Creating a Private Public Partnership to Address the Number of Distressed Properties
in the South Jersey Region
On October 27, 2018, The Financial Wellness Institute and Land Dimensions, in collaboration with WRI rolled out the report: Turning Toxic Liabilities into Community Assets. Its purpose and the subsequent housing conference was to raise awareness of the number of REO, abandoned and vacant properties in the region. New Jersey continues to rank among the states with the highest foreclosure rates, and South Jersey leads the state.
As the next step in addressing this critical issue, join us as we begin to roll-out some of the market driven strategies identified in the report, including:
• Private Public Partnership
• REvolve – a Model for a Revolving Loan Fund to be used for the acquisition and rehabilitation of distressed properties that are affordable to working families that will
have a positive impact for the Partners
Participation in this round table discussion is key to the success of a regional housing initiative for working families. By developing opportunities to acquire and rehabilitate distressed properties, we hope to not only meet the demand for housing which is affordable for working families, but also create job opportunities which may contribute to our local economy.
RSVP now! Join us and share your knowledge and expertise, and earn more about partnering with us in our endeavor to Turn Toxic Liabilities into Community Assets and build wealth in our communities, not only for working families, but for the communities in which we live, work and play in the southern New Jersey region.
Location:
The Federal Reserve Bank of Philadelphia
7th Street Entrance – Between Arch Street and Race Street
Philadelphia, PA
(Enter 7th street side – Employee Entrance, and the Delaware Room).
Note: Security Check-in: 8:00 a.m.
(Photo Identification Required)
RSVP:
Janice Kaighn at jkaighn@financialwellnessinstitute.org or call 856-251-0311 by June 20, 2019