Irvington, N.J., is moving forward with plans to become the second municipality in the nation to use eminent domain to buy mortgages that are in foreclosure.
Meantime, a bipartisan group of lawmakers Tuesday unveiled legislation that would delay for about four years several changes to the federal government’s flood insurance program that are threatening to sock thousands of people with unaffordable premium hikes.
More than 500 homes in the town were either damaged or destroyed and town officials said that they want to make sure that the town is protected from future storms.
In Long Beach Township, the Army Corps of Engineers is waiting on 60 of the 465 oceanfront property owners to give their blessing to the project.
Mantoloking is planning to use eminent domain to take control of small strips of land from oceanfront homeowners holding up a beach replenishment project.