Affordable Housing Agreement Approved for 12 Peapack Road
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Description
The Borough Council approved a $300,000 affordable housing agreement with William Hotz Development Group, Inc. for the redevelopment and purchase of property at 12 Peapack Road to provide affordable units. The contract supports the municipality's fair share housing plan.
Contract Details
Contract Amount
$300,000.00
Vendor
WILLIAM HOTZ DEVELOPMENT GROUP INC
Agency
Borough of Far Hills, NJ
Contract Type
OTHER
Document Date
December 8, 2025
Renewal Date
2026-01-01
Renewal Info
Agreement to be finalized by January 1, 2026. No renewal or extension details provided.
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