Newjersey RealEstateRama

The New Jersey Senate unanimously voted in favor of legislation that would provide a temporary protection against foreclosure for homeowners who suffered damage during Superstorm Sandy. Previously passed by the Assembly, the bill now heads to Governor Christie to be signed in to law. On the bill, Housing and Community Development Network of New Jersey President and Chief Executive Officer Staci Berger issued the following statement

Congressman Donald Norcross (NJ-01) today announced a $432,484 Federal Home Loan Bank of New York 2016 Affordable Housing Program (AHP) grant for the construction of the new, low-income Branch Village Midrise residences in the City of Camden.

The New Jersey Department of Community Affairs (DCA) today announced a free Housing Resource Fair will be held Tuesday, December 13, 2016, in Little Ferry, Bergen County, to provide Sandy-impacted residents with information about available housing resources

To stimulate the redevelopment of underutilized properties and catalyze future development opportunities in strategic urban areas, the Board of the New Jersey Economic Development Authority (EDA) today approved an expansion of its Real Estate Impact Fund. Originally created as a pilot program to provide early capital to private developers, the Fund will now offer a public component, allowing Urban Aid municipalities and eligible local redevelopment agencies or county improvement authorities to also qualify for low-interest financing

Newark 32BJ SEIU, the largest property services union in the country, is supporting Democratic Gubernatorial candidate Phil Murphy. 32BJ SEIU Vice President and New Jersey State Director Kevin Brown made the announcement today on behalf of the union’s nearly 12,000 New Jersey members.

Three outstanding New Jersey Realtors received the 2016 NJ Realtors Good Neighbor Awards during a ceremony on Dec. 6 at the Triple Play Realtor Convention & Trade Expo. These awards recognize individuals who have made extraordinary commitments to community service programs throughout the state.

New Jersey Realtors is proud to announce Ilene Horowitz, of RE/MAX American Dream in Denville, as the 2016 Realtor of the Year and Lorraine Spinogatti, of RE/MAX of Barnegat Bay in Manahawkin, as the 2016 Realtor-Associate of the Year. These two members were singled out for their outstanding contributions to the real estate industry, commitment to the Realtor organization, and dedicated involvement in their local communities.

On the heels of the announcement of Dr. Ben Carson as President-Elect Donald Trump’s choice to lead the U.S. Department of Housing and Urban Development (HUD), Network President and Chief Executive Officer Staci Berger issued the following statement

Attorney General Christopher S. Porrino, the Division of Consumer Affairs, and the Department of Banking and Insurance have filed an action against three North Jersey individuals and the companies they operated, for allegedly defrauding financially strapped consumers who paid for mortgage foreclosure rescue services to save their homes from foreclosure

Legislation sponsored by Assemblyman Sean Kean to prevent conflicts of interest by board members of homeowners’ associations was unanimously advanced today by the Assembly housing committee

Project Homeless Connect is scheduled to be held on Thursday (Dec. 1) in Morris County, and centered at St. Peter’s Episcopal Church in Morristown, with a goal of connecting the county’s homeless and most vulnerable residents to vital resources they need to survive.

The New Jersey Department of Community Affairs (DCA) today announced a free Housing Resource Fair will be held Friday, November 18, 2016, at Atlantic Cape Community College in Cape May Court House to provide Sandy-impacted residents with information about available housing resources.

The Housing and Community Development Network of New Jersey (the Network) is partnering with the New Jersey Department of Community Affairs (DCA) and the New Jersey Housing and Mortgage Finance Agency (NJHMFA) to host a free Housing Resource Fair on Friday, November 18, 2016, at Atlantic Cape Community College in Cape May Court House to provide Sandy-impacted residents with information about available housing resources

On Tuesday, September 6, 2016, the Township Council passed an ordinance aimed at identifying abandoned properties in the Township of Teaneck. The ordinance will be enforced on properties that have not been legally occupied for a period of six months or at the discretion of the designated public officer

New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony L. Marchetta today joined local officials and community leaders to celebrate the grand opening of Franklin Street Villa, which includes 30 new housing units, eight of which are set aside for homeless and/or disabled veterans.

Legislation sponsored by Assemblyman Jay Webber to track the financial burden of unfunded state and federal mandates on counties and towns was released today by the Appropriations Committee. The bill (A1034) requires the Department of Community Affairs to compile a list, updated annually, of all unfunded mandates on local and county governments, including the estimated cost

Rep. Donald Norcross (NJ-01) today announced his appreciation to the Camden Historic Preservation Commission for its historic designation of a Camden City property that was once home to Dr. Martin Luther King, Jr., while King studied at the former Crozer Theological Seminary in Upland, Pennsylvania in the 1950s

Housing and Community Development Network of New Jersey (the Network) is partnering with the New Jersey Department of Community Affairs (DCA) and the New Jersey Housing and Mortgage Finance Agency (NJHMFA) to host free Housing Resource Fairs in Monmouth and Ocean counties to provide Sandy-impacted residents with information about available housing resources.

Two announced candidates for New Jersey’s 2017 gubernatorial race participated in a discussion on housing and community development issues at the Housing and Community Development Network of New Jersey’s (the Network) Annual Community Development Conference and Membership Meeting on October 21. The declared Republican candidate, Assemblyman Jack M. Ciattarelli (LD-16) and the declared Democratic candidate, former U.S. Ambassador Phil Murphy, responded to the Network’s campaign to increase investments in community development and housing to tackle the state’s affordability issues.

The Christie Administration today announced the 39th Housing Recovery Information Session will be held Wednesday, November 2nd, 2016, in Belmar to assist storm-affected homeowners participating in the Reconstruction, Rehabilitation, Elevation and Mitigation (RREM) Program and the LMI Homeowner Rebuilding Program, as well as for rental property owners participating in the Landlord Rental Repair Program (LRRP).