Assemblyman Benjie Wimberly (D-Bergen, Passaic), chair of the Assembly Housing & Community Development Committee, issued the following statement on today’s signing of nine measures addressing the state’s foreclosure crisis into law:
“These new laws will help us take a comprehensive approach in dealing with foreclosed homes in New Jersey. Foreclosed properties that sit in neighborhoods for years without being maintained are also a major problem, because these homes become eyesores in the community and drive property values down. As chair of the Assembly Housing and Community Development Committee, I will continue to work with Speaker Coughlin and our caucus to help solve the foreclosure crisis in New Jersey.”