YOU ARE INVITED
to participate in a unique, policy-shaping economic development interactive meeting.

Hosted By:
The New Jersey Conference of Mayors

 &

UPS
Delaware River Port Authority (tentative)
Stradley Ronon Stevens & Young, LLP
NJ Bankers Association

Friday, June 6, 2008

Camden County Boat House,
 

The Housing & Subprime Credit Crisis: Impact on Local Communities

A dialogue between New Jersey Mayors and
The New Jersey Business Community

Special Guests

 Steven Goldman, Commissioner,
NJ Dept Banking & Insurance

Marge Della Vecchia, New Jersey Housing & Mortgage Finance Agency

Michael Angulo, Esq. Executive Director Higher Education Student Assistance Authority

 Discussion Agenda Facilitated by a Panel of Experts

Impact of foreclosures on local communities – blight, decrease in tax base, effect on local real estate values, increased municipal expenditures for code violations.

Status of city lawsuits against lenders/investment banks for recovery based on increased foreclosure activities and racial discrimination claims –City of Buffalo, City of Baltimore, City of Cleveland.

What can local mayors and local government do to work with lenders to help constituents avoid foreclosure?

Federal, state and local government response to the sub prime crisis.

The impact of the financial markets on student loans

Date: Friday, June 6, 2008 (half day)

Time: 8:00 am registration followed by breakfast and interactive meeting

Location: Camden County Boathouse,
7050 North Park Drive, Pennsauken, NJ 08109 
(856) 661-3188

 Registration: $40 includes breakfast (Mayors & government guest free)