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Cranbury Development Agreement Covers Affordable Housing

Township of Cranbury
Document date
Aug 10, 2026

The 30-second brief

What it covers

Cranbury Township previously authorized a Development Agreement with Walters-Cornerstone Development, LLC for affordable housing projects. The ongoing agreement includes development of a 60-unit, 100% affordable senior rental community at 1274 South River Road.

Who holds it

Walters-cornerstone Development LLC holds this construction contract with Township of Cranbury. Its other public contracts on record include work for Borough of Collingswood and New Jersey Housing and Mortgage Finance Agency.

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Contract details

Contract type
Construction
Document date
August 10, 2026
Vendor
Walters-cornerstone Development LLC
Agency
Township of Cranbury
Source document
Township of Cranbury Minutes Regular Meeting August 10, 2026 (Minutes)

Walters-cornerstone Development LLC's other public contracts

Borough of Collingswood, New JerseyCollingswood Names Walters Group Conditional Redeveloper · Oct 5, 2026UndisclosedTownship of Cranbury, New JerseyTownship Land Conveyance For Senior Housing Project · Aug 19, 2026UndisclosedTownship of Cranbury, New JerseyCranbury Approves $10,000 Affordable Housing Loan · Aug 10, 2026New Jersey Housing and Mortgage Finance Agency, New JerseyHamilton Senior Apartments Nine Percent Commitment · Jul 23, 2026UndisclosedTownship of Cranbury, New JerseyWalters-Cornerstone Named Redeveloper for South River Road · Apr 27, 2026All Walters-cornerstone Development LLC contractsVendor profile

More Township of Cranbury contracts

PSE&GCranbury Discusses PSE&G Boiler Replacement Grant · Sep 21, 2026UndisclosedPSE&GCranbury Commission to Discuss PSE&G Engineering Program · Sep 16, 2026UndisclosedWalters-cornerstone Development LLCTownship Land Conveyance For Senior Housing Project · Aug 19, 2026UndisclosedWalters-cornerstone Development LLCCranbury Approves $10,000 Affordable Housing Loan · Aug 10, 2026Discover Construction LLCCranbury Approves Additional Construction Work for Discover · Aug 10, 2026All Township of Cranbury activityAgency profile

Questions about this contract

Who was awarded the construction contract by Township of Cranbury?

Walters-cornerstone Development LLC was awarded this construction contract by Township of Cranbury, as recorded on August 10, 2026.

What type of contract is this?

This is a Construction contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Township of Cranbury Minutes Regular Meeting August 10, 2026 (Minutes), dated August 10, 2026 from Township of Cranbury. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Walters-cornerstone Development LLC hold?

Walters-cornerstone 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.

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What is Township of Cranbury currently buying?

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

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