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· 7/6/1970

New Jersey Mortgage Finance Agency v. McCrane

Citations

  • 267 A.2d 24
  • 56 N.J. 414
  • 1970 N.J. LEXIS 261

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • recognizing that a state agency that gave the proceeds of tax-exempt bonds to private lenders for residential mortgage loans served the public purpose of addressing a residential housing crisis
  • noting that \[t]he question of whether a citizenry has adequate and sufficient housing is certainly one of the prime considerations in assessing the general health and welfare of that body.\
  • genuine controversy over agency’s power to borrow and lend found to exist when State Treasurer refused to release funds for agency to commence preliminary operations

Source: CourtListener parenthetical corpus (CC0).

Judges: Proctor

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