masters_report_on_alpine_settlement_agreements.pdf
BCUW/Madeline to Build Supportive Housing in Alpine
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Description
The Borough of Alpine entered into an agreement with BCUW/Madeline Housing Partners, LLC to transfer land for 14 supportive housing bedrooms, with the schedule and funding contingent on affordable housing settlement approval and ongoing monitoring.
Contract Details
Vendor
BCUW/MADELINE HOUSING PARTNERS LLC
Agency
Borough of Alpine, NJ
Contract Type
OTHER
Document Date
January 18, 2024
Contract Term
2022 agreement; land transfer to close after final unappealable JOR; construction to begin by March 31, 2025 per FSHC agreement; construction completion 12 months after permits.
Renewal Date
2025-03-31
Renewal Info
Land transfer closing after final unappealable judgment; agreement may be amended with updated project scope and residency preference documentation within 30 days of order approval.
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