Gov. Murphy signs legislation establishing Community Wealth Preservation Program

“The bill puts the interests and wellbeing of people before corporate real estate interests and protects families and communities from the disruption and devastation caused by foreclosure,” said New Jersey Citizen Action’s Financial Justice Program Director, Beverly Brown Ruggia. “The legislation is an important step toward reversing the devastating impact of the great recession and foreclosure crisis on black and brown families in New Jersey. It will help ensure that the chain of generational wealth building through home ownership isn’t broken when a family falls on hard times. We want to especially thank Senator Britnee Timberlake for championing this bill, and Governor Murphy for signing it into law.”

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