Yearly Archives: 2015

To provide property tax relief to the hard-hit South Jersey region, Assembly Republican Sam Fiocchi has sponsored legislation to return unexpended grant money from the Casino Reinvestment Development Authority (CRDA) to Atlantic County.

This funding will empower families with the tools they need to prevent the devastating loss of their homes, while also strengthening our communities and bringing stability to our housing market.

Acting Attorney General John J. Hoffman and the New Jersey Division of Consumer Affairs continued the commemoration of National Consumer Protection Week with advice for consumers on hiring a home improvement contractor or home elevation contractor.

The Christie Administration today announced that the New Jersey Housing and Mortgage Finance Agency (HMFA), an affiliate of the New Jersey Department of Community Affairs (DCA), in partnership with the New Jersey Department of Human Services (DHS), has received $5,099,229 in rental assistance funding from the U.S. Department of Housing and Urban Development (HUD).

Building on the Christie Administration’s commitment to expand opportunity and revival in the state’s cities, the New Jersey Economic Development Authority (EDA) today approved an award under the Economic Redevelopment and Growth (ERG) Program to help the Roebling Complex redevelopment in Trenton move forward. The Wire Rope Lofts project, being advanced by HHG Development Associates, involves the redevelopment of an old Roebling Steel building into rental loft apartments

The grant will be used to develop a plan to transform the area’s existing blighted homes and buildings into cleaner and safer structures that will attract new businesses and residents.

In the face of COAH’s continued recalcitrance, the Supreme Court ordered today that advocates for affordable homes may go to court without waiting for further action from COAH.

U.S. Rep. Chris Smith (NJ-04), Dean of the New Jersey Congressional Delegation, announced today that he will be hosting a meeting with Brad Kieserman, Deputy Associate Administrator for the Federal Emergency Management Agency (FEMA), which oversees the National Flood Insurance Program (NFIP), in order to establish a new, workable process for revisiting and resolving all flood insurance claims brought by Sandy-affected homeowners. Kieserm

Byram Labs was also interested in improving cash flow by refinancing the mortgage on its facility.

The open house will take place from 5 to 8 p.m. on Tuesday, March 10, 2015.

Acting Attorney General John J. Hoffman and the New Jersey Division of Consumer Affairs continued the commemoration of National Consumer Protection Week with advice for consumers on hiring a home improvement contractor or home elevation contractor

The Borough of Manasquan was awarded a nearly $2.4 million grant from the Federal Emergency Management Agency (FEMA) today to help rebuild dunes, snow fence and beach access destroyed by Superstorm Sandy, Congressman Chris Smith (NJ-04) said.

WASHINGTON, D.C. - March 4, 2015 - (RealEstateRama) -- During the past year and a half, the Federal Emergency Management Agency (FEMA) Region II office has released updates to the flood hazard maps, known as Flood Insurance Rate Maps (FIRMs), for New Jersey’s coastal communities. The FIRMs identify areas of flood risk in these coastal communities

Continuing its ongoing efforts to assist Sandy-impacted families in rebuilding their storm-damaged homes, the Christie Administration today announced that the 11th information session rescheduled because of inclement weather will be held Monday, March 9th, in Seaside Park, Ocean County, to provide personal assistance for storm-affected homeowners participating in the Reconstruction, Rehabilitation, Elevation and Mitigation (RREM) Program

oday, Congressman Frank Pallone, Jr. (NJ-06) sent a letter to Administrator Fugate requesting that the Federal Emergency Management Agency (FEMA) notify homeowners who have filed claims with the National Flood Insurance Program (NFIP) in the wake of Superstorm Sandy detailing the manipulation of engineering reports in order to underpay Sandy victims.

The New Jersey Housing and Mortgage Finance Agency (NJHMFA), an affiliate of the New Jersey Department of Community Affairs (NJDCA), celebrated the launch of the Supportive Housing Connection (SHC), its unique partnership with the New Jersey Department of Human Services (DHS)

U.S. Senators Bob Menendez and Cory Booker today applauded the U.S. Department of Housing and Urban Development’s (HUD) awarding of a combined $1,903.435.00 in Resident Opportunities and Self-Sufficiency (ROSS) Service Coordinator grants to assist New Jersey housing agencies and nonprofit organizations

The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at over $2.5 billion, has announced sale of its 112,270-square-foot industrial warehouse building located at 490 Huyler Street in South Hackensack, N.J. to Park Avenue Motor Corporation. The company has leased the building since 2012 and the tenant chose to exercise its purchase option

MetLife Home Loans LLC has agreed to pay the United States $123.5 million to resolve allegations that MetLife Bank N.A. (MetLife Bank) violated the False Claims Act by knowingly originating and underwriting mortgage loans insured by the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) that did not meet applicable requirements, the Justice Department announced today

On February 24, Gov. Chris Christie presented his Fiscal Year 2016 budget proposal to a joint session of the New Jersey State Legislature. In his speech, Christie announced his proposed budget for the next fiscal year totals $33.8 billion and contains a 3.8 percent revenue increase due to an uptick in state economic activity leading to higher generation of state revenues. The Governor also indicated his budget proposal contains an additional $1.3 billion pension payment and calls for additional pension and benefit reforms.