Yearly Archives: 2009
Obama Administration Awards Over $22 Million in Homeless Grants Throughout New Jersey
WASHINGTON, DC - December 23, 2009 - (RealEstateRama) -- The Obama Administration today announced that the U.S. Department of Housing and Urban Development (HUD) is renewing grant funding needed to keep 159 local homeless assistance programs throughout New Jersey operating.
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.
2009 Survey Shows First-Time Buyers Active in Market
Edison, NJ - December 21, 2009 - (RealEstateRama) -- According to the 2009 Profile of New Jersey Home Buyers and Sellers, first-time buyers account for a larger portion of the housing market than in previous years, largely due to the impact of the federal home buyer tax credit.
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.
NJAR® Releases Statement Regarding 3rd Quarter Home Sales Report
Edison, NJ - November 10, 2009 - (RealEstateRama) -- Reacting to the NATIONAL ASSOCIATION OF REALTORS®' (NAR) 2009 Third Quarter Metro Home Prices/State Resales report, New Jersey Association of REALTORS® (NJAR®) Executive Vice President Jarrod C. Grasso, RCE, today issued the following statement:
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.
Four New Jersey farms to be sold at auction
Four preserved farms in New Jersey totaling nearly 400 acres will be sold in three separate auctions in the next two months. November 9, 2009 - (RealEstateRama) -- Max Spann Real Estate & Auction Co., a national auctioneer of elite properties, has scheduled the auctions for Nov. 19 in Colts Neck, Dec. 3 in Hamilton and Dec. 10 in Pittstown, Hunterdon County
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.
It’s a Brand New Day for Home Buyers
Edison, NJ - November 6, 2009 - (RealEstateRama) -- President Obama today signed legislation H.R. 3548, which includes a provision to extend and expand the $8,000 first-time home buyer tax credit.
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.
