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CHAIRMAN OF SENATE HOUSING SUBCOMMITTEE AND 16 COLLEAGUES URGE TREASURY TO IMPROVE FORECLOSURE PREVENTION...

WASHINGTON, DC - November 18, 2010 - (RealEstateRama) -- A group of 17 U.S. Senators, led by Senator Robert Menendez (D-NJ), are urging Treasury Secretary Timothy Geithner to make a series of alterations to the federal foreclosure prevention program so that more responsible but struggling homeowners can modify their mortgages. Menendez, who chairs the Senate Banking Subcommittee on Housing, Transportation and Community Development, and his colleagues wrote Geithner to express concern over the slow pace of mortgage modifications and the reluctance of some banks to cooperate in the Home Affordable Modification Program (HAMP). They suggested specific changes to the program, including

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Lautenberg Announces Millions in New Funding for Housing in New Jersey

WASHINGTON, D.C. - March 18, 2009 - (RealEstateRama) — Today, Senator Frank R. Lautenberg (D-NJ) announced millions of dollars in new funding for New Jersey’s public housing authorities to rehabilitate and modernize public housing units in New Jersey. The capital improvement money was included in the American Recovery and Reinvestment Act signed into law by President Obama.

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Norcross Announces $200K+ for Affordable Housing in Camden

U.S. Congressman Donald Norcross (NJ-01) today announced that Saint Joseph’s Carpenter Society will receive $207,500 in federal funding from the U.S. Department of Housing and Urban Development’s (HUD) NeighborWorks America program to help provide affordable housing in Camden.