Both STAR and ABC have boards of trustees, and both receive staff support from Agency employees. Pursuant to the HMFA's statute, the Executive Director of the Agency is automatically the president of each subsidiary. Like the Agency's board meetings, all meetings of the STAR Corporation and ABC Corporation are subject to the New Jersey Open Public Meetings Act. Actions approved by the ABC Corporation Board of Trustees are subject to review and approval of the Governor.
The board of trustees consists of the commissioner of the New Jersey Department of Community Affairs, the Agency's Executive Director (who is also the President of ABC), the mayor of the City of Camden, the executive director of the Camden Redevelopment Authority, two agency employees appointed by the Executive Director of the Agency (currently, Chief Financial Officer David Bonomo and Chief of Programs Claudia Lovas), and one member of the public. Actions approved by the ABC Board of Trustees are subject to review and approval of the HMFA's Board of Directors prior to submission to the Governor's office.
ABC Corporation Meeting Minutes are available for download in our Media Room.