***MULTIMEDIA PACKAGE*** Green News Conference Remarks on ‘New Jersey Residential Foreclosure Transformation Act’

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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.

The audio file is available upon request.