New Jersey Housing and Mortgage Finance Agency Minutes 535th Board Meeting 2026-05-04
Declaration of intent for The Morris bond financing
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Description
The NJHMFA approved a Declaration of Intent to issue up to $22,950,000 in tax-exempt bonds to finance New Community Homes Development, LP’s The Morris project in Newark. This preserves the Agency’s ability to reimburse qualifying pre-bond expenditures from future bond proceeds.
Contract Details
Contract Amount
Not to exceed $22,950,000 (estimated bond amount)
Vendor
NEW COMMUNITY HOMES DEVELOPMENT LP
Agency
New Jersey Housing and Mortgage Finance Agency, NJ
Contract Type
FINANCIAL_SERVICES
Document Date
May 4, 2026
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APPROVEDIssuing Agency
New Jersey Housing and Mortgage Finance Agency
State Housing Authority
Trenton, NJ
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New Jersey Housing and Mortgage Finance Agency Minutes 535th Board Meeting 2026-05-04
New Jersey Housing and Mortgage Finance Agency Minutes 535th Board Meeting 2026-05-04
New Jersey Housing and Mortgage Finance Agency Minutes 535th Board Meeting 2026-05-04
New Jersey Housing and Mortgage Finance Agency Minutes 535th Board Meeting 2026-05-04
New Jersey Housing and Mortgage Finance Agency Minutes 535th Board Meeting 2026-05-04
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