HomePolitics‘Chuck’ Richman, NJHMFA executive director, to retire at year-end

‘Chuck’ Richman, NJHMFA executive director, to retire at year-end

Charles Richman, executive director of the New Jersey Housing and Mortgage Finance Agency, is retiring Dec. 31 after nearly 50 years of public service, the Governor’s Office announced Tuesday.

Richman was appointed to the NJHMFA in 2018, after 31 years in the Department of Community Affairs, including serving as commissioner. He also served in leadership roles with the New Jersey State Energy Office and the Department of Energy, among other positions.

“Chuck Richman has been a lifelong champion for policy initiatives that matter most to New Jersey’s underserved communities,” Gov. Phil Murphy said in a prepared statement. “From the implementation of the Housing First Initiative, a nationally recognized supportive housing approach to end chronic homelessness, to his passion and expertise on the provision of affordable housing, Chuck has earned the admiration of DCA and NJHMFA staff, housing partners and colleagues both inside and outside state government. His service to the state of New Jersey will be greatly missed.”

During his time at NJHMFA, Richman pioneered a statewide model for health-housing partnerships, launched a statewide Down Payment Assistance Program and led the Special Needs Housing Partnership Loan Program, among other achievements.

Richman’s successor will be announced soon, the Governor’s Office said.

Related Articles

JLL secures $296M financing from Freddie Mac for 5-county multi-housing portfolio

JLL Capital Markets announced that it has secured a $296 million financing for a 13-property, 1,880-unit multi-housing portfolio across New Jersey. JLL represented the borrower in...

‘Jersey Craft Beverage Retailer Promotion and Grant Program’ bill advances

The Senate Economic Growth Committee advanced legislation of the “Jersey Craft Beverage Retailer Promotion and Grant Program,” sponsored by its chair, Senator Nilsa Cruz-Perez,...

JLL secures $86.2M loan for 355K SF Bridge Point Bayonne

 JLL Capital Markets announced that it has arranged $86.2 million in bridge financing for Bridge Point Bayonne, a newly constructed Class A warehouse and...

Marcus & Millichap announces sale of Hoboken mixed-use building for $3.47 million

Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a mixed-use...

Cushman & Wakefield arranges 2 leases for 180 Park Avenue in Florham Park

Cushman & Wakefield has arranged two leases on behalf of landlord Vision Properties at 180 Park Avenue in Florham Park. These transactions bring the...

NAI James E. Hanson negotiates sale of IOS site in Hillside to PSE&G

NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, negotiated the $4.35 million sale of a 1.2-acre industrial outdoor...

Latest Articles

Allegiant begins nonstop service from Atlantic City to 2 Florida destinations

Discount airline Allegiant Air began service Feb. 13 from Atlantic City International Airport to two Florida destinations – Punta Gorda and St. Petersburg.  As an...

JLL secures $296M financing from Freddie Mac for 5-county multi-housing portfolio

JLL Capital Markets announced that it has secured a $296 million financing for a 13-property, 1,880-unit multi-housing portfolio across New Jersey. JLL represented the borrower in...

ROI-NJ: Women of Inspiration – Kelly Crawford, Riker Danzig LLP co-chair

In the legal profession today, women hold more than 50% of private- and public-sector positions. Unfortunately, only 12-25% of law firms have women serving...

Lowenstein Sandler appoints Wishnia to managing partner, succeeding Wingens

Lowenstein Sandler LLP has announced that its partners have elected Jonathan C. Wishnia as the firm’s next managing partner. A member of the firm’s executive...

Harris joins Connell Foley LLP as partner in regulatory affairs and compliance group

Connell Foley LLP said Feb. 12 that Abbey True Harris has joined the firm as a partner in its regulatory affairs and compliance group....

‘Jersey Craft Beverage Retailer Promotion and Grant Program’ bill advances

The Senate Economic Growth Committee advanced legislation of the “Jersey Craft Beverage Retailer Promotion and Grant Program,” sponsored by its chair, Senator Nilsa Cruz-Perez,...

Latest Articles

Allegiant begins nonstop service from Atlantic City to 2 Florida destinations

Discount airline Allegiant Air began service Feb. 13 from Atlantic City International Airport to two Florida destinations – Punta Gorda and St. Petersburg.  As an...

JLL secures $296M financing from Freddie Mac for 5-county multi-housing portfolio

JLL Capital Markets announced that it has secured a $296 million financing for a 13-property, 1,880-unit multi-housing portfolio across New Jersey. JLL represented the borrower in...
Kelly Crawford-Riker Danzig

ROI-NJ: Women of Inspiration – Kelly Crawford, Riker Danzig LLP co-chair

In the legal profession today, women hold more than 50% of private- and public-sector positions. Unfortunately, only 12-25% of law firms have women serving...

Lowenstein Sandler appoints Wishnia to managing partner, succeeding Wingens

Lowenstein Sandler LLP has announced that its partners have elected Jonathan C. Wishnia as the firm’s next managing partner. A member of the firm’s executive...

Harris joins Connell Foley LLP as partner in regulatory affairs and compliance group

Connell Foley LLP said Feb. 12 that Abbey True Harris has joined the firm as a partner in its regulatory affairs and compliance group....