Archives

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.

TRENTON, NJ - July 15, 2009 - (RealEstateRama) -- Governor Jon S. Corzine announced today that the mailing had begun of Property Tax Reimbursement checks for 2008 to 129,000 qualified senior and disabled homeowners, and that checks for the program — commonly known as the “Senior Freeze” — will average a record high of $1,132.

TRENTON, NJ - July 15, 2009 - (RealEstateRama) -- Continuing the State’s effort to combat mortgage-related fraud, Attorney General Anne Milgram announced today the filing of two new lawsuits charging a total of 10 individual and corporate defendants with selling bogus loan modification services to distressed homeowners.

Washington, D.C. - July 13, 2009 - (RealEstateRama) -- Today, Congressman Sires announced the release of more than $8 million in funding to New Jersey by the Department of Energy (DOE) for a rebate program to encourage purchases of energy efficient appliances. The money is part of nearly $300 million in funding released by the DOE allocated through the American Recovery and Reinvestment Act for State-run rebate programs for consumer purchases of new ENERGY STAR qualified home appliances.

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.

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.

TRENTON, NJ - June 30, 2009 - (RealEstateRama) – Attorney General Anne Milgram announced today the indictment of six people charged in three separate, unrelated mortgage fraud cases, including two women charged with spearheading a conspiracy to use stolen identities to obtain more than $1 million in unauthorized mortgages, lines of credit and credit cards.

TRENTON, NJ - June 30, 2009 - (RealEstateRama) – Governor Jon S. Corzine was named one of the nation’s top ten “Greenest Governors” by Greenopia, an online directory of eco-friendly retailers, services, and organizations. The Governor, who ranked ninth, was recognized for his Energy Master Plan, a renewable energy plan that “trumps most other states,” as well as for his efforts to curb greenhouse gas emissions.

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.

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.

Trenton, NJ - June 22, 2009 - (RealEstateRama) – The New Jersey Department of Banking and Insurance (DOBI) today announced a major multistate settlement with Taylor, Bean & Whitaker Mortgage Corporation (TBW) regarding its mortgage lending practices for so-called “nontraditional” loans made in 2006.

Trenton, NJ - June 19, 2009 - (RealEstateRama) - The $400 million additional boon in amnesty funds discovered by Governor Jon Corzine should be part of the funding used to completely restore the property tax rebate program said Assemblywoman Dawn Marie Addiego and Assemblyman Scott Rudder, both R-Burlington.

TRENTON, NJ - June 19, 2009 - (RealEstateRama) – Attorney General Anne Milgram announced that a Lyndhurst lawyer was sentenced today for stealing approximately $4 million entrusted to him for real estate closings, which he used to gamble in Atlantic City.

WASHINGTON, DC - June 16, 2009 - (RealEstateRama) – US Senator Robert Menendez (D-NJ) today announced that New Jersey will receive more than $67 million in homeland security preparedness grants for first responders and safety programs. Included in the total is $26 million in grants for the state and more than $41 million for the Jersey City-Newark area as a region in the top tier of the Urban Area Security Initiative.

TRENTON, N.J. - June 16, 2009 - (RealEstateRama) — A new funding resource in support of Gov. Jon S. Corzine's commitment to promote economic development and a more secure environmentally responsible energy future for New Jersey was unveiled today. Known as the Clean Energy Solutions Capital Investment (CESCI) Loan/Grant, the new program was developed to encourage and promote energy efficiency measures within the commercial and industrial sectors and encourage the use of renewable energy while supporting the goals of the Governor Corzine's Energy Master Plan.

Newark, NJ - June 12, 2009 - (RealEstateRama) – PSE&G has been recognized by the solar industry for its game-changing innovations to expand the solar market that are models for replication around the country. The national award was presented at this week’s PV America conference in Philadelphia.

NEWARK, N.J. - June 11, 2009 - (RealEstateRama) – A Montclair man pleaded guilty today to mail and wire fraud and money laundering charges in connection with a $139 million fraud scheme that bankrupted Pine Brook-based U.S. Mortgage Corp. and its subsidiary, CU National Mortgage, LLC, Acting U.S. Attorney Ralph J. Marra, Jr. announced.

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.

GLASSBORO, NJ - June 8, 2009 - (RealEstateRama) – Glassboro Mayor Leo J. McCabe today joined Department of Community Affairs (DCA) Commissioner Joseph Doria and New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia at Borough Hall at 1 South Main Street to announce that Glassboro is the newest member of the Live Where You Work Program. The borough is the 14th municipality to partner with HMFA on the program.

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.