Tuesday, March 5, 2013
Bipartisan bill to provide tax relief to towns that are acquiring flood-prone homes through the state's Blue Acres program.
A Senate panel on Monday approved bipartisan legislation sponsored on the democratic side by Assembly members Valerie Vainieri Huttle, Tim Eustace and Connie Wagner to provide tax relief to towns that are acquiring flood-prone homes through the state's Blue Acres program. The bill is sponsored on the republican side by Holly Schepisi and Jack Ciattarelli. The Senate sponsors of the bill are Robert Gordon (D) and Gerald Cardinale (R). The bill (A-3362/S-2256) would exempt certain properties acquired by municipalities after Oct. 29, 2012, when Superstorm Sandy hit, from county, school, and fire district taxes for the following tax year. Municipalities receive grants for acquiring flood-prone property for open space and conservation purposes …
Tuesday, January 29, 2013
Bipartisan bill to provide tax relief to towns that are acquiring flood-prone homes through the state's Blue Acres program.
Bipartisan legislation that would exempt flood-prone properties acquired by municipalities from county, school and fire district property taxes for the following tax year, was approved by the full Assembly on Monday. The bill is sponsored on the Democratic side by Assembly members Valerie Vainieri Huttle, Timothy Eustace and Connie Wagner and on the Republican side by Holly Schepisi and Jack Ciattarelli. Under the current law, if a municipality acquires any flood-prone properties after October 1, it must pay the county, school, and fire district property taxes owed for all or the remainder of the following tax year. Stating that this bill is a sensible way to help beleaguered homeowners and cash-strapped municipalities, Vainieri-Huttle …
Friday, December 7, 2012
Funding comes from the state's Blue Acres program, which helps provide for the acquisition of lands located in floodways.
An Assembly panel on Thursday approved bipartisan legislation sponsored by Assembly members Valerie Vainieri Huttle and Tim Eustace to provide tax relief to towns that are acquiring flood-prone homes through the state's Blue Acres program. "The homes at issue are being purchased by Blue Acres funds because of constant flooding and they are now coming off the tax rolls,” said Vainieri Huttle (D-Bergen). “Towns should not be left on the hook to pay county and school taxes for a home that is no longer bringing in property taxes because of a delay in processing. This is a sensible way to help beleaguered homeowners and cash-strapped municipalities." "This is a simple solution to allow for towns to plan correctly for next year's budget," said …
Friday, June 1, 2012
New Milford awarded $400K in state Blue Acres Funds to help acquire homes hit by repetitive flooding.
Senator Bob Gordon and Assembly members Connie Wagner and Tim Eustace announced Thursday that New Milford will receive $403,075 in state Blue Acres Fund to assist with the purchase of homes affected by repetitive flooding. Blue Acres is a state program that acquires properties that experience repetitive loss, demolishes the structure and returns the property to open space. It falls under the umbrella of Green Acres, a program designed to preserve open space. "This funding will help New Milford take a smart, long-term approach to mitigate the flooding that has caused nightmares for residents for many years now," said Gordon. "Rather than putting a band aid on the problem, we can finally start moving forward with a solution." This funding, …
Friday, May 11, 2012
New Milford qualified to receive Blue Acre funding to purchase properties that experience repetitive flooding.
$8 million in Green Acres funds will be moved to the Blue Acres program to assist towns in buying out properties that experience repetitive flooding in a resolution unamimously voted on by the Joint Budget Oversight Committee Thursday. Among the New Jersey towns that will receive grants are New Milford and Westwood, two Bergen County towns severely affected by flooding following Hurricane Irene. The resolution states that towns can only use the funds to buy out, and remove, the homes subjected to flooding, and preserve it as open space. The towns are restricted from building new houses on the cleared land. Senator Paul Sarlo, (D-36), of Wood-Ridge, requested a breakdown from each town on how much of the money is being used for so-called…
Monday, November 14, 2011
Representatives discuss acquisitions and elevations before an emotionally charged crowd
Emotions ran high Saturday morning in a filled-to-capacity council chamber where residents who have suffered loss from Hurricane Irene were invited to learn about their options through the Federal Emergency Management Agency (FEMA). Mayor Ann Subrizi, Councilwoman Celeste Scavetta, and Councilmen Dominic Colucci and Diego Robalino presided over a meeting led by Sgt. Michael Gallagher, from the mitigation unit of the N.J. Office of Emergency Management (NJOEM); Michael Foley, Sr. Program Specialist for FEMA's Mitigation Division; and Alan Aldridge, a FEMA mitigation specialist from Mississippi who has been assigned to work with New Milford. The purpose of Saturday's meeting was to discuss the acquisitions and elevations of some flood-…
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12:15 am on Friday, December 14, 2012
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