Township of Hopewell Cornerstone at Hopewell Affordable Housing PILOT and Financial Agreement 2026
Township of Hopewell, Hopewell Township, NJ·City
Track Township of Hopewell solicitations
Get alerted when Township of Hopewell posts a new RFP, and see the pre-RFP signals months before it publishes.
- Primary Contact
- Katherine Fenton-Newman
- Scope Location
- Titusville, NJ
SUMMARY
The Township of Hopewell has introduced an ordinance to authorize a financial agreement and tax exemption for the Cornerstone at Hopewell affordable housing project. The project involves the development of a 70-unit affordable housing complex by Hopewell Family Apartments LLC on Block 88, Lot 5.021. Key provisions include a real property tax exemption for at least 30 years and a Payment In Lieu Of Taxes (PILOT) agreement. The Sponsor will make annual service charge payments estimated at $55,375, based on 6.28% of project revenues. A public hearing for final passage is scheduled for May 18, 2026, at 6:30 p.m. at the Municipal Building in Titusville, NJ.
This was decided in a budget meeting long before the RFP was public. Civic IQ had it then. The next one doesn't have to get away.
Work in government? Get Civic IQ free →Frequently asked questions
Common questions about this solicitation, answered from the record.
How do I respond to this Bid from Township of Hopewell?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is May 18, 2026. For questions, contact Katherine Fenton-Newman.
Where can I find more RFPs from Township of Hopewell?
All active and historical solicitations from Township of Hopewell are tracked and searchable. As a city agency, Township of Hopewell regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
What documents are required to bid on this Bid?
Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. Review the full document from Township of Hopewell for the complete list.
Can small businesses or minority-owned firms bid on this Bid?
Most government agencies, including Township of Hopewell in NJ, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.
What happens after the Bid submission deadline?
After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.
Can I ask questions about this solicitation before submitting?
Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Katherine Fenton-Newman. Questions and answers are typically shared with all prospective bidders.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Titusville, NJ. Review the full solicitation for detailed scope requirements.
Bring us your territory.
We'll show you what is forming.
B2G and SLED sales intelligence. Surface government procurement signals from 100,000+ state, local, and education agencies months before the RFP.