CONTRACTAPPROVED

New Jersey Housing and Mortgage Finance Agency Awards Financial Services Contract to Ramas Contractors LLC (May 2026)

New Jersey Housing and Mortgage Finance Agency logoNew Jersey Housing and Mortgage Finance Agency
Disclosed value
Not to exceed $12,499,000 (estimated)
From minutes
Approved
May 4, 2026

The 30-second brief

What it covers

The Agency authorized a Declaration of Intent to issue up to an estimated $12.499 million in tax-exempt bonds for permanent-only financing of Ramas Contractors LLC’s Crown Village Phase I Family project in Newark. The declaration allows reimbursement of eligible pre-bond development costs with bond proceeds.

Who holds it

Ramas Contractors LLC holds this financial services contract with New Jersey Housing and Mortgage Finance Agency.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $12,499,000 (estimated)
Document date
May 4, 2026
Source document
New Jersey Housing and Mortgage Finance Agency Minutes 535th Board Meeting 2026-05-04 (Minutes)

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Questions about this contract

Who was awarded the financial services contract by New Jersey Housing and Mortgage Finance Agency?

Ramas Contractors LLC was awarded this financial services contract by New Jersey Housing and Mortgage Finance Agency, as recorded on May 4, 2026. The contract value is Not to exceed $12,499,000 (estimated).

How much is the Ramas Contractors LLC contract with New Jersey Housing and Mortgage Finance Agency worth?

The Ramas Contractors LLC contract with New Jersey Housing and Mortgage Finance Agency is valued at Not to exceed $12,499,000 (estimated), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in New Jersey Housing and Mortgage Finance Agency Minutes 535th Board Meeting 2026-05-04 (Minutes), dated May 4, 2026 from New Jersey Housing and Mortgage Finance Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ramas Contractors LLC hold?

Ramas Contractors 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.

What is New Jersey Housing and Mortgage Finance Agency currently buying?

Explore New Jersey Housing and Mortgage Finance Agency's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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