2014.018

Shachat, Donald M.

Gift

Gift of Donald M Shachat.

1973 - 1975

Date(s) Created: 1973-1975 ca Date(s): 1973-1975

Notes: Archives 2014.018.0032 ==== [Text side 1] Bringing Low Cost Loans To Hoboken Home- Owners Consiguiendo Prestamos A Bajo Costo A Los Duenos De Casa De Hoboken Portando Ai Proprietari Di Hoboken Prestiti A Prezzi Bassi Hoboken Municipal Home Improvement Project ---- We Will Help You Buy a New Home or Repair the Home You Now Own What have we done? Since the HMHIP began, we have obtained more than 35 low cost loans and mortgages worth over $250,000. Loans have ranged from $1,000 to over $20,000 and have been made available to owner-occupants of building containing up to 8 units. The HMHIP has just obtained $1 1/2 million in mortgage funds from New Jersey banking institutions. Unlimited small loan funds from local banks are available too. The Project now has sufficient public funds to make low-interest grants to more than 200 owners and additional private and public funds will be made available as necessary. Our staff has already met with 150 homeowners to discuss property improvements or purchases. More than 80 owners have had their properties inspected by Project personnel (as possible mortgage and loan recipients.) Owners have been advised on the financial resources available, and on ways to complete repairs at the lowest possible cost. Common building problems, have been solved. The life spans of properties have been extended for many years through Home Improvement Project loans. ---- Hoboken: One Square Mile of Progress A City-Wide Project Our project is young and growing. New resources are being developed every day. Take advantage of our project. Come and see us! Haga uso de Nuestro Proyecto. Venga a Vernos! Nostro progetto e grovane e crescente. Nuovi mezzi si stanno suiluppando ogni gi orno. Approfittate de nostro Progetto, venite a verderci! Address - 56 Newark Street, Hoboken, New Jersey 07030 Telephone (201) 963-1917 Hours: 9:00 a.m. to 4:00 p.m. Monday thru Friday A Model Cities Project - Supported by the New Jersey Department of Community Affairs, through its Demonstration Grant Program [end text side 1] ==== [text side 2] Hoboken: a Colorful Past, a Bright New Future Who Are We? Do your plumbing or electrical systems need repair? Want to install central heating in your home? Interested in renovating the kitchens, bathrooms, or other rooms in your house? Help is now available right here in Hoboken. Hoboken Model Cities established the Municipal Home Improvement Project (HMHIP) in March, 1972 to begin helping owners repair and maintain their homes. Now, current and prospective homeowners who want to upgrade properties throughout the city can apply for low cost mortgages and loans. HMHIP is bringing new funds into the City for you to use. We have convinced a number of banks, mortgage companies, and government agencies, both federal and state, to invest mortgage, loan, and grant monies in Hoboken on your behalf. The New Jersey Department of Community Affairs has just announced a special $200,000 Demonstration Grant for this project. HMHIP has already attracted the interest of officials in other cities throughout the State. Homeowners elsewhere are asking for the same kind of special funds and services available in Hoboken right now! ---- Services Available. The HMHIP offers owner and prospective owners: Low interest (3%) mortgages and loans for home repairs and renovations of owner-occupied properties. Owners applying for seven year loans, covering up to $9,000 for a 4 family home, can obtain approval within just a few days. Twenty year mortgages for larger amounts are also available. Low down payment mortgages for purchase of 1 to 4 family properties throughout the city. Assistance in preparing owner applications for loans and mortgages from other public and private sources. Advice on repairs necessary and reasonable costs for projected work: the HMHIP can help you make sure you won’t be overcharged by contractors for renovation project. Home Improvement Project Staff members make informal inspections of properties to investigate building conditions before owner makes formal application for loan or mortgage. Cost Estimators prepare formal write-ups on each repair project and, in the process of preparing estimates, can work with owner in solving difficult building problems, like constant water leakage and faulty building structure. ---- Servicios que proves el Proyecto. Hipotecas y prestamos al (3%) de interes para reparaciones o renova-ciones de casas vividas por los duenos. Duenos que aplican para un prestamo a 7 anos donde pueden llegar hasta $9,000 para un casa de 4 familias, pueden obtener la aprobacion en pocos dias. Hipotecas a 20 anos para cantidades mayores tambien estan disponibles. Hipotecas con prontos pagos bajos para la compra de casas de 1 a 4 familias a traves de la Ciudad de Hoboken. Assistencia en la inspeccion de propiedades para evaluar el tipo de reparacion necesaria. Nosotros evitamos que los contratistas los sobrecargen en el trabajo por medio de inspecciones del edificio antes que se haga la applicacion formal. Tambien, nuestros inspectores, hacen inspecciones rutinarias durante la construccion o renovacion para ver que todo se haga segun lo especificado. ---- I Servizi Forniti Dal Progetto. HMHIP offre proprietari e proprietari prospettivi, interesse a prezzo basso (tre per centra) per ipoteche e prestiti per riparazioni e rinno-vazioni di proprieta occupata dai padroni, proprietari chiedendo prestiti per sette anni fino a $9,000.00 per una casa a quattro famiglie possono essere approvati fra pochi giorni. Ipoteche per vanti anni per prestiti piu alti sono anche disponibile. Ipoteche con un basso pagamento per la compera di proprieta da una a quattro famiglie dappertutto la citta. HMHIP puo aiutarvi per essere sicuri che non pagherete prezzi eccessivi ai contrattori del progetto. Gl’impiegati del Progetto di miglioramento delle case, fanno ispez-ione della proprieta per investigare le condizioni del palazzo prima che il proprietario faccia domanda per il prestito o ipoteche. I valutatori del costo preparano il modulo per ogni piano di riparazione e nel processo di preparare le spese, possono lavorare col padrone a risolvere i problemi difficili di costruzione, per esempio, continua perdita d'acqua, o qualche altro difetto di costruzione. [end text side 2] ==== ==== Status: OK Status By: dw Status Date: 2014-04-16