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NorthvaleGreen Risk
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General

781362 3436e7f6a3214d97be6da2e6f15a2fd2

BID #: N/A
ISSUED: 1/3/2024
DUE: TBD
VALUE: TBD
100
Rating

Risk Rank

Green Risk

AI-Powered Lead Insights

Executive Summary

The New Jersey Department of Environmental Protection (NJDEP) is promoting its Blue Acres program, a voluntary, state-led flood buyout initiative designed to help homeowners with flood-prone or storm-damaged properties. The program offers to purchase homes at fair market value, potentially including supplemental assistance and incentives, to enable residents to recover financially and relocate to safer areas outside of flood zones. Upon acquisition, properties are demolished and converted into permanent open space, serving purposes such as enhanced flood storage, passive recreation, and ecological restoration.

Detailed Risk Breakdown

local preference

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performance bond

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liquidated damages

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Contacts

Brian Caycho

Blue Acres program specialist · Blue Acres

hidden@email.com
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(***) ***-****
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Blue Acres

Office Contact · Office of Climate Resilience

hidden@email.com
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(***) ***-****
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Timeline

First Discovered

Apr 28, 2026

Last Info Update

May 20, 2026

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