PROFESSIONAL_SERVICESAWARDED

Borough of Haddon Heights Council Meeting Agenda Packet 2026-05-05

CGP&H LLC Professional Services Agreement Detailed

First year: flat fee $2,500 setup; municipal services not-to-exceed $15,000 at $170/hour; applicant services $100/month ($1,200/year); resale fee $2,000 per sale unit plus 3% of resale price paid by seller; subordination requests $175 per request; direct costs not-to-exceed $400 per contract year; total paid by municipality not-to-exceed $16,600 excluding sale unitsBorough of Haddon HeightsCGP&H LLCMay 5, 2026

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Description

Under Exhibit A to Resolution 2026:118, Haddon Heights will enter into a professional services agreement with CGP&H, LLC to provide affordable housing administrative agent services. The first-year fee structure caps municipal payments at $16,600 plus transaction-based resale and subordination processing fees.

Contract Details

Contract Amount

Vendor

CGP&H LLC

Agency

Borough of Haddon Heights, NJ

Contract Type

PROFESSIONAL_SERVICES

Document Date

May 5, 2026

Contract Term

First year of agreement (contract year)

Renewal Info

Agreement structured on a contract-year basis with defined first-year fee caps; continuation or renewal beyond the first year would require new authorization or amendment.