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NEW BRUNSWICK, N.J. - September 25, 2013 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony Marchetta today joined New Jersey Economic Development Authority (EDA) President and Chief Operating Officer Timothy Lizura and representatives of Boraie Development, LLC to break ground on Somerset Mews Apartments, a mixed-use, mixed-income affordable housing project in New Brunswick. This project is the first of 37 affordable housing projects that have been awarded federal Community Development Block Grant Disaster Recovery funds to break ground.

Carteret, N.J. - September 25, 2013 - (RealEstateRama) -- The Hampshire Companies, a full service, private real estate investment firm with equity in assets valued at more than $2.5 billion, has announced the acquisition of 700 Blair Road in Carteret, N.J., a 234,325 -square-foot single-tenant, light industrial building that is fully-leased to Berjé, Inc. as its corporate headquarters. The property was acquired from GP 700 Blair Road, LLC, and the transaction was brokered on behalf of the seller by HFF of Florham Park, N.J

New Brunswick, NJ - September 24, 2013 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony Marchetta today joined New Jersey Economic Development Authority (EDA) President and Chief Operating Officer Timothy Lizura and representatives of Boraie Development, LLC to break ground on Somerset Mews Apartments, a mixed-use, mixed-income affordable housing project in New Brunswick. This project is the first of 37 affordable housing projects that have been awarded federal Community Development Block Grant Disaster Recovery funds to break ground.

WASHINGTON, D.C. - September 23, 2013 - (RealEstateRama) -- U.S. Congressman Bill Pascrell, Jr. and U.S. Senator Robert Menendez (both D-NJ) today announced that Bergen County will receive nearly $11 million from the U.S. Department of Housing and Urban Development (HUD) for various housing and economic development programs. The grants were a part of a total of $17.6 million awarded to New Jersey, with Bergen County receiving the largest total allocations during this cycle.

WASHINGTON, D.C. - September 23, 2013 - (RealEstateRama) -- Assembly Republican Whip Scott Rumana said the announcement by the Christie administration of the start of a $3 million stream and river cleaning grant program for communities located in the flood-prone Passaic River Basin is welcome news for residents who have endured destructive flooding for years.

WASHINGTON, D.C. - September 20, 2013 - (RealEstateRama) -- Today, Congressman Sires proudly supported H.R. 3080, the Water Resources Reform and Development Act, which passed unanimously out of the House Committee on Transportation and Infrastructure. This bipartisan legislation reauthorizes the Water Resources Development Act (WRDA)—legislation responsible for authorizing the water resources program of the Army Corps of Engineers—for the first time since 2007

WASHINGTON - September 16, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that the owners of two apartment buildings in North Arlington, NJ, will pay $21,000 under an Initial Decision and Consent Order resolving allegations that the owners violated the Fair Housing Act by denying rental opportunities to prospective African-American tenants.

WASHINGTON, D.C. - September 12, 2013 - (RealEstateRama) -- The Lakewood Resource and Referral Center (LLRC), 212 Second Street, Suite 204, Lakewood, is making its offices available to the Faith Fellowship CDC (Community Development Corporation), Sayreville, to meet with low-income renters who were living in any one of the nine New Jersey counties* affected by Sandy and might qualify for one of the 500 forgivable loans, up to $50,000, to purchase their first home through the NJHMFA (New Jersey Housing and Mortgage Finance Agency) Sandy Homebuyer Program.

LAKEWOOD - September 12, 2013 - (RealEstateRama) -- The year was 1963 and big changes were about to come to Ocean County when plans for a new kind of housing development designed just for seniors were unveiled by developer and sports franchise owner Robert J. Schmertz.

BASKING RIDGE, N.J. - September 11, 2013 - (RealEstateRama) -- The New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony L. Marchetta joined the New Jersey Division of Developmental Disabilities (DDD), Bernards Township, and Our House, Inc., in celebrating the grand opening of Basking Ridge Group Home, an affordable permanent supportive rental housing project in Basking Ridge in Somerset County. The HMFA, an affiliate of the Department of Community Affairs (DCA), provided $250,000 in permanent financing through the Special Needs Housing Partnership Loan Program (SNHPLP). Additionally, Bernards Township provided $250,000 in Affordable Housing Trust Funds. The DDD provided a $15,000 sprinkler system subsidy and additional funding for social services and rental assistance

