Pallone Applauds Treasury Department Funds to Prevent Foreclosures and Stabilize NJ Housing Market

Congressman Frank Pallone, Jr. (NJ-06) applauded the allocation of more than $45 million through the Hardest Hit Fund to the state of New Jersey to help stabilize the housing market and prevent foreclosures. The Hardest Hit Fund was created in 2010 to provide targeted assistance to 18 states and the District of Columbia deemed hardest hit by the economic and housing market downturn.