"Governor Christie Slams Third Veto On Foreclosure Assistance Bill"

[applegrove]

Governor Christie Slams Third Veto On Foreclosure Assistance Bill

By Katie Rucke at Mint Press News

http://www.mintpressnews.com/governor-christie-slams-third-veto-on-foreclosure-assistance-bill/164794/

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A piece of legislation in New Jersey that would have essentially created a state-run program to buy foreclosed homes and properties and turn them into affordable housing has been vetoed by Republican Gov. Chris Christie — for the third time.

Christie vetoed the Residential Foreclosure Transformation Act on Monday and told state lawmakers they should rely on the $300 million in federal funds the state gets to help families who are struggling with paying their mortgage, “as opposed to the unavailable and, in some cases unidentified, state funding sources that this bill relies upon.”

“The state is committed to helping its citizens avoid foreclosure through the New Jersey Housing and Mortgage Finance Agency’s mortgage foreclosure prevention programs,” Christie said in his veto message. “Sending the New Jersey Residential Foreclosure Transformation Act to me for a third time is not the charm.”

Kevin Walsh, the associate director of the Fair Share Housing Center in New Jersey, called Christie’s veto “short-sighted.”





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[hollysmom]

1. Christie is pure ALEC he is not moderate

the democratic legislature keep him from making the serious changes.