The state has extended and expanded an emergency grant program for New Jersey apartment landlords, drawing praise from the multifamily sector despite the need for additional relief.
The New Jersey Apartment Association is renewing calls for additional assistance to both renters and landlords, as highlighted by the recent national eviction moratorium by the federal government and continued discussions among state policymakers.
With New Jersey’s coronavirus crisis entering its seventh month, the state’s apartment industry still faces a long list of challenges amid legislative efforts to address the economic fallout. Real Estate NJ connected with David Brogan, the executive director of the New Jersey Apartment Association, who weighed in on everything from rent collections to state and federal policy proposals that he believes would have dire financial consequences for landlords.
State officials have unveiled a $25 million grant program for small landlords who have lost rent revenue during the coronavirus crisis.
The state Assembly has passed a bill that would shield residents from eviction and require landlords to create payment plans for past due rent during the pandemic, drawing renewed criticism from the apartment industry.
A new proposal by state lawmakers would require apartment landlords to set up payment plans with tenants who could not pay rent during the coronavirus crisis, but multifamily industry advocates are raising concerns about the bill’s unintended consequences.
How will COVID-19 impact multifamily design or operations? We assembled a panel of industry experts to tackle this month’s question.
The New Jersey Apartment Association is mourning the loss of a former president and longtime executive of the region’s multifamily industry.
The state will provide at least $100 million in assistance to low- and moderate-income renters impacted by the COVID-19 crisis, under a program announced Friday by Gov. Phil Murphy.
A bill that would create a $100 million rental assistance program in New Jersey — one that has drawn support from the apartment industry — is now awaiting action by Gov. Phil Murphy.