{"data":{"id":"us-nj/n.j.-stat.-52-27d-368","jurisdiction":"us-nj","citation":"N.J. Stat. § 52:27D-368","heading":"Determinations","body":"It is determined that it is the policy of this State to provide a necessary means to prevent the deterioration of housing, the decline of neighborhoods and surrounding areas, and the problems associated with deterioration and decline; that these conditions are detrimental not only to the health, safety, and welfare of the people of the State, but reduce economic values and impair private investments and public revenues; that the support of corporations hereinafter described is necessary and desirable to alleviate those problems, and the rehabilitation of substandard housing as proposed in this act is a public purpose and a public use for which public money may be borrowed, expended, loaned and granted; and that the necessity in the public interest for provisions hereinafter enacted is a matter of legislative determination.\nL. 1987, c. 50, s. 3.","path":["TITLE 52 STATE GOVERNMENT, DEPARTMENTS AND OFFICERS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"5bc97f92a68b2e55391808e093375bd53fd3708bdb4a1d4591c21f89feb6d255","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-52-27d-367","next":"us-nj/n.j.-stat.-52-27d-369"},"notice":"GroundRules: Original legal text. Not legal advice."}