TRENTON – A bill sponsored by Senator Ronald L. Rice which would allow municipalities to require creditors who initiate a foreclosure proceeding to secure and maintain the vacant, foreclosed home was unanimously approved by the Senate Community and Urban Affairs Committee today.
“We’ve seen the negative impact of vacant, foreclosed homes falling into disrepair within a community,” said Senator Rice, D-Essex, the Vice Chair of the Senate Community and Urban Affairs Committee. “When a home stands vacant and the property deteriorates, it can bring down property values of surrounding homes, and it can create a magnet for criminal activity. Through this legislation, we’re trying to require creditors to take responsibility for the homes they’re overseeing, so that these homes do not create a burden for the rest of the municipality.”
Christie no longer ‘Today’ show cohost Gov. Chris Christie is no longer scheduled to co-host an hour of the TODAY show, rather the incumbent governor seeking re-election in the fall will sit down “for an extended interview,” according to the program’s spokeswoman. New Jersey’s governor was originally slated to...
By Tedford J. Taylor No topic is a less likely conversation-starter than our eventual deaths. Still, there is a lot to talk about. When polled, about 90 percent of people presented with end-of-life scenarios prefer the prospect of dying at home with... Read More >
"The frustration is she might as well have named Joe Cryan her choice for state party chair because Jason O'Donnell is simply a beard for Joe Cryan." - State Senate President Steve Sweeney (D-3).- PolitickerNJ.com
Press releases are submitted by PolitickerNJ users, not by staff. They do not represent the viewpoint of PolitickerNJ.com.