Join State Partners in Calling Gov. Christie to Use Funds as Intended
As an update to our May 16, 2012 post, “State AGs Negotiate $25 Billion Housing Settlement”, to date, New Jersey’s $75 million (this is a correction to the $72 million that we originally reported) from the federal foreclosure settlement is proposed to be used to fund programs that have traditionally been funded through the general fund i.e. disability and rental assistance programs. The funds will free up money for other purposes including property tax relief.
The Housing & Community Development Network of New Jersey (the Network) is working, along with their allies, to be sure that the funds are not used to backfill the budget and to pass the governor’s tax cut. Please join the Network and Monarch Housing in signing the letter below to encourage our Governor and legislative leaders to pass a responsible budget that does not usurp this critical housing resource.
New Jersey Citizen Action (NJCA) and others are writing to Governor Christie regarding New Jersey’s share of the Attorney General’s $75 million foreclosure settlement funds. The governor has indicated he plans to use the funds as a revenue source for his budget priorities. The Network, NJCA and Monarch encourage you to sign on to this letter to urge him to use the more than $75 million in AG settlement funds as they were intended.
Click here to view the letter which will be sent to Governor Christie and let NJCA know today if your organization can sign on.