An idea to have the cash-strapped state buy up homes in foreclosure to help address affordable housing issues in New Jersey is getting renewed attention now that Gov. Phil Murphy is in office. Former Gov. Chris Christie had vetoed the idea three times, once explaining in a veto message he was “rejecting the attempt to simply add millions of dollars to the budget without identifying offsetting reductions,” according to a report in NJSpotlight.

Foreclosure News



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