordable Housing Income Limits
TRENTON, N.J. – March 25, 2008 - The Council on Affordable Housing (COAH) today adopted new income limits for New Jersey’s six housing regions. ...
COAH Approves Over $3 Million In Affordable Housing Funds
Funds to Provide Affordable Units in Five Municipalities Across New Jersey
TRENTON, N.J. – The Council on Affordable Housing (COAH), a Department of Community Affairs’...
DCA Announces Newest Members of Main Street New Jersey
Program Promotes Historic & Economic Redevelopment of Traditional Business Districts
TRENTON, N.J. - December 27, 2007 - Department of Community Affairs’ (DCA), Acting Commissioner Joseph Doria today...
COAH Unveils Revised Third Round Affordable Housing Rules
TRENTON, N.J. - December 17, 2007 - The Council on Affordable Housing (COAH) today unveiled its revised third round rules and methodology at its monthly...