Bernardsville Offers Homeowner Payments for Affordability Extensions
- Disclosed value
- $20,000 per agreeing homeowner
- From agreement
- Document date
- Jan 28, 2025
The 30-second brief
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.
Pine Ridge Condos/rolling Ridge holds this financial services contract with Borough of Bernardsville.
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
- Agency
- Borough of Bernardsville
- Source document
- Borough of Bernardsville Affordable Housing Dispute Resolution Agreement 2025 (Agreement)
More Borough of Bernardsville contracts
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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What is Borough of Bernardsville currently buying?
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