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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.

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:

November 9, 2010 - (RealEstateRama) -- The Atlantic Builders Convention (ABC), now in its 62nd year, is offering a wide variety of budget-friendly and cost-effective advertising and marketing opportunities. Exhibitors can maximize their return on investment in the convention by increasing their exposure at ABC. From direct mail to banner ads to on-site displays and new sponsorship packages, ABC has something for everyone to attract prospective customers in the homebuilding and remodeling industries. With 500 plus exhibitors and more than 7,000 attendees, ABC is the largest convention of its kind in the Northeast. The three-day tradeshow and conference will be held April 6-8, 2011 at the Atlantic City Convention Center in Atlantic City, NJ.

November 8, 2010 - (RealEstateRama) -- Noting that Assembly committees are considering nearly 40 pieces of legislation today, none of which deals with Governor Christie’s property tax reform Tool Kit that will provide sustained relief to taxpayers, Assembly Republican Leader Alex DeCroce and Conference Leader Jon Bramnick said it is disgraceful that Democrat leaders continue to waste valuable time by failing to consider the key parts of the Tool Kit package.

November 5, 2010 - (RealEstateRama) -- Assemblymen John Amodeo and Vince Polistina, both R-Atlantic, said today that taxpayers should be outraged that none of the proposals to fix New Jersey’s broken property tax system are scheduled to be heard by an Assembly committee on Monday

November 5, 2010 - (RealEstateRama) -- Assembly Republican members Alison Littell McHose and Gary Chiusano, both R-Sussex, Morris, and Hunterdon, issued the following statements regarding Monday’s Committee hearings in which Democrat leaders again failed to post property tax reform Tool Kit legislation:

November 5, 2010 - (RealEstateRama) -- With four Assembly committees cancelling their meetings on Monday and no property tax reform Tool Kit legislation under consideration by the remaining panels, Assembly Republican Domenick DiCicco, R-Gloucester and Camden, today said Democrats continue to ignore their responsibility to provide relief to homeowners who pay the highest property taxes in the country.

November 5, 2010 - (RealEstateRama) -- Assembly Democrats are doing nothing to help property taxpayers and local officials deal with senseless court-ordered affordable housing mandates and other property tax drivers when a hard property tax cap is set to begin in less than two months, Assembly Republican Whip David Rible said today.

November 1, 2010 - (RealEstateRama) -- If New Jersey expects towns to hold the line on property taxes, it should end an outdated salary-arbitration process for police and firefighters. Gov. Christie has offered a reasonable plan to do that and help municipalities live with an austere 2 percent annual property-tax hike cap. It would set the same 2 percent limit for all public-employee economic compensation packages, including benefits such as health insurance.

Trenton, NJ - November 1, 2010 - (RealEstateRama) -- The Christie Administration today announced it is moving forward with a comprehensive plan to enact fiscal discipline and promote the prudent use of scarce property tax dollars by capping salaries for superintendents. The regulations, announced in July, will result in a salary reduction for more than 360 school superintendents who serve school districts with low numbers of students.

November 1, 2010 - (RealEstateRama) -- With Assemblyman Paul Moriarty saying that legislation to prevent lobbyists from benefiting from taxpayer-paid pensions and health benefits “is a no brainer,” Assemblyman Domenick DiCicco today said the Assembly Democrat should explain why it’s taken Moriarty, who has served in the Assembly for four years, to finally introduce the bill.

October 29, 2010 - (RealEstateRama) -- The deadline for homeowners to file 2009 Homestead Benefit applications has been extended to Jan. 3, 2011, to allow more people to file, Treasurer Andrew Sidamon-Eristoff announced. The old deadline was Nov. 1

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.

TRENTON, NJ - October 20, 2010 - (RealEstateRama) -- Attorney General Paula T. Dow announced today that the owner of several New Jersey loan modification companies has agreed to pay the state $805,000 and stay out of the foreclosure rescue business to resolve allegations he defrauded struggling homeowners who sought help in staving off foreclosure.

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.

TRENTON, N.J. - October 13, 2010 - (RealEstateRama) -- The Christie Administration announced today that New Jersey will receive an additional $188 million in federal funding for anti-foreclosure assistance to help struggling homeowners. The additional funding means that $300 million is now available for homeowners facing foreclosure.

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

October 13, 2010 - (RealEstateRama) -- Assemblywoman Mary Pat Angelini, R-Monmouth, issued the following statement regarding the October 14, 2010 Assembly Committee schedule which again does not include any property tax reform Tool Kit legislation

NEWARK, NJ - October 7, 2010 - (RealEstateRama) -- The Office of the Attorney General, through the Division of Consumer Affairs, is assessing whether the state’s Consumer Fraud Act has been violated by companies that have admitted to not properly reviewing, factually verifying and signing foreclosure filings submitted to the courts.

TRENTON, NJ - October 6, 2010 - (RealEstateRama) -- Attorney General Paula T. Dow announced today that Wells Fargo Home Mortgage has agreed to provide New Jersey consumers with nearly $67 million in loan modifications and pay the state $3.98 million to resolve allegations that companies it acquired – Wachovia Corporation, Golden West and World Savings -- deceptively marketed adjustable rate mortgage loans.