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4th Round Affordable Housing Resolution
BID #: 58-2025
ISSUED: 1/28/2025
DUE: 2/3/2025
VALUE: TBD
100
Rating
Risk Rank
Green Risk
AI-Powered Lead Insights
Executive Summary
The Township of East Hanover is addressing its Round 4 affordable housing obligations for the period of 2025-2035, as outlined in Resolution No. 58-2025. The resolution commits to a Present Need Obligation of 0 units and a Prospective Need Obligation of 271 units, a figure adjusted from the Department of Community Affairs' (DCA) initial estimate of 315 units. This adjustment stems from a detailed review of the DCA's land capacity analysis, correcting for overinclusive acreage calculations related to developable land. The resolution directs the Affordable Housing Counsel to file a declaratory judgment complaint within 48 hours of adoption and to publish the resolution on the municipal website.
Detailed Risk Breakdown
local preference
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performance bond
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liquidated damages
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Quick Actions
Contacts
Nicolette J. Calabro
Township Clerk
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Timeline
First Discovered
Apr 1, 2026
Last Info Update
May 31, 2026
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