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AvalonBay Pays $500K to Allendale in Fair Share Settlement

Borough of Allendale logoBorough of Allendale
Disclosed value
$500,000
From minutes
Approved
Jan 15, 2026

The 30-second brief

What it covers

The Borough of Allendale ratified a settlement term sheet with AvalonBay Communities, Inc., securing a $500,000 payment to Allendale in resolution of Fair Share Housing obligations related to Saddle River developments.

Who holds it

Avalonbay Communities Inc holds this contract with Borough of Allendale. Its other public contracts on record include work for Saddle River School District and Town of North Andover.

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Contract details

Amount
$500,000
Document date
January 15, 2026
Vendor
Avalonbay Communities Inc
Agency
Borough of Allendale
Source document
Borough of Allendale Mayor and Council Meeting Minutes January 15 2026 (Minutes)

Avalonbay Communities Inc's other public contracts

Saddle River School District, New JerseyAvalonBay 275-Unit Apartment Project Under Construction · Nov 1, 2026UndisclosedTown of North Andover, MassachusettsNorth Andover Releases AvalonBay Development Bonds · Sep 8, 2026Township of Wayne, New JerseyWayne Approves 30-Year Deed Restriction With AvalonBay · Aug 19, 2026UndisclosedBorough of Allendale, New JerseyAllendale References AvalonBay Sewer Arrangement · Aug 13, 2026UndisclosedSaddle River School District, New JerseyAvalonBay 275-Unit Apartment Project Under Construction · Aug 1, 2026UndisclosedAll Avalonbay Communities Inc contractsVendor profile

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Questions about this contract

Who was awarded the government contract by Borough of Allendale?

Avalonbay Communities Inc was awarded this government contract by Borough of Allendale, as recorded on January 15, 2026. The contract value is $500,000.

How much is the Avalonbay Communities Inc contract with Borough of Allendale worth?

The Avalonbay Communities Inc contract with Borough of Allendale is valued at $500,000.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Borough of Allendale Mayor and Council Meeting Minutes January 15 2026 (Minutes), dated January 15, 2026 from Borough of Allendale. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Avalonbay Communities Inc hold?

Avalonbay Communities Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Borough of Allendale currently buying?

Explore Borough of Allendale's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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