Dodge Foundation loan backs Hudson social housing plan
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Description
The Authority approved a three-year, $575,000 loan at 3.25% interest from the Geraldine R. Dodge Foundation to advance the Hudson County Social Housing Demonstration Project. Funds will support planning, environmental, legal, and related predevelopment work for affordable housing on county-owned sites.
Contract Details
Contract Amount
$575,000 loan at 3.25% interest
Vendor
GERALDINE R. DODGE FOUNDATION INCORPORATED
Agency
Hudson County IA, NJ
Contract Type
FINANCIAL_SERVICES
Document Date
April 7, 2026
Contract Term
Three years
Renewal Info
Three-year loan term; no renewal terms mentioned in the transcript.
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