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Fall 2016 State of the City Semi- Annual Report

 

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Housing

Office of Housing Assistance Programs

  • Real Estate Finance
  • Housing Production

Director: Julio Colon
Location: Room 402, Newark City Hall, 920 Broad Street, Newark, NJ
Hours: 8:30am – 5:00pm
Phone: 973-733-8400


Affordable Housing for Rent – Hahne & Co

Frequently Asked Questions

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Application

 


Model Neighborhood Initiative (MNI) Programs
Contact: Kelly Schenk, kellyse@ci.newark.nj.us, 973-733-8425

If your home falls within the boundaries of the Model Neighborhood Initiative, you may qualify for the below programs.  See links for map of West or South Ward Model Neighborhoods.

  • Façade Improvement Program Guidelines & Application (PDF) (Word)
  • Live Newark Municipal Employee Program Application (PDF) (Word)

Real Estate Financing Programs

Manager: Malik Mitchell

Location: Room 402, Newark City Hall, 920 Broad Street, Newark, NJ

Hours: 8:00 am – 5:00 pm

Phone: 973-733-6362

HOME Investments Partnership Program (HOME)

  • Provide decent affordable housing to lower-income households;
  • Expand the capacity of nonprofit housing providers;
  • Strengthen the ability of state and local governments to provide housing; and
  • Leverage private-sector participation

Community Development Block Grants (CDBG)

  • Principally benefit low- and – moderate income persons;
  • Aid in the prevention or elimination of slums or blight;
  • And meets other community needs

CDBG Section 108 Loan Fund 

  • Provides subordinated financing to eligible borrowers to fill a financing gap beyond the amount of private participation and equity investment that can be raised;
  • Provides long term, fixed or variable rate financing at interest rates lower than conventional financing;
  • Provides a means for revitalizing disadvantaged areas; Creates sources of new jobs.
  • More information and application:
    • Program Guidelines (PDF) (Word)
    • Pre-Application Checklist (PDF)
    • Pre-Application (PDF) (Word)

Affordable Housing Trust Fund

  • Small fund is available for the production of affordable housing in the neighborhoods

Real Estate Tax Abatement

  • Available to qualified commercial, industrial and residential development projects that are located within an area designated as an “area in need of redevelopment”;
  • Only available to affordable housing projects financed by the New Jersey Housing Mortgage Finance Agency (authorized by N.J.S.A. 55:14K)

Foreclosure help — HMFA Foreclosure Relieve Program
Contact: Carmin Rosario, rosarioc@ci.newark.nj.us, 973-733-8461

The State of New Jersey and the federal government provide a variety of programs to assist homeowners. Free information is available here:

  • NJ foreclosure fact sheets (English) (Espanol)
  • Foreclosure first steps: Click here
  • Foreclosures help hotline: 800-NJ-HOUSE

12 key moments from Newark Mayor Baraka's state of the city https://t.co/YuM4NDHVrM | Tweeted On: Mar 23, 2017

Learn how YOU can become a property owner in Newark and more with @NwkDev on Saturday, April 8 https://t.co/OU4DQRDo5v | Tweeted On: Mar 23, 2017

If you didn't make yesterday's #careerfair we've got you covered with another, at Canaan Church Wednesday, March 29… https://t.co/hcn0DG6OqO | Tweeted On: Mar 23, 2017

WATCH: Mayor @rasjbaraka, @NewarkNJPolice & Public Works directors discuss snow removal w/ Municipal Council members https://t.co/r17YXzRnbx | Tweeted On: Mar 23, 2017

.@NJTVNews Interviews Mayor @rasjbaraka on 2017 State of the City https://t.co/wRvjH95b07 | Tweeted On: Mar 23, 2017

Two months ago we celebrated the revival of the historic @hahneandco alongside many anchors and institutions in the… https://t.co/EDSHvXwI0c | Tweeted On: Mar 23, 2017

#ICYMI Mayor @rasjbaraka shook the City with his 2017 SOTC and reported its transformation in all 5 wards https://t.co/a7LIiAyRu6 | Tweeted On: Mar 23, 2017

Starting Saturday, April 1, you can register your children in summer camp at one of these locations https://t.co/yoWkyAa7on | Tweeted On: Mar 23, 2017

Yesterday Mayor @rasjbaraka met with @DJLILMAN973 to discuss how we can further engage the City's youth https://t.co/9L9nIqrf3Z | Tweeted On: Mar 23, 2017

Happy Thursday Newark! Alternate side parking is suspended today, March 23. Please dress warm as the cold weather continues. | Tweeted On: Mar 23, 2017

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