CONTRACTPENDING

Bernardsville Offers Homeowner Payments for Affordability Extensions

Borough of Bernardsville logoBorough of Bernardsville
Disclosed value
$20,000 per agreeing homeowner
From agreement
Document date
Jan 28, 2025

The 30-second brief

What it covers

The Borough of Bernardsville will offer homeowners at Pine Ridge and Rolling Ridge $20,000 to extend their expiring affordability controls, aiming to secure 29 or more affordable units for the Fourth Round compliance. Agreements are dependent on funding and homeowner consent.

Who holds it

Pine Ridge Condos/rolling Ridge holds this financial services contract with Borough of Bernardsville.

What happens next

Term as filed: Extension of 30-year expiring affordability controls.

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Contract details

Contract type
Financial Services
Amount
$20,000 per agreeing homeowner
Document date
January 28, 2025
Term
Extension of 30-year expiring affordability controls
Vendor
Pine Ridge Condos/rolling Ridge
Source document
Borough of Bernardsville Affordable Housing Dispute Resolution Agreement 2025 (Agreement)

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Questions about this contract

Who was awarded the financial services contract by Borough of Bernardsville?

Pine Ridge Condos/rolling Ridge was awarded this financial services contract by Borough of Bernardsville, as recorded on January 28, 2025. The contract value is $20,000 per agreeing homeowner.

How much is the Pine Ridge Condos/rolling Ridge contract with Borough of Bernardsville worth?

The Pine Ridge Condos/rolling Ridge contract with Borough of Bernardsville is valued at $20,000 per agreeing homeowner, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agreement record.

Where was this contract approved?

This contract appears in Borough of Bernardsville Affordable Housing Dispute Resolution Agreement 2025 (Agreement), dated January 28, 2025 from Borough of Bernardsville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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