HUD: NSPIRE UPDATES
NJ DEPT OF COMMUNITY AFFAIRS
NJ DEPT OF COMMUNITY AFFAIRS
National Standards for the Physical Inspection of Real Estate (NSPIRE). These requirements pertain to areas such as fire-labeled doors, electrical systems, guardrails, HVAC, interior lighting, and minimum electrical standards. Additionally, the bulletin introduces resources like the "Inspection 101" one-pager and the "Property Owner Inspection Journey Map" to guide stakeholders through the NSPIRE inspection process. Learn More...
NJ DEPT OF COMMUNITY AFFAIRS
NJ DEPT OF COMMUNITY AFFAIRS
NJ DEPT OF COMMUNITY AFFAIRS
The New Jersey Department of Community Affairs (DCA) offers a wide range of resources and support for property owners, landlords, and tenants. You can access information about housing assistance programs, landlord-tenant regulations, building codes, and property maintenance standards. The site also provides guidance on affordable housing opportunities, disaster recovery resources, and tools to ensure compliance with state laws. It’s an essential hub for staying informed and navigating the complexities of property management in New Jersey. Learn More...
NJ COMFORT PARTNERS
NJ COMFORT PARTNERS
NJ COMFORT PARTNERS
The NJ Comfort Partners Program is a free initiative that helps eligible New Jersey residents lower their energy costs by improving the energy efficiency of their homes. The program offers home energy assessments, energy-saving upgrades, and assistance with installing weatherization measures like insulation and air sealing. It is available to low- and moderate-income households, renters, and homeowners, aiming to reduce energy bills and increase comfort. Eligibility requirements include meeting income guidelines and residing in a home with inefficient energy systems. Learn More...
NJ COMFORT PARTNERS
NJ COMFORT PARTNERS
NJ COMFORT PARTNERS
The New Jersey Housing Resource Center (NJHRC) is an online platform that helps residents find affordable housing throughout the state. It offers a searchable database of rental and for-sale units, including emergency and supportive housing options. The site is user-friendly, allowing tenants to filter listings based on location, rent, accessibility features, and more. Additionally, NJHRC connects users with resources for housing assistance and tenant rights education, making it a valuable tool for individuals seeking affordable and stable housing in New Jersey. Learn More...
APNews.com, 01/16/25
NJSpotlightNews.com, 12/30/24
NJSpotlightNews.com, 12/30/24
"FTC Sues Greystar, Alleging Hidden Fees Deceived Renters"
Published on January 16, 2025. The FTC and the State of Colorado have filed a lawsuit against Greystar, the largest property management company in the U.S., accusing it of deceptive practices. The lawsuit alleges that Greystar misled renters by advertising low monthly rents but charging hidden fees, leading to renters paying more than expected. Learn More...
NJSpotlightNews.com, 12/30/24
NJSpotlightNews.com, 12/30/24
NJSpotlightNews.com, 12/30/24
"Crucial year ahead for affordable housing in NJ?"
Published on December 30,2024. This article discusses New Jersey's plans to address affordable housing needs in 2025. The state's Department of Community Affairs (DCA) has identified a requirement for approximately 85,000 new affordable homes and the rehabilitation of 65,000 existing units over the next decade. These efforts are part of the fourth round of housing obligations, aiming to meet the demands of low-income residents. Learn More...
Reuters.com, 12/5/24
NJSpotlightNews.com, 12/30/24
MultiHousingNews.com, 12/4/24
"Landlords, software maker Yardi must face price-fixing lawsuit, US judge rules"
Published on December 5, 2024, this article reports that a U.S. District Judge in Seattle has allowed a price-fixing lawsuit to proceed against ten property management companies and software maker Yardi Systems. The lawsuit alleges that these landlords coordinated rental prices using Yardi's revenue management tools, potentially overcharging millions of renters in multifamily housing. Learn More...
MultiHousingNews.com, 12/4/24
MultiFamilyDive.com, 11/25/24
MultiHousingNews.com, 12/4/24
"2024 Top Multifamily Developers"
Published three weeks ago, this report highlights significant multifamily development activity, with the national pipeline including nearly 1.2 million units under construction and more than 4.4 million units in the planning and permitting stages as of early November. More than 550,000 units are expected to come online this year, with 508,000 completions projected for 2025. Learn More...
MultiFamilyDive.com, 11/25/24
MultiFamilyDive.com, 11/25/24
MultiFamilyDive.com, 11/25/24
"Apartment completions jump 61% YOY"
Published on November 25, 2024, this article discusses a significant increase in apartment completions, which jumped 61% year-over-year, while new multifamily development starts dropped 12% in the same period, indicating a cooling trend in new developments. Learn More...
Marketwatch.com, 11/16/24
MultiFamilyDive.com, 11/25/24
MultiFamilyDive.com, 11/25/24
"Homeowners are using this hack to cut their mortgage payments in half - and chip away at the housing shortage"
Published last month, this article highlights how Californian homeowners are building accessory dwelling units (ADUs) in their backyards. This trend adds to housing supply and addresses affordability issues, particularly in areas with restrictive single-family zoning laws. The movement towards ADUs is extending beyond California, offering a viable solution to increase housing in densely populated areas. Learn More...