WASHINGTON, D.C. - September 10, 2013 - (RealEstateRama) -- Preet Bharara, the United States Attorney for the Southern District of New York, James T. Hayes, Jr., the Special Agent-in-Charge of the New York Field Office of the U.S. Immigration and Customs Enforcement’s (“ICE”) Homeland Security Investigations (“HSI”), and Cyrus R. Vance, Jr., the District Attorney for New York County (“DANY”), announced today the filing of a civil forfeiture complaint against the assets of nine corporations controlling real estate in Manhattan, including four luxury residential units and two high-end commercial spaces, as well as against the assets of two related companies, and seeking the imposition of civil money laundering penalties

WASHINGTON, D.C. - September 10, 2013 - (RealEstateRama) -- As many New Jersey homeowners are planning on elevating their homes to protect against future flooding, Assemblyman John Amodeo introduced legislation Monday outlining new consumer protection standards for home elevation contractors

Cape May Court House, NJ - September 9, 2013 - (RealEstateRama) -- As part of its ongoing efforts to revitalize Sandy-impacted counties and address affordable housing needs created or exacerbated by the storm, New Jersey Department of Community Affairs (DCA) Commissioner Richard E. Constable, III and New Jersey Redevelopment Authority (NJRA) Executive Director Leslie A. Anderson today announced the Christie Administration’s award of $3 million in federal Community Development Block Grant Disaster Recovery funds to cover the predevelopment costs of 433 affordable housing units

TRENTON - August 22, 2013 - (RealEstateRama) -- Acting Attorney General John J. Hoffman and Division on Civil Rights Director Craig T. Sashihara today issued an updated notice discussing the rights of housing buyers and renters, as well as the obligations of property sellers and real estate professionals.

Trenton, NJ - August 16, 2013 - (RealEstateRama) -- In an effort to help New Jersey recover from the loss of multi-family housing as a result of Superstorm Sandy, New Jersey Department of Community Affairs (DCA) Commissioner Richard E. Constable, III and New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony Marchetta today announced the Christie Administration’s first commitment of more than $135 million in federal Community Development Block Grant Disaster Recovery (CDBG-DR) funds to help create approximately 2,250 affordable housing opportunities in the nine counties most impacted by the storm.

HADDON HEIGHTS, N.J. - August 16, 2013 - (RealEstateRama) -- This week, Congressman Andrews announced over three million dollars in capital funds that will create and maintain jobs making large scale improvements such as new roofs, plumbing upgrades, and upgrades to electrical systems for the housing authorities of the Boroughs of Clementon, Collingswood, Glassboro, Gloucester County, Gloucester City, Haddon Township, and the City of Camden. Congressman Andrews cast his vote in strong support of these funds that are part of the Department of Housing and Urban Development’s Capital Fund Program.

Fairfax, Virginia - August 12, 2013 - (RealEstateRama) -- Jobs. Housing. Both factors are the foundation of our ever-so-slowly recovering economy, according to Wall Street Journal reporter Ben Casselman. “The combination of steady job growth and a suddenly buoyant housing market helped households shake off the effects of tax increases that took effect in January,” he wrote in his July 31 WSJ blog post, “What Drove GDP Growth?”

NEPTUNE, N.J. - August 5, 2013 - (RealEstateRama) -- Expanding the Christie Administration s efforts to assist low-to-moderate-income families with housing opportunities in the aftermath of Superstorm Sandy, New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony Marchetta today highlighted the Sandy Homebuyer Assistance Program at an affordable townhouse community in Neptune. The program offers eligible applicants financial incentives to purchase a home in any of the nine counties most impacted by Sandy

WASHINGTON, DC - August 1, 2013 - (RealEstateRama) -- U.S. Senator Robert Menendez (D-NJ) today announced New Jersey has been awarded $2,173,288 to support efforts to end homelessness in New Jersey through the U.S. Department of Housing and Urban Development (HUD) Continuum of Care program.

Little Ferry, NJ - July 31, 2013 - (RealEstateRama) -- Delivering on his pledge to get recovery funds out the door as quickly as possible, Governor Chris Christie today joined New Jersey Department of Community Affairs (DCA) Commissioner Richard E. Constable, III in Little Ferry to announce that storm-affected homeowners have begun receiving $10,000 Homeowner Resettlement checks. These funds are targeted at allowing those impacted by Sandy to stay in or return to their homes and home counties