Yearly Archives: 2009
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.
Ewing Couple and Their Real Estate Firm Indicted on Charges They Stole Over $600,000...
TRENTON, NJ - October 23, 2009 - (RealEstateRama) -- Attorney General Anne Milgram announced that a Ewing couple and their real estate firm were indicted on charges they stole more than $600,000 from home sellers in connection with 11 home sales.
Congressman Pascrell Questions Federal Officials On Adminstration Of The First-time Homebuyer Credit; Co-sponsors Legislation...
WASHINGTON, DC - October 22, 2009 - (RealEstateRama) -- U.S. Rep. Bill Pascrell, Jr. (D-NJ-8) today joined his colleagues on the House Ways and Means Committee’s Oversight Subcommittee in vetting the administration of the First-Time Homebuyers Tax Credit.
HMFA Breaks Ground on 77-Unit Affordable Housing Project in Camden
CAMDEN, N.J. - October 22, 2009 - (RealEstateRama) -- Representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) today joined local officials to break ground on John O. Parker, Jr. Hall, a 77-unit affordable housing apartment building located in the Centerville Retirement Community at the corner of 7th Street and Ferry Avenue in the Centerville section of the City of Camden.
DCA, HMFA Break Ground on First Phase of New Alexander Hamilton Project in Paterson
PATERSON, N.J. - October 22, 2009 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia today joined local officials to break ground on Phase I of the new Alexander Hamilton Housing Development, which will be built at the site of the old public housing complex of the same name.
HMFA Breaks Ground on Barrier-Free Affordable Housing Community in Woodstown, Salem County
WOODSTOWN, N.J. - October 20, 2009 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia today joined local officials to break ground on Freedom Village, a 60-unit affordable housing development located on Woodstown-Alloway Road in Woodstown.
HMFA Breaks Ground on 90-Unit Affordable Housing Building in Lower Township
Lower Township, NJ - October 19, 2009 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia today joined state and local officials to break ground on Conifer Village, a 90-unit affordable housing apartment building located at 3805 Bayshore Road in Lower Township. The HMFA is providing $6.5 million in mortgage and tax credit funding for the project.
DCA awards $500,000 in Federal Funding for Affordable Housing Project in Egg Harbor City
TRENTON, NJ - October 15, 2009 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Acting Commissioner Charles A. Richman today announced Egg...
New Jersey’s Special Needs Housing Trust Fund Wins National Award
TRENTON, NJ - October 14, 2009 - (RealEstateRama) -- Department of Community Affairs (DCA) Acting Commissioner Charles A. Richman today announced the New Jersey Special Needs Housing Trust Fund won a 2009 Award for Program Excellence from the National Council of State Housing Agencies.
Lance Introduces Homebuyer Tax Credit Fairness Act
WASHINGTON, DC - October 13, 2009 - (RealEstateRama) -- Congressman Leonard Lance (NJ-07) today announced that he has introduced legislation to extend and expand the federal homebuyer tax deduction.
New Jersey’s Mortgage Mediation Program Working to Keep Families in Their Homes
TRENTON, NJ - October 9, 2009 - (RealEstateRama) -- More than 2,600 New Jersey homeowners have received counseling assistance through the State's Foreclosure Mediation Program, Governor Jon S. Corzine said today.
Governor’s Solution for Plugging Budget Gap is to Raise Property Taxes
Trenton, NJ - October 9, 2009 - (RealEstateRama) -- Assemblyman Scott Rumana today warned the state’s middle class homeowners to brace themselves for another round of property tax increases in light of Governor Jon Corzine’s revelation he intends to cut state aid to local school districts to plug an expected $8 billion budget deficit.
Congressman Pascrell Votes In Support Of Bipartsian Bill To Expand Federal Stimulus Housing Benefits...
WASHINGTON, DC - October 8, 2009 - (RealEstateRama) -- In an effort to provide those serving in the armed forces with the full housing benefits of the American Recovery and Reinvestment Act of 2009, U.S. Rep. Bill Pascrell, Jr. (D-NJ-8) today voted in support of bipartisan legislation that expands housing benefits to uniformed service members and other federal employees.
Governor Corzine Announces Ten-Fold Increase in Solar Energy Installations Since 2006
NEW BRUNSWICK, NJ - October 5, 2009 - (RealEstateRama) -- Governor Jon S. Corzine today announced that solar energy installations in New Jersey increased ten-fold since 2006.
Pascrell Anounces House Approval Of $5 Million To Purchase Wayne And Pompton Lakes Homes...
WASHINGTON, DC - October 2, 2009 - (RealEstateRama) -- U.S. Rep. Bill Pascrell, Jr. (D-NJ-08) today announced that the House of Representatives voted to approve the final Energy and Water Appropriations bill, which includes $5 million for the purchase of approximately 30 homes in Wayne and Pompton Lakes located in the Passaic River basin.
Tax Credit Extension Needed to Guard Against Real Estate Decline
MORRIS PLAINS, N.J., - October 1, 2009 - (RealEstateRama) -- According to a recent survey of real estate agents, the first-time homebuyer tax credit has been extremely successful in stimulating the housing market and the overall economy.
Rep. Sires Announces Funding to Add New Affordable Rental Housing and to “Green” Existing...
Washington, D.C. - September 23, 2009 - (RealEstateRama) -- Today, Congressman Albio Sires announced that the Bayonne Housing Authority, Elizabeth Housing Authority, and Housing Authority of Jersey City will receive funding from the American Recovery and Reinvestment Act of 2009.
Rumana Says Corzine’s Silence On Affordable Housing Will Have Loud Repercussions
Trenton, NJ - September 24, 2009 - (RealEstateRama) -- Governor Jon Corzine’s silence in the aftermath of last month’s state Supreme Court ruling that would force towns to alter zoning laws to accommodate affordable housing even after they have met their quota to provide low and moderate income housing will have severe consequences throughout towns in New Jersey said Assemblyman Scott Rumana today.