Woolwich Township Committee Meeting Agenda May 4, 2026
Township Amends PILOT Agreement With PG Woolwich Urban Renewal
Trusted by teams at
Description
Woolwich Township adopted Ordinance 2026-13 amending its financial agreement with PG Woolwich Urban Renewal, LLC for an affordable housing PILOT. The amendment fixes the annual service charge at 6.28% of project gross revenue and removes the prior 2% administrative fee to meet NJHMFA financing requirements.
Contract Details
Vendor
PG WOOLWICH URBAN RENEWAL LLC
Agency
Township of Woolwich, NJ
Contract Type
FINANCIAL_SERVICES
Document Date
May 4, 2026
Contract Term
Long term tax exemption PILOT; annual service charge based on project gross revenue
Renewal Info
Amendment eliminates separate 2% administrative fee and clarifies that all payments in lieu of taxes, including fees, cannot exceed 6.28% of annual gross revenue; all other terms of the original 2025-13 agreement remain in force.
More from PG WOOLWICH URBAN RENEWAL LLC
Related Contracts
Woolwich Township Committee AgendaPacket 2026-05-18
AMENDEDWoolwich Township Committee AgendaPacket 2026-05-18
AMENDEDGloucester County Land Development Review Committee Report May 2026
REJECTEDMore from Township of Woolwich
Woolwich Township Committee AgendaPacket Meeting Agenda and Resolutions 2026-06-01
Woolwich Township Committee AgendaPacket Meeting Agenda and Resolutions 2026-06-01
Woolwich Township Committee AgendaPacket Meeting Agenda and Resolutions 2026-06-01
Woolwich Township Committee AgendaPacket Meeting Agenda and Resolutions 2026-06-01
Woolwich Township Committee AgendaPacket Meeting Agenda and Resolutions 2026-06-01
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.