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Christie Administration Announces Sandy Homebuyer Assistance Program for Prospective Homebuyers
NEPTUNE, N.J. - August 12, 2013 - (RealEstateRama) -- Expanding the Christie Administration s efforts to assist low-to-moderate-income families with housing opportunities in the aftermath of Superstorm Sandy, New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony Marchetta today highlighted the Sandy Homebuyer Assistance Program at an affordable townhouse community in Neptune. The program offers eligible applicants financial incentives to purchase a home in any of the nine counties most impacted by Sandy
Christie Administration Expands ‘reNew Jersey Stronger’ Housing Initiative With $70 Million Landlord Rental Repair...
Trenton, NJ - July 24, 2013 - (RealEstateRama) -- The Christie Administration today launched a $70 million Landlord Rental Repair Program to provide grants to help rental property owners repair, reconstruct or elevate rental units damaged by Superstorm Sandy. The program is part of the ‘reNew Jersey Stronger’ Housing Initiative, and will provide up to $50,000 per unit to be made available at affordable rental rates. Eligible owners of rental property in the 9 most-impacted counties from Sandy will be prioritized, but the grants will be available for rental properties damaged by the storm in all 21 counties. It is anticipated the program will benefit approximately 1,500 rental units.
Pallone Announces Two Grants to Perth Amboy Organizations for Housing Counseling
Washington, DC - June 20, 2013 - (RealEstateRama) - Congressman Frank Pallone, Jr. (NJ-06) announced two grants through the U.S. Department of Housing and Urban Development (HUD) Housing Counseling Program to help provide individuals or families with advice and information on housing issues with the goal of expanding homeownership opportunities and improving access to affordable housing. Through this program, the Puerto Rican Association for Human Development in Perth Amboy has been awarded a $15,952 grant, and the Housing Authority of the City of Perth Amboy has been awarded a $20,750 grant
Lautenberg, Menendez Call State Failure to Help Homeowners Avoid Foreclosure Unconscionable
WASHINGTON, DC - October 1, 2012 - (RealEstateRama) -- U.S. Senators Robert Menendez and Frank R. Lautenberg, who fought for the more than $300 million in federal funding awarded to help New Jersey homeowners who lost their jobs avoid foreclosure, today called the continued failure by the State to effectively implement the HomeKeeper program “unconscionable.” In a third letter to the Director of the NJHMFA regarding their poor performance on behalf of homeowners, the Senators noted again that after two years – and increasing foreclosures -- the State is dead last in the nation in implementation and called for a series of immediate measures to improve results.
Menendez, Lautenberg Call State Failure To Help Homeowners Avoid Foreclosure Unconscionable
WASHINGTON, DC - September 26, 2012 - (RealEstateRama) -- U.S. Senators Robert Menendez and Frank R. Lautenberg, who fought for the more than $300 million in federal funding awarded to help New Jersey homeowners who lost their jobs avoid foreclosure, today called the continued failure by the State to effectively implement the HomeKeeper program “unconscionable.” In a third letter to the Director of the NJHMFA regarding their poor performance on behalf of homeowners, the Senators noted again that after two years – and increasing foreclosures -- the State is dead last in the nation in implementation and called for a series of immediate measures to improve results
Commissioner Considine Reminds Consumers that Standard Homeowners Insurance Does Not Cover Flood Damage
TRENTON, NJ - April 5, 2011 - (RealEstateRama) -- New Jersey Department of Banking and Insurance (DOBI) Commissioner Tom Considine today reminded consumers that most homeowners or renter’s insurance policies do not cover flood damage. Homeowners or renters can purchase flood insurance provided by the National Flood Insurance Program (NFIP), a federal program which is the primary provider of flood insurance, through their insurance broker or carrier.
DCA & HMFA Announce New Home Rehabilitation Program for Camden City Homeowners
CAMDEN, N.J. - April 4, 2011 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Commissioner Lori Grifa today announced that the New Jersey Housing and Mortgage Finance Agency (HMFA) is partnering with the City of Camden and a host of government, nonprofit and private organizations to launch a new home rehabilitation program for eligible Camden homeowners. The Camden Program Offering Widespread Energy Recovery (POWER) Residential initiative will provide up to $16,000 in financial assistance per household for essential home repairs and energy efficiency improvements. The announcement took place at Cramer Hill Community Center in Camden.
NJ Senators Announce Funding to Investigate and Enforce Fair Housing Laws, Eliminate Discriminatory Housing...
WASHINGTON, DC - March 29, 2011 - (RealEstateRama) -- U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced funding to investigate and enforce fair housing laws in New Jersey. The Senators announced that New Jersey has been awarded $325,000 by the Department of Housing and Urban Development (HUD) to address discriminatory housing practices in New Jersey
Third Former Local Administrator of NJ Home Energy Assistance Program Pleads Guilty to Defrauding...
TRENTON, NJ - January 18, 2011 - (RealEstateRama) -- Attorney General Paula T. Dow and Criminal Justice Director Stephen J. Taylor announced that a Paulsboro woman who formerly worked as a local administrator of the New Jersey Home Energy Assistance (HEA) Program has pleaded guilty to defrauding the program of $22,980 by filing false applications to obtain benefits.
Former Local Administrator of State Home Energy Assistance Program Sentenced to Prison for Defrauding...
TRENTON, NJ - January 10, 2011 - (RealEstateRama) -- Attorney General Paula T. Dow and Criminal Justice Director Stephen J. Taylor announced that a former local administrator of the New Jersey Home Energy Assistance (HEA) Program was sentenced to prison today for stealing from the program
Lautenberg, Menendez Announce More Than $6 Million To Increase Access To Housing For Low...
WASHINGTON, DC - January 10, 2011 - (RealEstateRama) -- U.S. Sens. Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced that Paterson will receive a $6.387 million federal investment to expand access to affordable housing for low-and moderate-income families through various housing development, community revitalization, and emergency homeless shelter programs. The grants, awarded and administered through the Department of Housing and Urban Development (HUD), are part of four HUD initiatives: The Community Development Block Grant (CDBG) Program, the HOME Investment Partnership, the Emergency Shelter Grants (ESG) program, and the Housing Opportunities for Persons With AIDS (HOPWA) program
DCA & HMFA Break ground on 30-Unit Affordable Apartment Community in Somerdale
SOMERDALE, N.J. - December 1, 2010 - (RealEstateRama) -- Representatives from the New Jersey Housing and Mortgage Finance Agency (HMFA) joined local officials today to break ground on Gateway Village, an affordable apartment community for families located in Somerdale, Camden County. The HMFA, an affiliate of the Department of Community Affairs (DCA), provided permanent mortgage financing in the amount of $352,000 for the project. Gateway Village was also awarded federal Low Income Housing Tax Credits, which will generate approximately $4.4 million in private equity. In addition, approximately $1 million in funding came from DCA’s Balanced Housing Program.
DCA Announces Newest Members of Main Street New Jersey
Program Promotes Historic & Economic Redevelopment of Traditional Business Districts
TRENTON, N.J. - December 27, 2007 - Department of Community Affairs’ (DCA), Acting Commissioner Joseph Doria today...
New Jersey league joins mortgage-crisis alliance
TRENTON, N.J., Nov. 5 --The New Jersey Credit Union League has joined a public-private alliance designed to both educate and assist the state's homeowners.
The...
Larger Property Tax Relief Checks On the Way
WEST TRENTON, Sept. 14, 2007 – Governor Jon S. Corzine today announced that the second and final wave of 2006 Homestead Rebate property tax relief...