Township of Millburn Awards Facilities Contract to Rpm Development Llc (July 2026)

Millburn Township approved a Global Settlement Agreement with RPM Development, LLC to develop a 93-unit mixed-income, mixed-use project downtown, replacing the prior 9 Main Street DPW affordable housing plan. The agreement governs land conveyance, litigation resolution, and implementation of the Township’s Third and Fourth Round affordable housing obligations.

Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Contract term

Not less than 30 years deed restriction on affordable units; potentially 40 years if required for tax credits

Renewal

Affordable units to be deed-restricted for at least 30 years under UHAC, extended to 40 years if required by tax credit or grant funding programs; settlement also governs long-term obligations and court jurisdiction for enforcement.

Document type

Agenda

Source document

Millburn Township Committee Special Meeting Agenda 2026-07-29

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Township of Franklin Sewerage Authority AgendaPacket Board Meeting 2026-08-04

APPROVED

Franklin Township SA, New JerseyAug 4, 2026

Millburn Township Committee Special Meeting Agenda 2026-07-29

APPROVED

Township of Millburn, New JerseyOne Dollar ($1.00) for land conveyance; Gap Subsidy estimated at $21,850,000; Closing Payment of $1,750,000; reimbursement of out-of-pocket costs estimated at $525,000Jul 29, 2026

Millburn Township Committee Special Meeting Agenda 2026-07-29

APPROVED

Township of Millburn, New JerseyGap Subsidy estimated at $21,850,000; Township to borrow final gap amount not to exceed bond appropriation; additional Closing Payment of $1,750,000 and 9 Main reimbursable costs estimated at $525,000Jul 29, 2026

Borough of Madison Mayor and Council Regular Meeting Agenda 2026-07-27

APPROVED

Madison-Chatham Joint Meeting, New JerseyJul 27, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Township of Millburn?

Rpm Development Llc was awarded this facilities contract by Township of Millburn, as recorded on July 29, 2026.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Millburn Township Committee Special Meeting Agenda 2026-07-29 (Agenda), dated July 29, 2026 from Township of Millburn. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Rpm Development Llc hold?

Rpm Development Llc 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 Rpm Development Llc's profile

What is Township of Millburn currently buying?

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

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Township of Millburn Awards Facilities Contract to Rpm Development Llc (July 2026)

Scope & details

Related contracts

Frequently asked questions

Who was awarded the facilities contract by Township of Millburn?

What type of contract is this?

Where was this contract approved?

What other contracts does Rpm Development Llc hold?

What is Township of Millburn currently buying?

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