NEW JERSEY STATE LEAGUE OF MUNICIPALITIES ANNOUNCES
THIS INNOVATIVE PROFESSIONAL DEVELOPMENT SEMINAR
“IN REM FORECLOSURE PROCESS FOR MUNICIPALITIES –
REAL ESTATE & LAND USE”
(A Vehicle to the next round of Affordable Housing –COAH)
| DATES: |
Tuesday, March 11, 2008 at the PNC Arts Center, Holmdel, NJ
Monday, March 17, 2008 at The Enterprise Center at Burlington County Community College, Mt. Laurel, NJ |
| TIME: |
8:30 A.M. – 1:00 P.M. |
| COST: |
$75 for Members, and $150 for Non-Members |
Why Should You Attend? What is Your Return on Investment?
- Certified Municipal and County Finance Officers, Certified Tax Collectors, and Planners may become involved to acquire foreclosed properties either through the In-Rem process or from a bank, with the revisions of the Third Round Rules of the Council on Affordable Housing (COAH). In the best interest of a municipality is to acquire a property lower than market rate, then collaborating with a private, non-profit, affordable housing corporation or a builder to rehab the property, adding it to the affordable housing inventory. This “vehicle” to the next round of affordable housing rules has several benefits; it keeps the taxes in the town, and is more cost effective than sending the RCAs to another town.
- Keith A. Bonchi, Esquire, and Sharon A. Lorenzini, Paralegal, of Goldenberg, Mackler, Sayegh, Mintz, Pfeffer, Bonchi, and Gill Attorneys at Law will discuss the Adoption of a Resolution by the Municipality to Foreclose on Certain Liens through the Entry of Final Judgment, the deed to the Property. Included is the “In Rem Foreclosure Process for Municipalities” manual.
- Edwin W. Schmierer, Esquire, of Mason, Griffin & Pierson, P.C., will share his expertise in the practice area of Governmental Affairs and Real Estate & Land Use with an emphasis in Municipal Affordable Housing Compliance.
- Glean resourceful information on rehabbing a property.
- Tax Officials receive Valuable Continuing Education Hours/Units.
How Do You Register?
- Visit the League’s Website www.njslom.com. (Click here for Agenda & Registration Form)
- Click on the Calendar.
- Download the Registration Form.
- Fax it to the Registration Department at (609) 695-0151.
- Mail it to NJSLOM, 222 West State Street, NJ 08608.
- Questions -Call Karen E. Venditti, CMP, Program/Meeting Specialist at (609) 695-3481, ext. 118, or via email at kvenditti@njslom.com.
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