Archives

Red Bank, NJ - February 21, 2011 - (RealEstateRama) -- The Shore Builders Association of Central New Jersey (SBACNJ) recently honored 7 Gloria Nilson, REALTORS®, Real Living sales associates as well as the company at the annual Fabulous Achievements in Marketing Excellence (FAME) Awards Celebration held on February 17th at Clark’s Landing in Point Pleasant. The FAME awards showcase the most effective and creative sales and marketing efforts of the members of the SBACNJ. The Gloria Nilson associates honored were Linda Schwarz of the South Brunswick office, Mario Venancio of the Rumson office, Sam Franklin of the Princeton Junction office, Tammy O’Brien of the Brick office, Lou Ventre and Bernadette Ruegg of the Shrewsbury office and Anne Nosnitsky of the Princeton office

LOPATCONG, N.J. - February 14, 2011 - (RealEstateRama) -- Larken Associates will host a special Homebuying Seminar presented by Eventsgo on Thursday, March 3rd for those interested in learning how easy and affordable it is to purchase at two of its residential communities in the suburban Warren County Township of Lopatcong.

MONMOUTH JUNCTION, N.J. - February 11, 2011 - (RealEstateRama) -- For 55-and-better adults shopping for a new home at The Pointe at Turnbury, it pays to buy before the end of March. Millennium Homes, the builder of The Pointe at Turnbury, recently announced that it will offer a $7,500 bonus to anyone who purchases a home at the community now through March 31. The bonus will reward homebuyers for taking initiative during the winter months, instead of waiting for the spring to tour homes

LOWER TOWNSHIP, N.J. - February 8, 2011 - (RealEstateRama) -- Representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) today joined local officials to celebrate the completion of Conifer Village, an affordable senior housing community located at 3805 Bayshore Road in Lower Township, Cape May County. The HMFA, an affiliate of the New Jersey Department of Community Affairs (DCA), provided $1.4 million in permanent financing for the project and also awarded federal tax credits and tax credit subsidies.

WASHINGTON, D.C - January 31, 2011 - (RealEstateRama) -- U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced New Jersey will receive $22,373,892 in federal grant funding from the U.S. Department of Housing and Urban Development (HUD) to assist homeless men and women in New Jersey access housing opportunities. The funds were awarded through various HUD Continuum of Care Homeless Assistance competitive programs.

WOODSTOWN, N.J. - January 28, 2011 - (RealEstateRama) -- Representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) joined local officials today to celebrate the completion of Freedom Village, an affordable housing community located on Woodstown-Alloway Road in Woodstown. The HMFA, an affiliate of the New Jersey Department of Community Affairs (DCA), provided $2 million in permanent financing to the project from the Special Needs Housing Trust Fund and also awarded federal tax credits and tax credit subsidies. The DCA committed housing vouchers from the State Rental Assistance Program to assist with the project’s operations.

Trenton, NJ - January 25, 2011 - (RealEstateRama) -- Governor Chris Christie today conditionally vetoed legislation that fails to reform how affordable housing is provided in New Jersey. The heavily amended legislation falls far short of its original intent by creating a new bureaucracy and continuing and even increasing an unnecessary burden on the State’s municipalities.

WASHINGTON, DC - January 20, 2011 - (RealEstateRama) -- U.S. Rep. Bill Pascrell, Jr. (D-NJ-8) today announced U.S. Housing and Urban Development grants totaling more than $2.4 million nonprofit agencies servicing the Eight Congressional District to provide housing and services to help the homeless

January 17, 2011 - (RealEstateRama) -- After adding a technical amendment on Monday, both the State Senate (on a vote of 21 in favor and 16 opposed) and the General Assembly (45-32) passed S-1, which would abolish the Council on Affordable Housing (COAH) and transfer its duties to the Department of Community Affairs (DCA). The bill includes further substantive and procedural reforms relating to the provision of sufficient safe and affordable housing.

WASHINGTON, D.C. - January 17, 2011 - (RealEstateRama) -- U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced the New Jersey Department of Community Affairs (DCA) will receive $936,420 in federal Housing and Urban Development (HUD) funding to help non-elderly residents with disabilities move from nursing homes to independent living

WASHINGTON, D.C. - January 17, 2011 - (RealEstateRama) -- U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced the New Jersey Department of Community Affairs (DCA) will receive $936,420 in federal Housing and Urban Development (HUD) funding to help non-elderly residents with disabilities move from nursing homes to independent living.

