by Piazza and Associates | Apr 22, 2024 | Buyers and Sellers, News
If you own an affordable home, you will want to check out our updated estimate of the current maximum resale price and current maximum refinance amount of your home. Click here for calculators for municipalities that we serve: Resale and Refinance Calculator ...
by Piazza and Associates | Apr 12, 2024 | General, Income Limits, News
Limits on Assets Adopted by AHPNJ 2024 Counting Income from Assets: When calculating income to qualify households for affordable housing, assets are typically counted to the degree to which they generate income (e.g., the interest you earn on a savings account). Under...
by Piazza and Associates | Nov 7, 2022 | News
The Social Security Administration announced an increase in Social Security and SSI benefits, effective January 31st for SS and December 31st for SSI. Read more about this Cost of Living adjustment here: 2023 Social Security Cost of Living Increases set at...
by Piazza and Associates | Dec 17, 2019 | Buyers and Sellers
Request Resale or Refinance Information The New Jersey Council on Affordable Housing (COAH) requires that all affordable homes be sold at Restricted Sales Prices to Qualified Applicants, both of which are governed by our office for the municipalities listed, below. To...
by Piazza and Associates | Dec 17, 2019 | Buyers and Sellers
Process for Selling an Affordable Home (Outline) Our organization coordinates certain aspects of the sales process for affordable homes on behalf of your municipalities. We are not real estate agents, however, and recommend that Sellers use of a qualified real estate...
by Piazza and Associates | Dec 17, 2019 | Buyers and Sellers
Financing an Affordable Home We do not provide financing for affordable homes. It is up to each applicant to arrange for their own financing. When purchasing a unit, a written pre-approval from a financial organization is required that states the amount they are...
by Piazza and Associates | Dec 17, 2019 | Buyers and Sellers
An Outline of Affordable Housing Covenants for Sales Units If you are interested in owning an affordable home, your should familiarize yourself with these covenants or restrictions that all owners must adhere to. A. The property may be conveyed only to a household who...
by Piazza and Associates | Dec 17, 2019 | Buyers and Sellers, General
This privacy policy sets out how Piazza & Associates, Inc. uses and protects any information, related to affordable housing, that you give Piazza & Associates, Inc. when you use this web site or submit information to us on the telephone, in writing, though the...
by Piazza and Associates | Dec 17, 2019 | General
OPERATING POLICIES AND PROCEDURES Piazza & Associates, Inc. is an independent Administrative Agent foraffordable housing services, working on behalf of properties and municipalities throughout the State of New Jersey, that provide affordable housing opportunities...
by Piazza and Associates | Dec 17, 2019 | Buyers and Sellers
Professional help for Sellers of Affordable Homes Piazza & Associates, Inc. does not provide legal or real estate services, and we recommend that sellers be represented by an attorney in any real estate transaction. We have also found that licensed real estate...
by Piazza and Associates | Dec 17, 2019 | Buyers and Sellers
Sale Properties to be listed on New Jersey Housing Resource Center The New Jersey Department of Community Affairs, the New Jersey Department of Human Services and the New Jersey Housing and Mortgage Finance Agency (HMFA) have teamed up with a national non-profit...
by Piazza and Associates | Dec 17, 2019 | General
IMPORTANT POLICY UPDATE… We recently updated our policies and procedures. Here is a list of items which were modified: Right to Use Federal Guidelines: We do our best to describe the regulations and policies that govern the determination of household membership...
by Piazza and Associates | Dec 17, 2019 | General
Financing an Affordable Home We do not provide financing for affordable homes. It is up to each applicant to arrange for their own financing. IMPORTANT NOTE ABOUT FINANCING: When purchasing an affordable home, the Regulations now require that, if the estimated monthly...
by Piazza and Associates | Dec 17, 2019 | General
Applications for Affordable Housing can be withdrawn for the following reasons: Preliminary Stage The preliminary application must be fully completed and must be signed; Your social security is required on all applications in order to be considered; Your preliminary...
by Piazza and Associates | Dec 17, 2019 | General
All Waiting Lists are subject to Random Selection: At the start of a project; Periodically while the list is held by us; Or when a unit is available. The term, “Random Selection,” is used to describe the process by which we establish the priority order of...
by Piazza and Associates | Dec 17, 2019 | General
Each property or municipality has a “Waiting List,” or list of applicants who are “prequalified” on the basis of our review of a preliminary application. Since the determination to place someone on a waiting list is based on information that...
