City of Summit Agenda Packet 2026-06-03
Municipal Land Transferred to Nonprofit for Group Home
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Description
The City of Summit has approved the transfer of a newly subdivided municipal property at 701 Springfield Avenue to Our House, Inc. for $1, with a deed restriction for use as a group home supporting individuals with disabilities. The agreement includes reversion rights to the city if affordable housing requirements are not met.
Contract Details
Contract Amount
$1.00 (nominal consideration); filing fees unknown
Vendor
OUR HOUSE INC
Agency
City of Summit, NJ
Contract Type
OTHER
Document Date
June 3, 2026
Contract Term
Permanent deed transfer with reverter clause for affordable housing use. Deed restriction until affordable housing requirement is met.
Renewal Info
Permanent deed transfer; property reverts to city if not fulfilling group home/affordable housing function prior to recording of a qualifying deed restriction.
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