WASHINGTON, DC - January 10, 2011 - (RealEstateRama) -- U.S. Sens. Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced that Paterson will receive a $6.387 million federal investment to expand access to affordable housing for low-and moderate-income families through various housing development, community revitalization, and emergency homeless shelter programs. The grants, awarded and administered through the Department of Housing and Urban Development (HUD), are part of four HUD initiatives: The Community Development Block Grant (CDBG) Program, the HOME Investment Partnership, the Emergency Shelter Grants (ESG) program, and the Housing Opportunities for Persons With AIDS (HOPWA) program

WASHINGTON, DC - December 23, 2010 - (RealEstateRama) -- U.S. Rep. Bill Pascrell, Jr. (D-NJ-8) today announced a U.S. Housing and Urban Development grant of $42,866 to the Paterson Housing Authority for the agency’s housing counseling program.

WASHINGTON, DC - December 22, 2010 - (RealEstateRama) -- Today, the U.S. House of Representatives unanimously approved bipartisan legislation that will expand affordable housing options for Americans with disabilities. The Frank Melville Supportive Housing Investment Act, sponsored by Senators Robert Menendez (D-NJ) and Mike Johanns (R-NE) in the Senate and Representatives Christopher Murphy (D-CT) and Judy Biggert (R-IL) in the House, will likely quadruple the number of new affordable rental units built each year for people with disabilities by the U.S. Department of Housing and Urban Development's main program to provide affordable housing for people with disabilities.

December 13, 2010 - (RealEstateRama) -- Assembly Republican Deputy Conference Leader Scott Rumana, R-Passaic, Bergen and Essex, issued the statement below regarding approval today by the Assembly Housing & Local Government Committee of Democrat COAH legislation, A-3447, that still contains bonus density, which allows developers to build more housing than a municipality and taxpayers can support

TRENTON, NJ - December 10, 2010 - (RealEstateRama) -- Attorney General Paula T. Dow and Criminal Justice Director Stephen J. Taylor announced that a father and son were arrested today on charges that they used the construction companies they own and operate to defraud clients and a bank in connection with a $2.1 million condominium project in Jersey City.

POMPTON PLAINS, N.J. - December 8, 2010 - (RealEstateRama) -- Representatives from the New Jersey Housing and Mortgage Finance Agency (HMFA) joined local officials today to celebrate the grand opening of Evans Place, an affordable supportive housing community for individuals with special needs. The HMFA, an affiliate of the Department of Community Affairs (DCA), provided $2.4 million in construction and permanent financing from the Special Needs Housing Trust Fund.

NEPTUNE CITY, N.J. - December 1, 2010 - (RealEstateRama) -- Representatives from the New Jersey Housing and Mortgage Finance Agency (HMFA) joined local officials today to celebrate the grand opening of Hamilton Supportive Housing, an affordable housing residence for individuals with special needs. The HMFA, an affiliate of the Department of Community Affairs (DCA), provided $556,000 in construction and permanent financing for the project from the Special Needs Housing Trust Fund. An additional $41,000 in construction and permanent financing came from the New Jersey Community Housing Partnership Program.

SOMERDALE, N.J. - December 1, 2010 - (RealEstateRama) -- Representatives from the New Jersey Housing and Mortgage Finance Agency (HMFA) joined local officials today to break ground on Gateway Village, an affordable apartment community for families located in Somerdale, Camden County. The HMFA, an affiliate of the Department of Community Affairs (DCA), provided permanent mortgage financing in the amount of $352,000 for the project. Gateway Village was also awarded federal Low Income Housing Tax Credits, which will generate approximately $4.4 million in private equity. In addition, approximately $1 million in funding came from DCA’s Balanced Housing Program.

NEW BRUNSWICK, N.J. - November 22, 2010 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony L. Marchetta today joined local officials to dedicate 55 Harvey at Providence Square, a 53-unit affordable senior housing community located in New Brunswick’s Transit Village area. The HMFA, an affiliate of the New Jersey Department of Community Affairs (DCA), helped finance the project by providing $7.4 million in federal tax credit funds toward development costs