Friday, May 13, 2011
N.J. Senator Questions Trust Status
TRENTON — Sen. Richard Codey wants to see the receipts.
The former governor Thursday called for the state’s Department of Community Affairs to account for how it spent $168 million from the Special Needs Housing Trust Fund, which he signed into law in 2005.
The action follows a report in The Star-Ledger last month that found the trust, which was supposed to use $200 million to create 10,000 housing units for disabled and homeless people, is now nearly broke and only expected to create 2,000 units.
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