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Thursday, February 9, 2012

Sen. Menendez holds foreclosure hearing in Plainfield Friday


New Jersey Sen. Bob Menendez will hold a hearing in Plainfield Friday.
Plainfield's BUF Center will be the venue for a hearing on saving neighborhoods from foreclosures being conducted by US Sen. Robert Menendez Friday (tomorrow).

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.


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


-- Dan Damon [follow]

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2 comments:

Anonymous said...

How convenient to have this at 10:30 on a Friday morning when most homeowners are most likely working to try and keep their homes. Who is this hearing for? Jerry Green?

Anonymous said...

Why do we need testimony on the effect of foreclosures...seems to me it is self evident.