A state Assembly panel last week passed a bill that gives foreclosure protection to homeowners still trying to rebuild after Hurricane Sandy.
The bill, sponsored by Assemblyman Adam Taliaferro, D-Salem, Gloucester, Cumberland, would require the state Department of Community Affairs to extend the completion deadline for projects funded through grants for applicants who can demonstrate the delay was the builder’s or the DCA’s fault.
The bill’s temporary protections apply to certain storm victims, such as homeowners, who have been approved for state or federal aid because of damage to their primary homes.
“The idea of Sandy victims facing foreclosure because of problems they did not create is asinine,” Taliaferro wrote in a statement. “This legislation will help address the economic crisis that many families continue to experience as a result of Superstorm Sandy.”
The bill cleared the Senate Budget and Appropriations Committee on Thursday. It was approved 63-4-8 by the Assembly in June.