DCA & HMFA Welcome Gloucester City to “Live Where You Work” Homebuyer Program
GLOUCESTER CITY, N.J. - February 19, 2010 - (RealEstateRama) -- Gloucester City Mayor William James today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) at the Community Center, 230 Nicholson Road, to announce that the City is the newest member of the Live Where You Work program.
Governor Christie Forms Housing Opportunity Task Force to Restructure Affordable Housing Mission
Trenton, N.J. - February 9, 2010 - (RealEstateRama) -- Today Governor Chris Christie signed Executive Order 12 creating the Housing Opportunity Task Force, which will initiate an immediate review of the Commission on Affordable Housing and its continued existence.
DeCroce And Bramnick Praise Christie’s Choice Of Sen. Karrow To Lead Coah Task Force
Trenton, NJ - February 9, 2010 - (RealEstateRama) -- Assembly Republican Leader Alex DeCroce and Conference Leader Jon Bramnick both lauded Gov. Christie’s choice of former state Sen. Marcia Karrow to chair the newly formed Housing Opportunity Task Force that will study issues surrounding the Council on Affordable Housing (COAH) and its third round rules.
New Jersey HMFA Extends it First-Time Homebuyers “Prefund” Program
TRENTON, N.J. - February 9, 2010 - (RealEstateRama) -- For first-time homebuyers thinking of buying their first home in New Jersey, the combined incentive and mortgage programs from the New Jersey Housing and Mortgage Finance Agency (NJHMFA) and the federal government have never been better.
DCA & HMFA Welcome Pemberton Township to “Live Where You Work” Homebuyer Program
PEMBERTON TOWNSHIP, N.J. - February 4, 2010 - (RealEstateRama) -- Pemberton Township Mayor David Patriarca today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) at the Municipal Building, 500 Pemberton-Browns Mills Road, to announce that the Township is the newest member of the Live Where You Work program.
Four Hunterdon County farms to be sold at auction
Westfield, MA - January 29, 2010 - (RealEstateRama) -- Four preserved farms in New Jersey ranging in size from 29 to 84 acres will be sold at auction next month. Max Spann Real Estate & Auction Co., a national auctioneer of elite properties, has scheduled an auction at 1 p.m. on Feb. 26 at the Readington Municipal Building, 599 Route 523, Whitehouse Station, N.J.
URBAN WORD, LLC BREAKS GROUND ON ‘STERLING BUILDING’ RENOVATION
Trenton, NJ - January 26, 2010 - (RealEstateRama) -- Tuesday, January 19, 2010 – Urban Word, LLC and its development partners, Trenton Makes, Inc. and WSP Associates, LLC will hold a groundbreaking ceremony on January 27th at Noon to mark the renovation of the Sterling Building at 811 South Broad Street. The project is a mixed-use redevelopment project attempting to achieve LEED Certification.
Foundation Helps Address Workforce Housing Issues for New Jersey’s Working Families
Edison, N.J. - January 25, 2010 - (RealEstateRama) -- The New Jersey Association of REALTORS® Housing Opportunity Foundation, Inc. (NJARHOF) is partnering with the National Association of REALTORS® (NAR) and select lenders and nonprofit housing organizations to increase homeownership opportunities for working families throughout New Jersey through NAR's Employer-Assisted Housing (EAH) class.
Lautenberg And Menendez Announce More Than $49 Million In Federal Recovery Act Funding For...
NEWARK, NJ - January 19, 2010 - (RealEstateRama) -- Sens. Frank R. Lautenberg and Robert Menendez today announced the U.S. Department of the Treasury has awarded the New Jersey Housing and Mortgage Finance Agency (HMFA) more than $49 million from the American Recovery and Reinvestment Act (ARRA) to finance the expansion and improvement of affordable housing in New Jersey.
HUD announces nearly $47 million in Recovery monies to New Jersey to stabilize neighborhoods
NEWARK, NJ - January 14, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced that HUD is awarding $46,826,965 in Recovery Act funding to the Camden Redevelopment Agency, the City of Newark and the Camden Housing Authority under HUD's Neighborhood Stabilization Program (NSP).
10 Real Estate Facts for 2010
Edison, NJ - January 15, 2010 - (RealEstateRama) -- The turn of a new year comes with both question and promise regarding New Jersey real estate.
HUD awards almost $400,000 in New Jersey to help public housing residents obtain jobs,...
NEWARK, NJ - January 12, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $389,711 to seven public housing authorities in New Jersey to help public housing residents find jobs that lead them toward economic independence. (Please see New Jersey grantees below.)
Former Jersey City Housing Department Employee Indicted for Allegedly Accepting $50,000 in Corrupt Payments
NEWARK, NJ - January 12, 2010 - (RealEstateRama) -- A former Jersey City Housing Department employee was indicted today on charges in connection with his acceptance of $50,000 in corrupt cash payments in exchange for his official influence and assistance on real estate development matters in Jersey City, U.S. Attorney Paul J. Fishman announced.
Obama Administration Awards Over $22 Million in Homeless Grants Throughout New Jersey
WASHINGTON, DC - December 23, 2009 - (RealEstateRama) -- The Obama Administration today announced that the U.S. Department of Housing and Urban Development (HUD) is renewing grant funding needed to keep 159 local homeless assistance programs throughout New Jersey operating.
Property Tax Relief Funding Restored League Salutes Governor Corzine
Trenton, NJ - December 22, 2009 - (RealEstateRama) -- The League of Municipalities welcomes the news that Governor Corzine has balanced the budget, without resorting to cuts in crucial municipal property tax relief funding.
2009 Survey Shows First-Time Buyers Active in Market
Edison, NJ - December 21, 2009 - (RealEstateRama) -- According to the 2009 Profile of New Jersey Home Buyers and Sellers, first-time buyers account for a larger portion of the housing market than in previous years, largely due to the impact of the federal home buyer tax credit.
DCA & HMFA Welcome Asbury Park to ‘Live Where You Work’ Homebuyer Program
ASBURY PARK, NJ - December 14, 2009 - (RealEstateRama) -- Asbury Park Mayor Ed Johnson today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) at City Hall, One Municipal Plaza, to announce that the City is the newest member of the Live Where You Work program. Asbury Park is the 25th municipality to partner with the HMFA on this workforce housing initiative.
Rep. Sires Introduces Bill to Provide Adequate Housing for Our Nation’s Veterans
Washington, D.C. - December 2, 2009 - (RealEstateRama) -- Today, Congressman Sires announced that he introduced legislation to support veterans who lack stable housing.
Weichert Sees Expanded Tax Credit As a Final Step to a Healthy Market
MORRIS PLAINS, N.J. - November 10, 2009 - (RealEstateRama) -- Nearly two years ago, James M. Weichert, president and founder of Weichert, Realtors, began calling upon Congress for a homebuyer tax credit that he felt would help repair the struggling national economy.
NJAR® Releases Statement Regarding 3rd Quarter Home Sales Report
Edison, NJ - November 10, 2009 - (RealEstateRama) -- Reacting to the NATIONAL ASSOCIATION OF REALTORS®' (NAR) 2009 Third Quarter Metro Home Prices/State Resales report, New Jersey Association of REALTORS® (NJAR®) Executive Vice President Jarrod C. Grasso, RCE, today issued the following statement: