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.
Former Jersey City Housing Department Employee Indicted for Allegedly Accepting $50,000 in Corrupt Payments
NEWARK, NJ - January 12, 2010 - (RealEstateRama) -- A former Jersey City Housing Department employee was indicted today on charges in connection with his acceptance of $50,000 in corrupt cash payments in exchange for his official influence and assistance on real estate development matters in Jersey City, U.S. Attorney Paul J. Fishman announced.
Property Tax Relief Funding Restored League Salutes Governor Corzine
Trenton, NJ - December 22, 2009 - (RealEstateRama) -- The League of Municipalities welcomes the news that Governor Corzine has balanced the budget, without resorting to cuts in crucial municipal property tax relief funding.
DCA & HMFA Welcome Asbury Park to ‘Live Where You Work’ Homebuyer Program
ASBURY PARK, NJ - December 14, 2009 - (RealEstateRama) -- Asbury Park Mayor Ed Johnson today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) at City Hall, One Municipal Plaza, to announce that the City is the newest member of the Live Where You Work program. Asbury Park is the 25th municipality to partner with the HMFA on this workforce housing initiative.
Rep. Sires Introduces Bill to Provide Adequate Housing for Our Nation’s Veterans
Washington, D.C. - December 2, 2009 - (RealEstateRama) -- Today, Congressman Sires announced that he introduced legislation to support veterans who lack stable housing.
Weichert Sees Expanded Tax Credit As a Final Step to a Healthy Market
MORRIS PLAINS, N.J. - November 10, 2009 - (RealEstateRama) -- Nearly two years ago, James M. Weichert, president and founder of Weichert, Realtors, began calling upon Congress for a homebuyer tax credit that he felt would help repair the struggling national economy.
Port Authority Releases Third Quarter Milestone Report On World Trade Center Rebuilding
New York, NY - November 9, 2009 - (RealEstateRama) -- The Port Authority has met 21 of 24 World Trade Center rebuilding milestones, according to its latest quarterly milestone report, released today.
Congressman Rothman Votes to Extend Unemployment Benefits and Homebuyer Tax Credits
Washington, D.C. - November 5, 2009 - (RealEstateRama) -- Congressman Steve Rothman (D-NJ) voted in favor of H.R. 3548, the Worker, Homeownership, and Business Assistance Act of 2009.
Mandates Relief Equals Property Tax Relief
Trenton, NJ - November 6, 2009 - (RealEstateRama) -- The people of New Jersey have spoken. Their priorities are still tax relief and cost cutting at all levels of government. The new Administration will surely need to tackle the factors that drive public spending. Local officials, through the League of Municipalities, stand ready and willing to help.
Menendez Hails Passage Of Unemployment Insurance Extension
WASHINGTON, DC - November 4, 2009 - (RealEstateRama) -- This evening, the U.S. Senate passed legislation to extend unemployment insurance for laid off workers. Senator Robert Menendez (D-NJ) was a co-sponsor of the legislation and voted in favor of its passage.
Congressman Sires Votes to Stimulate the Economy by Extending Unemployment Benefits and Aiding Homebuyers
Washington, D.C. - November 5, 2009 - (RealEstateRama) -- Congressman Sires joined his colleagues today in passing a bill to stimulate our economy and extend unemployment benefits. H.R. 3548, the Unemployment Compensation Extension Act of 2009, was passed overwhelmingly by the House by a vote of 403 to 12.
Dividend Capital Total Realty Trust Acquires Office Property In Princeton, NJ
Denver, CO - November 3, 2009 - (RealEstateRama) -- Dividend Capital Total Realty Trust Inc., a diversified real estate investment trust (REIT), announced today that it acquired a class-A office property located in Princeton, NJ — centrally located between New York City and Philadelphia.
Congressman Pascrell Joins Federal, State And Paterson Officials At Belmont Senior Apartments Groundbreaking Ceremony
WASHINGTON, DC - November 2, 2009 - (RealEstateRama) -- U.S. Rep. Bill Pascrell, Jr. (D-NJ-8) today joined federal, state and city officials on Monday at a groundbreaking ceremony for the Belmont Senior Apartments project at Belmont Avenue and Cliff Street.
HMFA Breaks Ground on 24-Unit Affordable Condominium Community in Newark
NEWARK, N.J. - October 27, 2009 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia joined local officials and community leaders to break ground on Condominiums@Harmony Square, a 24-unit affordable housing community located at 105 Broad Street in Newark
HMFA Celebrates Completion of Exterior Façade on Historic Security Trust Building in Camden
CAMDEN, N.J. - October 27, 2009 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia today joined state and local officials to celebrate the completion of exterior façade renovation of the New Jersey Safe Deposit and Trust Building (Trust Building), located at 301 Market Street in the heart of downtown Camden.
DCA & HMFA Welcome Passaic to Live Where You Work
PASSAIC, N.J. - October 26, 2009 - (RealEstateRama) -- Passaic Mayor Dr. Alex Blanco today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) in City Hall Council Chambers, 330 Passaic Street, to announce that Passaic is the newest member of the Live Where You Work program.
New Jersey Receives Two National Awards for Housing Initiatives
TRENTON, N.J. - October 26, 2009 - (RealEstateRama) -- The State of New Jersey received two national awards from The Council of State Community Development Agencies (COSCDA) today for the Camden Home Improvement Program, a housing rehabilitation program in the City of Camden, and the Live Where You Work program, a statewide workforce housing initiative.
Lance Says Now Is Time To Extend Homebuyer Tax Credit
EDISON, NJ - October 26, 2009 - (RealEstateRama) -- Today, Congressman Leonard Lance (NJ-07) joined officials from the New Jersey Association of REALTORS® (NJAR®) in support of extending the popular home buyer tax credit through 2010 and expanding it to all New Jersey home buyers.
Congressman Bill Pascrell, State Assemblyman Gary Schaer And Passaic Mayor Dr. Alex Blanco Announce...
WASHINGTON, DC - October 26, 2009 - (RealEstateRama) -- U.S. Rep. Bill Pascrell, Jr. (D-NJ-8) today joined State Assemblyman Gary Schaer and Passaic Mayor Dr. Alex Blanco to announce the opening of seven new three-story units on Broadway that constitute the city’s newest affordable housing project.
November 2 Deadline for Property Tax Relief Programs Approaching
TRENTON, NJ - October 26, 2009 - (RealEstateRama) -- New Jersey homeowners and tenants are reminded that the deadline for applying for two direct property tax relief programs is only days away, with applications for the 2008 Homestead Rebate and the 2008 Property Tax Reimbursement (Senior Freeze) programs due by November 2.