Affordable Housing Deal With Valley Road Realty Amended
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Description
The Township Committee approved a First Amendment to its 2020 affordable housing settlement agreement with Valley Road Realty, LLC for a 44.53‑acre site on Valley Road. The revised deal lowers the number and changes the structure of market-rate units while preserving the agreed affordable housing set‑aside.
Contract Details
Vendor
VALLEY ROAD REALTY LLC
Agency
Township of Hillsborough, NJ
Contract Type
LEGAL
Document Date
March 24, 2026
Renewal Info
First Amendment modifies the existing 2020 settlement agreement; affordable housing obligations remain in place and continue under the amended terms.
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