Absecon Considers Fixing Blighted Properties Making Owners Pay

Legislation Update
April 9, 2018

Source: Shore News Today (full article)

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eCode 360 (Collingswood, OH)

Municipal Code

Property Maintenance Code

Upkeep of Vacant and Abandoned Residential Properties Code

Abandoned Property Code

ABSECON — When it comes to getting lienholders to properly maintain their abandoned properties, Mayor John Armstrong believes the solution might be to just do it for them.

Addressing City Council on April 5, Armstrong said he’s in favor of creating an ordinance that would allow the city, through the Atlantic County Improvement Authority, to bring abandoned properties up to code and then place a lien on them. Property owners would be forced to either pay off their lien in a timely fashion or face losing their properties once that lien is sold.

It’s a proactive way to get mortgage owners of homes abandoned largely due to foreclosure, many of them banks, to start addressing the issue of blight caused by their derelict properties, he said.

“These banks, while they’re holding onto these properties, don’t want to spend money,” Armstrong said. “They wait and they wait and things start to deteriorate. You’d think it’d be in their best interest to maintain these properties, but all they do is slap on a Band-Aid.”

The abandoned home ordinance, as proposed, would go beyond simply cutting grass or boarding up broken windows to meet code standards, but would allow for significant work to help properties that have fallen into disrepair.

The effort should not cost the municipality either, Armstrong said. Through a joint municipal agreement with the improvement authority, the cost of construction would be paid through the authority, which not only has funding for such programs but already collects registration fees for homes that are left empty.

Though the ordinance has not been formally proposed, Armstrong said he would like to see one adopted within the next two months.

Armstrong said he’s seen the fruits of such a program in towns such as Collingswood, Camden County, which suffered with its own foreclosure problem and a declining downtown during the economic downturn. Armstrong said Collingswood Mayor Jim Maley told him a similar program helped resolve the issue of blight in his town and encouraged new homeownership.

Armstrong didn’t identify any properties specifically, but did say there are several that meet the criteria for such an ordinance. He hopes the ordinance sends a message to property owners to start making repairs.

“When you pick a property, there’s a whiplash response,” Armstrong said. “Mortgage holders and banks realize it’s for real.”

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CEO

Alan Jaffa

Alan Jaffa is the Chief Executive Officer for Safeguard Properties, steering the company as the mortgage field services industry leader. He also serves on the board of advisors for SCG Partners, a middle-market private equity fund focused on diversifying and expanding Safeguard Properties’ business model into complimentary markets.

Alan joined Safeguard in 1995, learning the business from the ground up. He was promoted to Chief Operating Officer in 2002, and was named CEO in May 2010. His hands-on experience has given him unique insights as a leader to innovate, improve and strengthen Safeguard’s processes to assure that the company adheres to the highest standards of quality and customer service.

Under Alan’s leadership, Safeguard has grown significantly with strategies that have included new and expanded services, technology investments that deliver higher quality and greater efficiency to clients, and strategic acquisitions. He takes a team approach to process improvement, involving staff at all levels of the organization to address issues, brainstorm solutions, and identify new and better ways to serve clients.

In 2008, Alan was recognized by Crain’s Cleveland Business in its annual “40-Under-40” profile of young leaders. He also was named a NEO Ernst & Young Entrepreneur Of The Year® Award finalist in 2013.

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Esq., General Counsel and EVP

Linda Erkkila

Linda Erkkila is the General Counsel and Executive Vice President for Safeguard Properties, with oversight of legal, human resources, training, and compliance. Linda’s broad scope of oversight covers regulatory issues that impact Safeguard’s operations, risk mitigation, strategic planning, human resources and training initiatives, compliance, insurance, litigation and claims management, and counsel related to mergers, acquisition and joint ventures.

Linda assures that Safeguard’s strategic initiatives align with its resources, leverage opportunities across the company, and contemplate compliance mandates. She has practiced law for 25 years and her experience, both as outside and in-house counsel, covers a wide range of corporate matters, including regulatory disclosure, corporate governance compliance, risk assessment, compensation and benefits, litigation management, and mergers and acquisitions.

Linda earned her JD at Cleveland-Marshall College of Law. She holds a degree in economics from Miami University and an MBA. Linda was previously named as both a “Woman of Influence” by HousingWire and as a “Leading Lady” by MReport.

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COO

Michael Greenbaum

Michael Greenbaum is the Chief Operating Officer of Safeguard Properties, where he has played a pivotal role since joining the company in July 2010. Initially brought on as Vice President of REO, Mike’s exceptional leadership and strategic vision quickly propelled him to Vice President of Operations in 2013, and ultimately to COO in 2015. Over his 14-year tenure at Safeguard, Mike has been instrumental in driving change and fostering innovation within the Property Preservation sector, consistently delivering excellence and becoming a trusted partner to clients and investors.

A distinguished graduate of the United States Military Academy at West Point, Mike earned a degree in Quantitative Economics. Following his graduation, he served in the U.S. Army’s Ordnance Branch, where he specialized in supply chain management. Before his tenure at Safeguard, Mike honed his expertise by managing global supply chains for 13 years, leveraging his military and civilian experience to lead with precision and efficacy.

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CFO

Joe Iafigliola

Joe Iafigliola is the Chief Financial Officer for Safeguard Properties. Joe is responsible for the Control, Quality Assurance, Business Development, Marketing, Accounting, and Information Security departments. At the core of his responsibilities is the drive to ensure that Safeguard’s focus remains rooted in Customer Service = Resolution. Through his executive leadership role, he actively supports SGPNOW.com, an on-demand service geared towards real estate and property management professionals as well as individual home owners in need of inspection and property preservation services. Joe is also an integral force behind Compliance Connections, a branch of Safeguard Properties that allows code enforcement professionals to report violations at properties that can then be addressed by the Safeguard vendor network. Compliance Connections also researches and shares vacant property ordinance information with Safeguard clients.

Joe has an MBA from The Weatherhead School of Management at Case Western Reserve University, is a Certified Management Accountant (CMA), and holds a bachelor’s degree from The Ohio State University’s Honors Accounting program.

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Business Development

Carrie Tackett

Business Development Safeguard Properties