Archives
DCA & HMFA Celebrate Grand Opening of 11-Unit Veterans Housing Complex in Highland Park
HIGHLAND PARK, N.J. - November 12, 2010 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony L. Marchetta today joined Middlesex County freeholders and other local officials to celebrate the grand opening of the Highland Park Veterans Housing Complex at 101 South Third Avenue. The HMFA, an affiliate of the Department of Community Affairs (DCA), provided $1.89 million in construction financing from the Special Needs Housing Trust Fund for the project, which is providing supportive, affordable housing for 11 military veterans. Additional funding came from the DCA’s State Rental Assistance Program
DCA & HMFA Announce Kickoff of Affordable Housing Projects in Franklin Twp., Somerset County
FRANKLIN TWP., N.J. - November 11, 2010 - (RealEstateRama) -- Representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA), an affiliate of the Department of Community Affairs, today joined local officials to celebrate the kickoff of Parkside Senior and Parkside Family, two projects that will provide 140 units of affordable housing to people in the community. Construction has started on both projects with an anticipated completion date of 2011 for Parkside Senior and 2012 for Parkside Family.
RUMANA: DEMOCRATS’ COAH BILL DOES NOT REPRESENT REAL AFFORDABLE HOUSING REFORM
November 9, 2010 - (RealEstateRama) -- Assembly Republican Deputy Conference Leader Scott T. Rumana, R-Passaic, Bergen and Essex, issued the following statement on the Democrats' COAH bill released today by the Assembly Housing and Local Government Committee, which would eliminate the Council on Affordable Housing but preserve property tax drivers such as development fees, bonus density and builder's remedy, which allow developers to build more housing than a municipality and taxpayers can support:
Medford Senior Housing Project Dedicated in Medford Township
MEDFORD TWP., N.J. - October 26, 2010 - (RealEstateRama) -- Representatives from the New Jersey Housing and Mortgage Finance Agency (HMFA) today joined local officials to celebrate the completion of 36-unit affordable senior apartments. Medford Senior Housing is a housing development located at 8 Jones Road in Medford Township. The HMFA, an affiliate of the Department of Community Affairs, provided the mortgage and tax credit funding for the project.
New Jersey Building Trades Join Lautenberg, Menendez, Congressional Delegation To Rally For The ARC...
NORTH BERGEN, NJ - October 20, 2010 - (RealEstateRama) -- Standing with New Jersey building trades workers, U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today touted the job creating potential of the Access to the Region’s Core (ARC) Tunnel project. The Senators were joined by Reps. Steve Rothman (D-NJ-09) and Frank Pallone (D-NJ-06), State Senator Barbara Buono, Assembly Speaker Sheila Oliver and New Jersey State Building and Construction Trades Council President Bill Mullen to highlight the potential for thousands of construction jobs for New Jersey men and women that would be created by the ARC Tunnel project.
Appellate Division Invalidates Revised COAH Third Round Rules
October 13, 2010 - (RealEstateRama) -- Today the Appellate Division decided 22 separate challenges to the 2008 revised COAH third round rules. The decision once again invalidated key rule provisions, including the so-called "growth share methodology" for determining municipal housing obligations and standards for inclusionary development
Multiple New Jersey Commercial Properties to be Auctioned in Edison
Edison, NJ - September 27, 2010 - (RealEstateRama) -- Five commercial properties throughout central and south Jersey, including an office building, two former bank branches, residential lots and a liquor license, will go on the auction block next month
Lautenberg, Menendez Announce $24.1 Million for New Jersey Housing and Community Development Programs
WASHINGTON, D.C. - July 28, 2010 - (RealEstateRama) -- U.S. Sens. Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced that counties and municipalities across New Jersey will receive $24,195,998 for various housing and community revitalization programs.
