The measure would temporarily create the New Jersey Foreclosure Relief Corporation for five years.
Towns would have 45 days to decide whether to buy the home. If not, the corporation could buy it and restrict it as affordable housing for 30 years.
The measure would temporarily create the New Jersey Foreclosure Relief Corporation for five years.
Towns would have 45 days to decide whether to buy the home. If not, the corporation could buy it and restrict it as affordable housing for 30 years.