old-bridge-housing-authority-meeting-minutes-2025-04-15_1b5.pdf
Penrose Properties free property for affordable housing
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Description
Penrose Properties Receives Free Property for Affordable Housing Development. They will build 100 affordable units on the property which has a 60 year ground lease.
Contract Details
Contract Amount
NA
Vendor
PENROSE PROPERTIES
Agency
Old Bridge Housing Authority, NJ
Contract Type
Lease
Document Date
April 15, 2025
Contract Term
60 year
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