FINANCIAL_SERVICESAPPROVED

New Jersey Housing and Mortgage Finance Agency Minutes 535th Board Meeting 2026-05-04

Declaration of intent for Northgate II rehab bonds

Not to exceed $16,047,000 (estimated)New Jersey Housing and Mortgage Finance AgencyFAIR SHARE HOUSING DEVELOPMENT INCMay 4, 2026

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Description

The Agency approved a Declaration of Intent to issue up to an estimated $16.047 million in tax-exempt bonds for Fair Share Housing Development Inc.’s Northgate II Low Rise Rehab project in Camden. The action preserves tax-exempt reimbursement of qualified pre-issuance rehabilitation and development costs.

Contract Details

Contract Amount

Not to exceed $16,047,000 (estimated)

Vendor

FAIR SHARE HOUSING DEVELOPMENT INC

Agency

New Jersey Housing and Mortgage Finance Agency, NJ

Contract Type

FINANCIAL_SERVICES

Document Date

May 4, 2026

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Issuing Agency

New Jersey Housing and Mortgage Finance Agency

State Housing Authority

Trenton, NJ

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Vendor