Archives

WASHINGTON, D.C. - January 27, 2014 - (RealEstateRama) -- Today, U.S. Reps. Bill Pascrell, Jr. (NJ-09) and Frank Pallone (NJ-06) released the following statement regarding reports that the State of New Jersey canceled its contract with Hammerman & Gainer Inc. (HGI), a Louisiana firm hired to manage that state's nearly $1 billion Hurricane Sandy housing recovery programs

WASHINGTON, D.C. - January 24, 2014 - (RealEstateRama) -- The 2014 capital budget proposed by the Morris County Freeholders continues to reduce the county’s debt, while at the same time meets the county’s ongoing capital needs.

Camden, NJ - January 24, 2014 - (RealEstateRama) -- Last Wednesday, Congressman Andrews announced a $3.2 million grant from the Federal Home Loan Bank of New York (FHLB). According to the FHLB, the grant will create between 75 to 100 constructions jobs in South Jersey. The grant, part of the Transportation, Housing and Urban Development, and Related Agencies Appropriations Act 2013, will pay for the rehabilitation of a 304-unit affordable housing community in Pennsauken known as Sycamore Ridge, which is in critical need of upgrades and repairs to remain a viable and safe option for South Jersey families to live

Union County, NJ - January 23, 2014 - (RealEstateRama) -- Union County will once again participate in the national Point-in-Time Count of the Homeless, a national census of homeless persons that takes place each January. In Union County, it will be conducted from the night of Tuesday, January 28 to Wednesday morning, January 29

Hackensack - January 23, 2014 - (RealEstateRama) -- Bergen County Executive Kathleen A. Donovan and the Department of Human Services announces that Bergen County’s 8th Annual Project Homeless Connect (PHC) will be held on Wednesday, January 29, 2014 from 9:30 am to 4 pm at the Bergen County Housing, Health and Human Services Center located at 120 South River Street in Hackensack. PHC is a one-day event which provides information, direct and referral services, assistance and hospitality in a convenient one-stop location for people experiencing homelessness

Cherry Hill, N.J. - January 20, 2013 - (RealEstateRama) -- Mayor Chuck Cahn announced today the availability of funds for the Township’s Housing Improvement Program (HIP), which provides funds to qualified homeowners looking to rehabilitate their homes.

WASHINGTON, D.C. - January 20, 2013 - (RealEstateRama) -- Assembly Republican Sam Fiocchi today commended the Internal Revenue Service for clarifying a requirement under Obamacare that threatened the continued service of volunteer fire and medical first responders.

TRENTON - January 17, 2013 - (RealEstateRama) -- In a report released today, civil rights, housing and community advocates reviewed the challenges facing Sandy affected residents and neighborhoods, and recommended a series of comprehensive changes to New Jersey’s recovery programs to address racial and economic imbalances in funding allocations. Fair Share Housing Center (FSHC), the Housing and Community Development Network of New Jersey (the Network), the Latino Action Network (LAN), and the NAACP New Jersey State Conference analyzed the performance of New Jersey's Sandy recovery programs to date and made numerous suggestions to increase transparency, fairness and efficiency throughout the rebuilding effort.

TOMS RIVER, NJ - January 15, 2013 - (RealEstateRama) -- The Federal Home Loan Bank of New York announced today the award of a $442,500 grant to Project Freedom, Inc. to help finance the Freedom Village at Toms River project, which will construct a 72-unit affordable rental housing community on 10 acres of land in Toms River. Investors Bank, a member of the Federal Home Loan Bank of New York, submitted the application for the funding.

