Tags: housing | affordable | new jersey

Conservative Group Fights NJ Affordable Housing Bill

Tuesday, 01 May 2012 09:02 AM

By Sandy Fitzgerald

Legislation to turn foreclosed homes into affordable housing has set off an angry reaction in New Jersey, where one conservative group has launched a campaign to kill it.
According to njspotlight.com, Americans for Prosperity has begun an advertising campaign warning that legislation pushed by Democratic lawmakers could move “drug addicts, ex-cons, sex offenders, and homeless people” into neighborhoods.
“A lot of people don’t even know this is happening, or the significant negative impacts this bill will have on our neighborhoods,” Steve Lonegan, a gubernatorial candidate and state director of Americans for Prosperity, told njspotlight. “Any local official would have to be crazy to support this.”
The plan, however, does have some powerful supporters who don’t always end up on the same side of an issue.

They include the state League of Municipalities, the New Jersey Builders Association, the Housing and Community Development Network of New Jersey, and the New Jersey Bankers Association.
The supporters say the criticisms reflect a misunderstanding of the bill, which would establish a temporary agency to buy foreclosed houses and make them available to local governments, nonprofit groups, or private investors as low and moderate-income housing.
Democratic state Sen. Raymond Lesniak, one of the bill’s sponsors, said the initiative is “a way to support property values and reduce crime by getting people into vacant homes, provide municipal tax revenues, while stabilizing the housing market.”
But Lonegan said the plan amounts to expanding government at taxpayer expense to help private interests.
“Every special interest in the state with something to gain is lined up behind this,” he said. “But thank God the bankers association, the builders association, the realtors association, don’t run the State of New Jersey.”

© 2015 Newsmax. All rights reserved.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

Elysian Brewing Sold, Leaving Devotees to Cry in Their Beer

Monday, 26 Jan 2015 09:16 AM

Elysian Brewing was sold to Anheuser-Busch last week, and many in the craft beer community are saying the longtime Seatt . . .

'Full House' Reunion Brings Show's Stars Back for a Party

Monday, 26 Jan 2015 09:06 AM

There was a "Full House" cast reunion on Saturday night as John Stamos, Bob Saget, Lori Loughlin and others joined toget . . .

Bill Maher: 'Psychopath Patriot' Is What Dead 'American Sniper' Hero Chris Kyle Really Was

Monday, 26 Jan 2015 08:21 AM

Bill Maher attacked deceased Navy SEAL Chris Kyle, the subject of Clint Eastwood's new "American Sniper" film, on his HB . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved