OTHERPENDING

Bond funding to extend MEND affordability controls

Moorestown introduced Bond Ordinance 19-2026 to finance $1,350,000 for extending affordability controls on 23 residential units owned and managed by MEND, including $1,282,500 in bonds or notes and a $67,500 trust fund down payment, for a 40‑year term. Payment to MEND will be made according to a prior agreement once the financing is in place.

Status
PENDING
Document date
July 27, 2026
Contract type
OTHER
Vendor
MEND
Agency
Township of Moorestown · NJ

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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

Scope & details

The full contract record, as filed.

Contract amount
$1,350,000 (bond ordinance; $67,500 down payment, $1,282,500 bonds/notes)
Contract type
OTHER
Contract term
40 years of extended affordability controls
Renewal
Ordinance extends affordability controls for an additional 40 years on 23 units; future renewals beyond this period are not specified.
Document type
AgendaPacket
Source document
Moorestown Township Council Agenda Packet 2026-07-27

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Township of Moorestown?

MEND was awarded this government contract by Township of Moorestown, as recorded on July 27, 2026. The contract value is $1,350,000 (bond ordinance; $67,500 down payment, $1,282,500 bonds/notes).

How much is the MEND contract with Township of Moorestown worth?

The MEND contract with Township of Moorestown is valued at $1,350,000 (bond ordinance; $67,500 down payment, $1,282,500 bonds/notes).

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Moorestown Township Council Agenda Packet 2026-07-27 (AgendaPacket), dated July 27, 2026 from Township of Moorestown. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does MEND hold?

MEND may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View MEND's profile

What is Township of Moorestown currently buying?

Explore Township of Moorestown's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Township of Moorestown's profile

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