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LEGALAMENDED

Township of Hillsborough AgendaPacket Regular Meeting 2026-04-28

Valley Road Realty Housing Settlement Agreement Amended

Township of HillsboroughVALLEY ROAD REALTY LLCApril 28, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Township Committee approved a First Amendment to its 2020 affordable housing settlement with Valley Road Realty, LLC to reduce and reconfigure market-rate units on a 44.53-acre Valley Road site while maintaining the same affordable housing set-aside. The amendment refines project design under the existing agreement.

Contract Details

Vendor

VALLEY ROAD REALTY LLC

Agency

Township of Hillsborough, NJ

Contract Type

LEGAL

Document Date

April 28, 2026

Renewal Info

First Amendment modifies the March 11, 2020 settlement agreement terms but leaves underlying affordable unit obligations intact.

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