Press Release
***MULTIMEDIA PACKAGE*** Green News Conference Remarks on 'New Jersey Residential Foreclosure Transformation Act'
By James Sverapa IV | February 14th, 2012 - 5:17pm
***MULTIMEDIA PACKAGE***
Green News Conference Remarks on 'New Jersey Residential Foreclosure Transformation Act'
Measure would Transform Foreclosed Properties into Affordable Housing
(TRENTON) - Assembly Speaker Pro Tempore Jerry Green (D-Union) issued a multimedia package Tuesday of remarks he gave at a State House news conference unveiling his legislation to transform foreclosed properties in New Jersey into affordable housing.
Green's bill (A-2168), the "New Jersey Residential Foreclosure Transformation Act," would promote the purchasing of foreclosed residential properties from banks and other institutional lenders and dedicating those properties for occupancy as market-rate or affordable housing. Such a move would help improve neighborhoods by helping New Jerseyans occupy housing that otherwise would remain vacant.
The multimedia package consists of a video of the Speaker Pro Tempore's news conference remarks and audio of the same.
The video can be accessed directly via our website - www.assemblydems.com - or by clicking here.
To read more, please visit the New Jersey General Assembly Democratic Office Web site.
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