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Public Forum Provided Answers On Foreclosures

Orange Transcript / LocalSource.com — Thursday, January 29, 2009

On Wednesday, January 14th, Mayor Eldridge Hawkins, Jr. held the second in a series of monthly public forums. Coming in the midst of a foreclosure crisis brought on by the worst economic conditions since the great depression, the forum focused on the city's strategies to help property owners avoid losing their homes and to stabilize neighborhoods endangered by foreclosures.

At the forum, residents had the opportunity to learn about programs to help them avert foreclosure, get help and advice from the City on how to save their homes, and learn about what the City is doing to stabilize neighborhoods.

Mayor Hawkins, Acting Director of Planning and Economic Development Valerie Jackson and Deputy Director of Planning and Economic Development Christopher Mobley discussed the city program and answered questions on foreclosure prevention and neighborhood stabilization.

Those attending also heard presentations by E. Michael Taylor, Director of Housing and Community Development for Essex County; Phyllis Salowe-Kaye, Executive Director, New Jersey Citizen Action; and Stephone Mickler, Loan Officer with the New Jersey Housing and Mortgage Finance Agency. Those unable to attend, were able to watch the forum on Channel 35.

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