Governor Corzine Discusses “Green Revolution”
WASHINGTON, DC - July 21, 2009 - (RealEstateRama) -- Testifying before the Senate Committee on Environment and Public Works Committee in Washington today, Governor Jon S. Corzine told the panel the U.S. is on the verge of a "green revolution."
Thompson: Seniors, Disabled Getting Much Needed Property Tax Relief, But Corzine Leaves 1.2 Million...
Trenton, NJ - July 16, 2009 - (RealEstateRama) -- In response to an announcement today by Governor Jon Corzine that property tax rebate checks are now being mailed to 129,000 senior and disabled homeowners, Assemblyman Sam Thompson said he’s pleased that segment of the state’s population is continuing to receive the same rebates as last year, but added, “It’s a sad day for the 1.2 million middle class homeowners who are having their rebates taken away by the governor and the Democrat-controlled Legislature.”
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.
Governor Corzine Announces Mailing of Property Tax Reimbursement Checks with Record High Average of...
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.
Attorney General Announces Mortgage Fraud Lawsuits
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.
New Jersey to Receive Stimulus Funding for Energy Efficient Appliance Rebate Program
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.
NJAR® Hosting Free Seminar on Buying a Home in Today’s Real Estate Market
Edison, NJ - July 9, 2009 - (RealEstateRama) – The New Jersey Association of REALTORS® (NJAR®) will continue its educational seminar series on July 29 at the Grand Versailles Hotel in Maple Shade, with a free event from 6:00 to 8:00 p.m. The Clock is Ticking -- Time to Harness Your Home Buying Power will give attendees insight on the many different aspects of buying a home.
Affordability in Real Estate Market Creates Opportunities for Many
Edison, NJ - July 7, 2009 - (RealEstateRama) -- Housing affordability is higher in New Jersey than it has been in years, and buyers are taking advantage.
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.
Attorney General Announces Mortgage Fraud Indictments
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.
NJAR® Accepting Good Neighbor Award Nominations
Edison, NJ - June 30, 2009 - (RealEstateRama) - The New Jersey Association of REALTORS® (NJAR®) is currently seeking nominations of REALTORS® who have acted as "good neighbors" through their dedication to community service.
Governor Corzine Ranks in Top Ten “Green Governors”
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.
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.
State Officials and REALTOR® Group Discuss Fixes for N.J. Real Estate Market
Trenton, NJ - June 23, 2009 - (RealEstateRama) - Officials from the New Jersey Department of Community Affairs (DCA) and the New Jersey Association of REALTORS® (NJAR®) today said the state has enormously important housing incentives available to first-time home buyers and that the programs are helping to invigorate New Jersey's housing market.
Department of Banking and Insurance Announces Multistate Settlement with Taylor, Bean & Whitaker Mortgage...
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.
Addiego – Rudder: Property Tax Rebate Program Should Be Restored For Everyone
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.
Lyndhurst Lawyer Sentenced to 15 Years in Prison for Stealing $4 Million in Real...
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.
State gets $26 million in general security grants, Jersey City/Newark gets more than $41...
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.