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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.
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.
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.
DCA & HMFA Break Ground, Announce Opening of Affordable Housing Projects in Franklin Township
FRANKLIN TWP., NJ - September 18, 2009 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Acting Commissioner Charles A. Richman and New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia today joined local officials to break ground on Franklin Boulevard Commons
DCA, HMFA Break Ground on 50-Unit Affordable Housing Building in Newark
NEWARK, NJ - September 3, 2009 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Acting Commissioner Charles A. Richman and New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia today joined local officials to break ground on Roseville Commons, a 50-unit affordable housing building located at 533-567 Orange Street in Newark.
DCA & HMFA Welcome Washington Township to Live Where You Work Homebuyer Program
WASHINGTON TWP., N.J. - August 24, 2009 - (RealEstateRama) -- Washington Township Mayor Matthew Lyons today joined New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia at the Township Municipal Building, 523 Egg Harbor Road, to announce that Washington Township (Gloucester County) is the newest member of the Live Where You Work Program.
To Ensure Housing For The Low-Income Disabled, Menendez And Johanns Introduce New Legislation
WASHINGTON, DC - July 23, 2009 - (RealEstateRama) -- U.S. Senators Robert Menendez (D-NJ) and Mike Johanns (R-NE) – both members of the Senate Banking, Housing and Urban Affairs Committee – today introduced legislation aimed at ensuring that low-income disabled Americans have access to affordable housing options.
Governor Corzine Announces $38 Million in Federal Tax Credit Assistance for Low Income Housing...
TRENTON, NJ - July 21, 2009 - (RealEstateRama) -- Governor Jon S. Corzine today announced the award of $16,165,287 in federal Low Income Housing Tax Credit funds and $22,634,105 million in American Recovery and Reinvestment (ARRA) funding through the Tax Credit Assistance Program (TCAP).
DCA & HMFA Welcome Orange to Live Where You Work Homebuyer Program
ORANGE, NJ - July 14, 2009 - (RealEstateRama) -- Orange Mayor Eldridge Hawkins Jr. today joined Department of Community Affairs (DCA) Commissioner Joseph Doria and New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge DellaVecchia at Reock Commons, a new condominium development at 57 South Center Street, to announce that Orange is the newest member of the Live Where You Work Program. The city is the 15th municipality to partner with the HMFA on the program.
Lautenberg Announces $61 Million to Increase Affordable Housing In New Jersey
WASHINGTON, DC - July 6, 2009 - (RealEstateRama) – Sen. Frank R. Lautenberg (D-NJ) today announced New Jersey will receive $61,243,670 in funding to jump start affordable rental housing developments and create construction-related jobs in the state.
Senators Lautenberg, Menendez Announce Nearly $16 Million In Federal Funding For Economic Development and...
WASHINGTON, DC - July 6, 2009 - (RealEstateRama) — U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced that the U.S. Department of Housing and Urban Development has awarded nearly $16 million dollars in funding for New Jersey through the Community Development Block Grant (CDBG), Emergency Shelter Grant (ESG), HOME, and Housing Opportunities for Persons with AIDS (HOPWA) community programs.
New Jersey Supreme Court Hands-Down Unanimous Decision: Municipalities Cannot Require Land Set-Asides
Robbinsville, NJ - June 25, 2009 - (RealEstateRama) - Today, the New Jersey Supreme Court upheld the Appellate Division’s decision in a unanimous ruling stating that municipal governments do not have the right under the Municipal Land Use Law (MLUL) to require developers to set-aside land for open space or recreation facilities – or require payments in lieu of the same – as a condition of approval.
Governor Corzine Lauds Release of Windpower Leases
ATLANTIC CITY, NJ - June 23, 2009 - (RealEstateRama) - New Jersey moved ahead in growing the Garden State's clean energy economy with the release of leases for three offshore wind developers, Governor Jon S. Corzine said today during an announcement with Interior Secretary Ken Salazar.
Recovery Bill Authorizes More than $126 Million in Bond Authority for Central New Jersey...
Washington, DC - June 12, 2009 - (RealEstateRama) – Rep. Rush Holt (NJ-12) today hailed the announcement by the U.S. Treasury Department that it is making available Recovery Zone Bonds to help communities obtain capital to fund economic development projects, rebuild infrastructure, maintain public services, and assist families in need.
Governor Corzine and Officials Break Ground for $150 Million Gateway Transit Village
NEW BRUNSWICK, NJ - June 10, 2009 - (RealEstateRama) – Noting the significance of public-private partnerships to New Jersey's continued economic revitalization, Governor Jon S. Corzine today joined state and local officials to break ground for New Brunswick's $150 million Gateway Transit Village project.
New Jersey Breaks Ground on Nation’s Largest Transit Project
NORTH BERGEN, NJ - June 8, 2009 - (RealEstateRama) — Building upon the region's rich legacy of major public transportation assets, Governor Jon S. Corzine, Senators Frank R. Lautenberg and Robert Menendez, FTA Administrator Peter Rogoff and a group of other federal, state and local officials today broke ground on the Mass Transit Tunnel project, the largest transit public works project in America.
$40 Million in Federal Tax Credit Assistance for Low Income Housing Development Announced
UNION CITY, NJ - May 28, 2009 - (RealEstateRama) — Governor Jon S. Corzine today lauded the announcement by Department of Community Affairs (DCA) Commissioner Joseph Doria of the award of $19.5 million in federal Low Income Housing Tax Credit Funds (LIHTC) and the designation of $20.6 million in American Recovery and Reinvestment (ARRA) funding through the Tax Credit Assistance Program (TCAP) that will spur the creation of 879 new housing units throughout the state.