Township Introduces Five-Year Tax Abatement for K. Hovnanian

The Township of Pemberton introduced Ordinance 14-2026 to authorize a five-year tax abatement and financial agreement with K. Hovnanian at Rancocas Creek, LLC, as part of its obligations under the redevelopment and affordable housing plans. The agreement is pending a public hearing set for May 6, 2026.

Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

Five years (tax abatement)

Renewal date

2031-05-06

Renewal

Tax abatement applies to original homeowner for five years, does not transfer if property is sold; abatement ceases upon sale.

Document type

Minutes

Source document

Township of Pemberton Minutes Special Meeting 2026-04-27

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Township of Pemberton?

K. Hovnanian at Rancocas Creek Llc was awarded this government contract by Township of Pemberton, as recorded on April 27, 2026.

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 Township of Pemberton Minutes Special Meeting 2026-04-27 (Minutes), dated April 27, 2026 from Township of Pemberton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does K. Hovnanian at Rancocas Creek Llc hold?

K. Hovnanian at Rancocas Creek Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View K. Hovnanian at Rancocas Creek Llc's profile

What is Township of Pemberton currently buying?

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

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