DCA, HMFA Announce Funding Support for Special Needs Housing Project in Morris County
TRENTON, N.J. - July 13, 2010 - (RealEstateRama) -- New Jersey Department of Community Affairs’ (DCA) Commissioner Lori Grifa today announced that the New Jersey Housing and Mortgage Finance Agency’s (HMFA) Board approved a financing commitment from the state’s Special Needs Housing Trust Fund
Payne Votes To Stabilize Housing Market, Protect Taxpayers
Washington, D.C. - June 10, 2010 - (RealEstateRama) -- Today, Congressman Donald M. Payne voted to help families realize the dream of homeownership, save taxpayers money and protect Americans from mortgage fraud by instituting reforms to the Federal Housing Administration (FHA).
Lautenberg, Menendez And Holt Join HUD Secretary Donovan And Mayor Palmer To Announce $22...
TRENTON, NJ - June 2, 2010 - (RealEstateRama) -- U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) and Rep. Rush D. Holt...
Menendez, Lautenberg, Sires, HUD Secretary Donovan And Mayor Healy Announce $9.7 Million For Jersey...
JERSEY CITY, NJ - June 2, 2010 - (RealEstateRama) -- U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ), Rep. Albio Sires (D-13), Housing and Urban Development (HUD) Secretary Shaun Donovan and Jersey City Mayor Jerramiah Healy today announced $9.7 million in federal HOPE VI funding for the A. Harry Moore revitalization effort.
Now Is the Time to Own a Waterfront Home in Wildwood
Clinton, NJ - May 28, 2010 - (RealEstateRama) -- Take your pick of the 24 oceanfront luxury condominiums at Royal Beach at Wildwood Crest that will be auctioned off Saturday, June 26, with bids starting at just $125,000. Max Spann Real Estate & Auction Co., an industry-leading, full-service national auctioneer, has scheduled an auction for 1 p.m. at Harrah’s Resort, 777 Harrah’s Blvd, Atlantic City, NJ.
League Statement on Christie Administration Affordable Housing Announcement
Trenton, NJ - May 13, 2010 - (RealEstateRama) -- The League has long championed a thorough reform of the Fair Housing Act, and advocated for a sustainable housing policy for all our communities, urban, suburban and rural.
DCA & HMFA Welcome Lakewood to Live Where You Work Homebuyer Program
LAKEWOOD TWP., N.J. - May 10, 2010 - (RealEstateRama) -- Lakewood Township Mayor Steven Langert today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) at the Lakewood Municipal Building, 231 Third Street, to announce that the township is the newest member of the Live Where You Work program.
FEMA’s Flood Improvement Specialists Offer Outreach At Four New Jersey Home Renovation Stores
SOMERSET, N.J. - April 30, 2010 - (RealEstateRama) -- Teams from the Federal Emergency Management Agency (FEMA) flood mitigation group will be at local home supply stores in Union, Passaic, and Cape May counties to assist people with flood mitigation measures
DCA & HMFA Welcome Manchester to “Live Where You Work” Homebuyer Program
MANCHESTER TWP., N.J. - April 20, 2010 - (RealEstateRama) -- Manchester Township Mayor Michael Fressola today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) at the Town Hall Civic Center, 1 Colonial Drive, to announce that the township is the newest member of the Live Where You Work program.
Lautenberg, Menendez Announce $2 Million in Federal Funding for Community Development and Housing Assistance...
WASHINGTON, D.C. - April 21, 2010 - (RealEstateRama) -- U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced Atlantic City received a combined $2 million in Community Development Block Grant (CDBG) and HOME program funding through the U.S. Department of Housing and Urban Development (HUD).
Smith: Navy to End Public Housing Plan for Earle Weapons Station
COLTS NECK, NJ - April 9, 2010 - (RealEstateRama) -- Congressman Chris Smith today announced the U.S. Navy plans to suspend its 2009 record of decision (ROD) which would have opened military housing inside Naval Weapons Station Earle to civilians who would not be checked or vetted for security risks.
Christie Issues Statement on Housing Opportunity Task Force
Trenton, NJ - March 19, 2010 - (RealEstateRama) -- Governor Christie today issued the following statement on the status of the Housing Opportunity Task Force created by Executive Order 12: