RealEstateRama Authors Posts by Newjersey RealEstateRama
Commissioner Badolato Reminds Homeowners and Renters to Create or Review their Home Inventory
Citing a recent survey conducted by the National Association of Insurance Commissioners (NAIC), Department of Banking and Insurance Commissioner Richard J. Badolato today reminded homeowners and renters to set up or review their home inventory to ensure that they are prepared in case a covered loss occurs. According to the NAIC survey, less than half of homeowners have a home inventory. Of those who do, more than 40 percent have not updated it in more than a year
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.
Members of NJ Delegation Call for Trump Admin to Fund Gateway Project
Congressman Donald M. Payne, Jr. signed a New Jersey congressional delegation letter, led by U.S. Senators Bob Menendez and Cory Booker, to U.S. Department of Transportation Secretary Elaine Chao urging her to continue federal funding for the Gateway Project, despite the Trump Administration’s budget that calls for zeroing-out the transit New Starts program, the primary funding source to build new Hudson River rail tunnels and upgrade the Northeast Corridor. Sen. Menendez is the ranking Democrat on the Senate’s transit subcommittee with direct oversight of the federal New Starts program
Payne Urges Christie, NJ Transit, NJDOT to Reconsider Plan to Reroute Midtown Direct Service...
Congressman Donald M. Payne, Jr. (NJ-10), a member of the House Committee on Transportation and Infrastructure, sent a letter to New Jersey Governor Chris Christie, Transportation Commissioner and NJ Transit Board Chair Richard Hammer, and NJ Transit Executive Director Steven Santoro, urging them to reconsider their plan to reroute Midtown Direct service during Amtrak’s New York Penn Station track work this summer.
NJ House Reps Laud $10M for NJ Transit to Install Positive Train Control
All twelve New Jersey U.S. House Representatives lauded the U.S. Department of Transportation’s $10 million grant to New Jersey Transit (NJT) to advance its implementation of Positive Train Control (PTC) along its rail lines.
Norcross, McKinley Join Construction Employers to Commemorate Infrastructure Week
Co-Chairs of the Congressional Building Trades Caucus, Congressmen Donald Norcross (D-NJ) and David McKinley (R-WV), along with the Construction Employers of America, commemorated Infrastructure Week 2017 and called for robust infrastructure investments at a press conference on Captiol Hill
Payne Introduces Resolution to Support Infrastructure Week
Congressman Donald M. Payne, Jr. (NJ-10), a member of the House Committee on Transportation and Infrastructure, introduced a resolution expressing support for the designation of the week of May 15 through May 19, 2017, as Infrastructure Week
Commissioner Badolato Urges Homeowners to Review Insurance Risks
Department of Banking and Insurance Commissioner Richard J. Badolato today highlighted the importance of a new nationwide survey demonstrating the need for New Jersey homeowners to review their homeowners insurance policies in consideration of natural disaster threats. According to a new survey by the National Association of Insurance Commissioners (NAIC), fewer than 22 percent of homeowners view natural disasters as an important factor when updating their homeowners insurance policy.
Payne, Jr. Visits Century-Old Portal Bridge, Highlights Need for Robust Federal Infrastructure Investment
Today, as part of Infrastructure Week, Congressman Donald M. Payne, Jr. (NJ-10) joined Amtrak representatives for a Portal Bridge site tour and a briefing about the condition of the bridge and the larger Gateway Program for rail infrastructure improvements along the Northeast Corridor
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
Pallone Unveils Comprehensive Infrastructure Package
In Carteret, Congressman Frank Pallone, Jr. (NJ-06) unveiled legislation to invest in America’s infrastructure, create jobs and modernize our economy for the 21st century. Congressman Pallone’s bill provides for funding for a comprehensive 21st Century infrastructure package including key areas such as broadband, drinking water, healthcare, the electric grid, brownfield redevelopment and renewable energy.
New Jersey Division of Consumer Affairs Files Complaint Against Contractor Alleging Fraud in Connection...
Attorney General Christopher S. Porrino and the Division of Consumer Affairs have filed a complaint alleging that a contractor hired to perform home improvement and elevation projects on Superstorm Sandy-damaged houses used deceptive practices to obtain nearly $350,000 in federal relief funds from seven homeowners.
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
New Jersey Future, New Jersey Builders Release New Guide to Green Stormwater Management
At the Atlantic Builders’ Convention today, New Jersey Future and the New Jersey Builders Association (NJBA) jointly released a new Developers’ Green Infrastructure Guide. The guide is designed to help developers answer basic questions about green infrastructure, including what it is, how it works, what are its costs and benefits, and why it makes good business sense. It includes case studies, side-by-side site plan comparisons and interactive decision-making tools.
Congressional Building Trades Caucus Launches Infrastructure Series
Congressmen Donald Norcross (D-NJ) and David McKinley (R-WV) hosted a meeting of the Congressional Building Trades Caucus to discuss infrastructure issues and review the American Society of Civil Engineers’ (ASCE) 2017 Infrastructure Report Card, which rated America’s infrastructure a D+.
New Jersey Division of Consumer Affairs Files Complaint Against Ocean County Contractor Alleging Fraud...
Attorney General Christopher S. Porrino and the Division of Consumer Affairs have filed a complaint alleging that a contractor doing business in Ocean County used deceptive practices to obtain more than $750,000 in federal relief funds from 14 homeowners who sought to have their damaged homes rebuilt, elevated and/or repaired after Superstorm Sandy.
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.
Norcross Leads Bipartisan Infrastructure Letter to Trump
In Response to President Donald Trump promising infrastructure spending in his joint address to Congress, Representatives Donald Norcross (D-NJ) and David McKinley (R-WV), co-chairs of the Building Trades Caucus, are leading a bipartisan letter to the president detailing national infrastructure priorities to rebuild our country and create jobs.
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.