Newjersey RealEstateRama
RIBLE TO INTRODUCE LEGISLATION PRESERVING ESTATE TAX CUT
Assemblyman Dave Rible, the Republican conference leader, plans to introduce a constitutional amendment Thursday prohibiting a repeal of the estate-tax cut after it is fully phased-out on Jan. 1, 2018.
PORT AUTHORITY SECURES $400,000 IN SAVINGS FROM ENERGY EFFICIENCY MEASURES AT ONE WORLD TRADE...
The Port Authority has realized nearly $400,000 in savings at One World Trade Center through a federal Energy Policy Act tax incentive that encourages the installation of energy efficient measures, agency officials announced today. <
PORT AUTHORITY MAKES LARGEST FINANCIAL COMMITMENT TO THE GATEWAY PROGRAM, ONE OF THE NATION’S...
With support from the states of New York and New Jersey, agency will fund debt service on a $284 million low-cost, long-term federal loan to be made to the development corporation and $18 million in loan expenses to help pay for new Portal North Bridge
Northwest New Jersey Community Action Partnership Gets Federal Grant
Congressman Leonard Lance (NJ-07) recently visited the Northwest New Jersey Community Action Partnership, Inc (NORWESCAP) in Phillipsburg to announce the organization was awarded a $425,000 federal grant. The Congressman was joined at the presentation by Phillipsburg Mayor Stephen Ellis and trustees of NORWESCAP.
It’s ‘Deja Vu All Over Again’ with Navy Earle Housing
Congressman Chris Smith (NJ-04) has asked the Navy to reconsider its recent controversial housing proposal for Naval Weapons Station Earle in Monmouth County that would expand the rental of public private venture (PPV) housing at the base to non-Department of Defense-affiliated civilians.
Governor Christie Takes Action On Pending Legislation And Issues Executive Order Lifting Moratorium On...
Governor Chris Christie issued the following statement after taking action on pending legislation providing tax relief for New Jersey residents while also updating and authorizing funding for the Transportation Trust Fund Authority (“TTFA”)
Rep. Norcross Announces New Action to Save Historic South Jersey Home
Rep. Donald Norcross (NJ-01) today announced Cooper’s Ferry Partnership, a non-profit corporation, has offered to become custodian of a Camden City once home to Dr. Martin Luther King, Jr., while King studied at the former Crozer Theological Seminary in Upland, Pennsylvania in the 1950s.
DANCER BILL EXTENDING SENIOR FREEZE BENEFITS TO DISABLED PASSES COMMITTEE
eimbursement program because they receive disability retirement benefits from the federal government are one step closer to relief today. A bill sponsored by Assemblyman Ron Dancer (A4130) extending the senior freeze program to disabled former federal employees, was released today by the Assembly State and Local Government Committe
New Jersey Division of Consumer Affairs Files Action Against Florida Contractor and His Company...
Attorney General Christopher S. Porrino and the Division of Consumer Affairs have filed an action against a Florida contractor who set up shop in New Jersey after Superstorm Sandy and allegedly defrauded seven homeowners who paid him to repair or replace their storm-damaged homes, including three that collectively lost more than $314,000 in federal relief funds
Pallone Applauds Middlesex County for Effectively ending Veterans Homelessness
Congressman Frank Pallone, Jr. (NJ-06) applauded Middlesex County for being recognized by the U.S. Department of Housing and Urban Development, the United States Interagency Council on Homelessness and the U.S. Department of Veterans Affairs for having effectively ended veterans' homelessness in the county. The Middlesex County freeholder board created a Veterans Housing Program in 2012 to assist veterans at risk of homelessness, committing $100,000 a year to the effort.
BRAMNICK FOCUSED ON TAX CUTS
“The Democrats just wanted a gas tax increase, but I insisted that tax cuts offset that increase,” said Bramnick (R-Union). “In this compromise we were able to lower taxes for seniors, veterans, small businesses and low-income workers and provide the largest broad-based tax cut for everyone in over two decades. I am pleased that we were able to secure this relief.”
New Jersey Division of Consumer Affairs Files Action Against Ocean County Home Improvement Contractor...
Continuing the State’s crackdown on Superstorm Sandy fraud, Attorney General Christopher S. Porrino and the Division of Consumer Affairs have filed an action against a Manahawkin contractor and his home improvement company for allegedly bilking $280,750 in Sandy relief funds from six shore homeowners that hired him to renovate and elevate their storm-damaged homes
Christie Administration Announces Housing Recovery Information Session in Monmouth County to Help Homeowners and...
The Christie Administration today announced the 38th Housing Recovery Information Session will be held Thursday, September 29, 2016, at the New Point Comfort Fire House in Keansburg 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)
Strong Housing Sector Creates Jobs
Congressman Leonard Lance (NJ-07) visited Bernardsville this week to accept the Defender of Housing Award from the National Association of Home Builders and the Metropolitan Builders and Contractors Association of New Jersey.
Christie Administration Marks Grand Opening of Two Supportive Housing Projects in Essex County Assisted...
New Jersey Housing and Mortgage Finance Agency (HMFA) executive staff today joined local officials and community leaders to celebrate the official grand opening of High Street Heights and Alpha Drive, two properties that were rehabilitated and turned into supportive housing communities for formerly chronically homeless families and individuals. ACON, Inc. partnered with the YMCA of Newark & Vicinity to develop the properties
MUÑOZ BILL TO ENSURE DELIVERY OF OXYGEN TO PATIENT HOMES DURING PUBLIC EMERGENCIES ADVANCES
Legislation Assemblywoman Nancy F. Muñoz sponsors that requires pharmacies to have an emergency plan to delivery oxygen to patients’ homes during a public health emergency today received approval from the Assembly Homeland Security and State Preparedness Committee.<
Civil Rights Icon, Congressman John Lewis Visits Camden for Important Community Events with Rep....
Rep. Donald Norcross (NJ-01) today welcomed civil rights icon and U.S. Congressman John Lewis to Camden, New Jersey for important discussions on gun violence and designating a City property linked to the late Dr. Martin Luther King, Jr. as an historic landmark.
BROWN BILL GIVING MORTGAGE AND PROPERTY TAX RELIEF TO ACTIVE DUTY SERVICE MEMBERS GOES...
Legislation sponsored by Assemblyman Chris A. Brown, to ease the financial burden on New Jersey’s citizen soldiers on federal active duty, today earned approval from the General Assembly. The bill (A766) allows members of the National Guard and the United States Reserve to defer mortgage and property tax payments while on active duty.
DANCER LEGISLATION MODERNIZES NJ’S SENIOR FREEZE PROGRAM, PROVIDING IMMEDIATE RELIEF BEFORE TAX BILL IS...
Assemblyman Ron Dancer has introduced legislation transforming the state’s senior freeze program, providing more immediate tax savings to senior citizens and reducing costs for New Jersey. Currently, eligible senior and disabled residents are reimbursed for a portion of property taxes paid in the previous year. Under Dancer’s bill (A4106), most qualifying homeowners will receive a credit directly applied to their tax bills for the current year
Staten Island Home Improvement Contractor Agrees to Pay Civil Penalties and Enter Binding Arbitration...
The New Jersey Division of Consumer Affairs today announced that a Staten Island home improvement contractor has agreed to $100,000 in civil penalties, attorneys’ fees and investigative costs, change its practices, and enter binding arbitration with consumers to settle allegations of consumer fraud