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6818fc 2ced514e89dc4ce287e3fed0906fd129

BID #: N/A
DUE: 6/30/2025
VALUE: TBD
100
Rating

Risk Rank

Green Risk

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Executive Summary

The Borough of Northvale is developing its Fourth Round Housing Element and Fair Share Plan to comply with New Jersey's Fair Housing Act, covering the period from July 1, 2025, to July 1, 2035. This plan addresses the municipality's obligations to provide affordable housing, including present need (rehabilitation), prior round, third round, and fourth round prospective needs. The plan includes an inventory of housing, demographic and employment analyses, and considers land suitable for housing development, rezoning, and redevelopment strategies. The Borough of Northvale has received a court order fixing its obligations. The court documents specify a Present Need of 8 affordable units and a Prospective Need of 105 affordable units for the Fourth Round housing cycle. The municipality must complete a series of steps, including adopting and filing the Fourth Round Housing Element and Fair Share Plan by June 30, 2025, to maintain immunity from exclusionary zoning lawsuits.

Detailed Risk Breakdown

local preference

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performance bond

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liquidated damages

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Timeline

First Discovered

Apr 2, 2026

Last Info Update

Apr 2, 2026

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6818fc 2ced514e89dc4ce287e3fed0906fd129 — Northvale | MuniBidder