Foreclosure hearing by Sen. Menendez at BUF this morning

New Jersey Sen. Bob Menendez will hold a hearing in Plainfield this morning.

 

Plainfield's BUF Center will be the venue for a hearing on saving neighborhoods from foreclosures being conducted by US Sen. Robert Menendez later this morning.

Originally scheduled for January, the hearing was postponed because of the funeral service for the late Assemblyman Alex DeCroce.

As Chairman of the Senate Subcommittee on Housing, Transportation and Community Debvelopment, Menendez will take testimony on the effect of the foreclosure crisis on New Jersey's neighborhoods -- including Plainfield -- and on proposals to remedy the situation.

Among those scheduled to testify are --

• Assemblyman Jerry Green (D-22), Chair, Housing and Local Government Committee
  
• Mr. Tim Touhey, CEO of the NJ Builders Association
• Dr. DeForest (Buster) Soaries, CEO, Central Jersey CDC
• Mr. Wayne Meyer, President, NJ Community Capital
• Mr. Allen Mallach, Senior Fellow, Housing and Community Development Network of NJ

The public is welcome. Doors open at 10:30 AM, the hearing is slated to begin at 11:00 AM.

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Saving Our Neighborhoods From Foreclosures
A Congressional Hearing
Chaired by Sen. Robert Menendez

Friday | February 10
Doors Open 10:30 AM

Black United Fund Center
403 West 7th Street
(corner of Central Avenue)
Parking in agency lot or on street

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-- Dan Damon [follow]

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