|Assembly Housing and Community Development|
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Video: Oliver on Her Bill to Combat Fraudulent Deed RecordingsAssembly Speaker Emeritus Sheila Oliver (D-Essex/Passaic) discusses her legislation (A-3828) to enhance protections against fraudulent deed recordings. Oliver introduced the bill after a report by The Star-Ledger last year on deed fraud. The bill was released Monday by the Assembly Housing and Community Development Committee.
Watch the video here.
Singleton, Green, Mukherji & Lampitt Bill to Help Create more Affordable Housing in NJ Approved by Assembly PanelAn Assembly panel on Monday approved legislation sponsored by Assembly Democrats Troy Singleton (D-Burlington), Jerry Green (D-Middlesex/Somerset/Union), Raj Mukherji (D-Hudson) and Pamela Lampitt (D-Camden/Burlington) to help create more affordable housing.
The poor and middle class in particular have seen their incomes fall between 1990 and 2014. New Jersey is among the states where inequality has grown the most. This growing income disparity, combined with the effects of the Great Recession and the burst of the housing bubble in the last decade, have created systematic disincentives to financing low and very low income housing when the need for this type of housing is increasing. This bill hopes to address this imbalance.
"Affordable housing options in the state are limited and this proposal seeks to allow people to have a fair shot to live in a thriving community," said Singleton. "This can help incentivize developers to create housing to help accommodate some of our most vulnerable residents."
Singleton & Lampitt Bill to Help First-Time Home Buyers Realize Dream of Home Ownership Clears Assembly CommitteeLegislation sponsored by Assembly Democrats Troy Singleton (D-Burlington) and Pamela Lampitt (D-Camden/Burlington) to help first-time home buyers better prepare for the financial obligations that come with purchasing a home was released Monday by an Assembly panel.
"The biggest challenge that most first-time home buyers face is coming up with enough money for a down payment," said Singleton. "This would help residents interested in buying a home save up the funds needed over time so they can comfortably reach their goal of home ownership."
Oliver, Giblin, Tucker, Caputo & Chiaravalloti Bill to Protect Property Owners from Deed Fraud Clears Assembly PanelAn Assembly panel on Monday approved legislation sponsored by Assembly Democrats Sheila Oliver, Thomas Giblin, Cleopatra Tucker, Ralph Caputo and Nicholas Chiaravalloti to help prevent deed fraud and protect property owners from losing their homes to scammers.
Oliver spearheaded the bill after being notified by the Essex County Register of Deeds and Mortgages about how prevalent and simple it was for scammers to steal someone else's property using public records.
"These individuals are taking advantage of public information to steal people's homes right out from under them," said Oliver (D-Essex/Passaic). "This notification requirement provides an additional safeguard to help prevent fraud and protect property owners from becoming victims."
Quijano & Chaparro Bill to Create Pilot Program to Assist Certain Low Income Renters with Security Deposits Approved by Assembly Panel
Legislation sponsored by Assemblywomen Annette Quijano (D-Union) and Annette Chaparro (D-Hudson) to create a pilot program in select counties to help low-income renters with their security deposits was released Monday by an Assembly panel.
The pilot program would run in Union, Essex, Hudson & Gloucester counties
By law the amount of a security deposit on a residential lease may not exceed 150 percent of the amount of the monthly rent, but this initial payment is still cost-prohibitive for many residents.
"Paying the initial month's rent, plus the security deposit, can make moving into a new apartment cost-prohibitive for residents who live paycheck to paycheck," said Quijano. "This allows residents to spread out their security deposit payment instead of paying for it upfront."
Transient Housing Regulation, ATM/Credit Card Protections, Self-Driving Vehicle Insurance, Anti-Smoking, Opioid Antidotes, Tuition Transparency, Sandy Victim Help & Affordable Housing Highlight Monday Assembly CommitteesAlso on Tap: Telemedicine, Amusement Games at Airports, Criminalizing Flakka & Racial/Ethnic Impact Statements for Sentencing Measures
Regulating transient housing services such as Airbnb, ATM and credit card protections, self-driving vehicle insurance, anti-smoking legislation, opioid antidotes, tuition and fee transparency, Sandy victim mortgage relief and affordable housing legislation highlight Monday's Assembly committee hearings.
Also on tap: telemedicine, amusement games at airports, criminalizing flakka and requiring a racial and ethnic impact statement for bills and regulations affecting sentencing…