Affirmative Marketing Plan to be Managed by Administrative Agent
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Description
The Borough of Glen Ridge approved use of an Administrative Agent, under contract, to implement and oversee the Affirmative Marketing Plan for affordable housing units in compliance with state regulations. The contract spans the entire period the housing units are under affordability restriction.
Contract Details
Vendor
ADMINISTRATIVE AGENT
Agency
Borough of Glen Ridge, NJ
Contract Type
PROFESSIONAL_SERVICES
Document Date
March 9, 2026
Contract Term
For the duration of affordability restrictions for each covered housing unit
Renewal Info
Affirmative Marketing Plan requires the Administrative Agent's ongoing oversight for the life of affordability restrictions; specific renewal provisions or amendment procedures are not provided in the resolution.
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