Roizman Advancing $130M PHA Redevelopment Project
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Description
The Paterson Housing Authority received a detailed update on its previously approved development agreements with Roizman and Companies to rehabilitate 313 townhouse units at Christopher Columbus and Greater Paterson, a combined project of roughly $130 million. Work is ahead of schedule, with conversion to permanent financing through NJHMFA expected in mid to late 2026.
Contract Details
Contract Amount
Approximately $130 million total development cost (Christopher Columbus and Greater Paterson combined)
Vendor
ROIZMAN AND COMPANIES
Agency
Paterson Housing Authority, NJ
Contract Type
CONSTRUCTION
Document Date
March 16, 2026
Renewal Date
2026-09-30
Renewal Info
Long-term development and construction agreements for Christopher Columbus and Greater Paterson; no renewals discussed, but conversion to permanent financing is planned by mid to late 2026.
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