New Jersey has spent more than $1 billion to replace or restore homes that were damaged or destroyed by Hurricane Sandy in October 2012. So far, of the 4,400 homeowners who have accepted a grant, 3,570 are in the construction process or securing temporary and final certificates of occupancy. The state has approved more than $25 million in zero-interest loans for affordable housing and $12 million in interest-free mortgages to moderate-income, first-time homebuyers.
Advertisement
Related Stories
Codes + Standards
Public Comment Period Opens for National Green Building Standard Updates
The 45-day public comment period for draft 2 of the 2024 NGBS begins on April 12, 2024
Codes + Standards
Public Comment Period Opens for 2024 National Green Building Standard Update
The 45-day public comment period opened Aug. 18, and comments must be submitted by Oct. 2, 2023
Codes + Standards
The Inefficiencies of the Latest Energy Code
The 2021 edition of the International Energy Conservation Code (IECC) hampers the return on investment for builders and homebuyers