WASHINGTON, D.C. - January 15, 2013 - (RealEstateRama) -- In continuing his efforts to assist families devastated by Hurricane Sandy, today U.S. Rep. Bill Pascrell, Jr. (D-NJ-09) renewed his call for Governor Christie to reopen applications for two federally funded grant programs that would help homeowners impacted by Sandy complete the required elevations of their homes. Today's announcement of the amended New Jersey Disaster Recovery Action Plan still leaves thousands of families on waitlists for critical federal Sandy recovery. Rep. Pascrell submitted public comments to Governor Christie's office urging a modification to the amendment to reopen the RREM program and allocate additional federal funds to this program

WASHINGTON, D.C. - January 14, 2013 - (RealEstateRama) -- Bipartisan legislation sponsored by Assemblywoman Holly Schepisi and Assemblyman Jack Ciattarelli to exempt flood-prone properties acquired by municipalities from county, school and fire district property taxes for the following tax year, was approved today by the General Assembly

LINCROFT, N.J. - January 14, 2013 - (RealEstateRama) -- When a disaster strikes, the damage is not limited to property and nature. The fallout from severe storms and flooding can cause significant emotional stress on top of the physical and financial demands of dealing with the aftermath. Since Superstorm Sandy hit New Jersey in October 2013, the counselors and volunteers of New Jersey Hope and Healing have been helping affected residents cope.

TRENTON - January 13, 2013 - (RealEstateRama) -- Acting Attorney General John J. Hoffman announced that a title company owner was sentenced to prison today for stealing a total of $5.3 million entrusted to him as a settlement agent to pay off multiple mortgage loans in connection with real estate closings he handled.

TRENTON - January 10, 2013 - (RealEstateRama) -- The Christie Administration today announced that the state’s post-Superstorm Sandy residential property buyout program has made substantial progress, with 272 buyout offers made in Sayreville and South River in Middlesex County, and closings finalized on 22 Sayreville homes, in an effort to move families out of harm’s way and create natural buffers for potential future storm and flooding events.

WASHINGTON, D.C. - January 8, 2013 - (RealEstateRama) -- Lakewood Committeeman Meir Lichtenstein, liaison to the Office of Emergency Management (OEM), Lakewood Police Chief Robert Lawson and Lakewood police officers spent the night making sure everyone was safe, warm, and sheltered from the frigid cold and biting winds.

The Morris County Freeholders began 2014 with a pledge of working toward another year with no increase in county taxes.

WASHINGTON, D.C. - December 27, 2013 - (RealEstateRama) -- Mayor Mark A. Smith announced that The Home Depot Foundation has awarded the Bayonne Economic Opportunity Foundation (BEOF) a $5,000 grant to help economically disadvantaged veterans in Bayonne. The grant will be used to purchase goods and equipment needed for small home repairs for Bayonne veterans over the age of 60. Mayor Smith said, “This grant is great news for Bayonne’s veterans. Several residents who served our country will be able to fix up their homes, thanks to this grant. I would like to thank The Home Depot Foundation for its generosity to the veterans of our community. I would also like to thank BEOF Executive Director Ana Quintela and Millennium Strategies, Bayonne’s grant consultants, for their successful efforts at obtaining this funding.”

Trenton, NJ - December 23, 2013 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Commissioner Richard E. Constable, III today joined New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony L. Marchetta in announcing the commitment of approximately $7.2 million in Community Development Block Grant (CDBG) Disaster Recovery funding to two public housing authority developments in Jersey City, Hudson County. The funding will provide the construction and permanent financing needed for the rehabilitation of 319 affordable rental housing units for families and 48 affordable rental housing units for seniors

New York, N.Y. - December 23, 2013 - (RealEstateRama) -- The U.S. Environmental Protection Agency has completed the removal of lead-contaminated soil from the grounds of the Millard E. Terrell Homes public housing complex in Newark, New Jersey. In December 2012, high levels of lead were found in soil samples collected by the EPA at a playground area within the housing complex. The lead is likely to have come from old industrial facilities that once operated in the area. The EPA has worked over the past year to reduce the potential for people, especially children, to be exposed to soil with high levels of lead.

Edison, N.J. - December 20, 2013 - (RealEstateRama) -- The November housing market report from the New Jersey Association of Realtors shows that the market is continuing to steadily recover. The market showed a modest 1.9 percent increase in both the median sales price as well as closed sales over November 2012, while continuing to show a decrease in the days on market and total inventory.