New Jersey Offers Loans/Grants For Clean Energy Capital Investment
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.
PSE&G Solar Programs Receive Industry Award for Innovation
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.
Montclair Man Pleads Guilty to $139 Million Scheme That Bankrupted New Jersey Mortgage Company
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.
Recovery Bill Authorizes More than $126 Million in Bond Authority for Central New Jersey...
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.
NJ REALTORS® Take a Closer Look at Homeownership and Rental Affordability
Edison, NJ - June 12, 2009 - (RealEstateRama) – The New Jersey Association of REALTORS® (NJAR®) Governmental Research Foundation (GRF) today unveiled an online, interactive database prepared by the nationally recognized Center for Housing Policy that compares wages for selected occupations with the costs of owning and renting a home.
DCA & HMFA Welcome Glassboro to Live Where You Work Homebuyer Program
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.
Governor Corzine and Officials Break Ground for $150 Million Gateway Transit Village
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.
New Jersey Breaks Ground on Nation’s Largest Transit Project
NORTH BERGEN, NJ - June 8, 2009 - (RealEstateRama) — Building upon the region's rich legacy of major public transportation assets, Governor Jon S. Corzine, Senators Frank R. Lautenberg and Robert Menendez, FTA Administrator Peter Rogoff and a group of other federal, state and local officials today broke ground on the Mass Transit Tunnel project, the largest transit public works project in America.
NJAR® Applauds Bill Establishing Continuing Education for Real Estate Licensees
Edison, NJ - June 4, 2009 - (RealEstateRama) — The New Jersey Association of REALTORS® (NJAR®) today voiced its enthusiastic support for legislation establishing continuing education requirements for real estate licensees. As a means of increasing consumer protections and encouraging the use of the most up-to-date educational tools by real estate licensees, the bill requires real estate brokers, broker-salespersons and salespersons to complete continuing education requirements as a condition for license renewal.
Millions of American Homeowners Who Do Not Itemize on Federal Taxes Would Be Able...
Washington, D.C. - June 6, 2009 - (RealEstateRama) — Rep. Rush Holt today introduced legislation to extend his federal property tax relief initiative for five years. The property tax deduction – which benefits homeowners who do not itemize on their Federal tax returns – is based on legislation Holt introduced in 2007 and was enacted into law in August 2008. In October 2008, Holt successfully secured a one-year extension so that homeowners can benefit through the 2009 tax year.
NJAR® Hosting Educational Series on Buying a Home in Today’s Real Estate Market
Edison, NJ - June 3, 2009 - (RealEstateRama) — The New Jersey Association of REALTORS® (NJAR®), in partnership with The Star-Ledger, will kick off its educational seminar series on June 24 at the NJ Convention and Exposition Center at Raritan Center in Edison, 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.
Free Homeownership and Foreclosure Forum
Morristown, NJ - June 2, 2009 - (RealEstateRama) — The Morris County Housing Authority is coordinating a Homeownership and Foreclosure Forum on June 18 from 9 a.m. to 3 p.m. at the Frelinghuysen Arboretum, 53 East Hanover Ave., in Morris Township.
Governor Announces Filing Deadline Extended For Homestead Rebate And Senior Freeze Program Applications
TRENTON, NJ - May 29, 2009 - (RealEstateRama) — Governor Jon S. Corzine today announced that the deadline for New Jersey’s senior and disabled homeowners to file 2008 Homestead Rebate applications has been extended to August 17, 2009. The deadline for filing a 2008 Senior Freeze (Property Tax Reimbursement) application has also been extended to August 17. The original deadline for filing 2008 applications for both programs was June 1, 2009.
$40 Million in Federal Tax Credit Assistance for Low Income Housing Development Announced
UNION CITY, NJ - May 28, 2009 - (RealEstateRama) — Governor Jon S. Corzine today lauded the announcement by Department of Community Affairs (DCA) Commissioner Joseph Doria of the award of $19.5 million in federal Low Income Housing Tax Credit Funds (LIHTC) and the designation of $20.6 million in American Recovery and Reinvestment (ARRA) funding through the Tax Credit Assistance Program (TCAP) that will spur the creation of 879 new housing units throughout the state.
Online Testimonials Offer Buyers and Sellers Advice, Ideas
Edison, NJ - May 26, 2009 - (RealEstateRama) — The newly re-launched website at http://www.REALstoryNJ.com has been updated to inform and educate potential buyers and sellers of New Jersey real estate, offering first-hand knowledge from individuals, couples and families who recently bought or sold in this market.
Will Greenwald Renew His Property Tax Promise?
Trenton, NJ - May 20, 2009 - (RealEstateRama) — Assembly Republican Leader Alex DeCroce called on Democratic Budget Chairman Lou Greenwald to renew his February vow to “fight to the death” to preserve property tax rebates.
Hampshire Partners Fund VII Acquires Siemens’ Building in Iselin, N.J.
Iselin, N.J. - May 14, 2009 - (RealEstateRama) — The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $2 billion, has announced the acquisition of a 98,459-square-foot four-story office building located at 186 Wood Avenue in Iselin, N.J. from Siemens Corporation.
Materials Calculator Benefits Construction and Landscape Project Planning
Matawan, NJ - May 15, 2009 - (RealEstateRama) — ATAK Trucking, a wholesale supplier of building and construction materials, including topsoil, dirt, gravel, stone, sand and aggregate materials, is pleased to introduce their new construction materials calculator to the public. The materials calculator, available online on their website at www.ataktrucking.com, helps users determine the amount of materials required for construction or landscaping projects
Senators Lautenberg and Menendez Announce $61 Million In Funds To Help Address Housing and...
WASHINGTON, DC - May 11, 2009 - (RealEstateRama) — US Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced the state of New Jersey will receive $61 million in economic recovery act funds through a program to finance the purchase and construction of affordable housing units across the state, which will help create jobs while bringing down housing costs for working families.
NJ REALTORS® Support Creation of State Catastrophe Fund
Edison, NJ - May 7, 2009 - (RealEstateRama) — An increasing number of homeowners in coastal areas throughout New Jersey are experiencing greater difficulty in obtaining homeowner's insurance at an affordable rate. In response to this growing problem, the New Jersey Association of REALTORS® (NJAR®) today voiced its support for the "New Jersey Consumer Catastrophe Preparedness and Protection Act."