• New Jersey February 17, 2022 12:12 pm

    NJ Allocates $10M in Funding for Foreclosure Prevention Program

    New Jersey Gov. Phil Murphy announced Wednesday that the state is allocating $10 million in funding to prevent foreclosures. The funding from the American Rescue Plan Act of 2021 (ARPA) will go to support New Jersey’s Foreclosure Prevention Act program administered by the New Jersey Housing and Mortgage Finance Agency (NJHMFA). The Murphy administration will use the funds to purchase…

  • Housing June 30, 2021 2:47 pm

    Some Reap Benefits of a ‘White Hot' Housing Market, but Others Need Help

    While the post-pandemic demand for houses along with a low supply created a price spike, not everyone is reaping the benefits. Millions of homeowners entered forbearance and many renters are struggling to pay rent as eviction protections begin to expire this summer. It’s a “race” to get more relief measures passed, says Chris Herbert of the Harvard Joint Center for...

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