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RiverdaleGreen Risk
Closed
General

Borough’s Fair Share Affordable Housing Obligation

BID #: 49-2025
ISSUED: 1/22/2025
DUE: TBD
VALUE: TBD
100
Rating

Risk Rank

Green Risk

AI-Powered Lead Insights

Executive Summary

This resolution from the Borough of Riverdale adopts the Borough's Fair Share Affordable Housing Obligation for the Fourth Round, as mandated by New Jersey Supreme Court rulings and recent legislation (P.L.2024, c.2). The resolution acknowledges the Department of Community Affairs (DCA) report, which sets the municipal obligation for Riverdale Borough at a Present Need of 44 and a Prospective Need of 110. The Municipal Clerk and Municipal Attorney are authorized to file a declaratory judgment action and publish the resolution on the Borough's website.

Detailed Risk Breakdown

local preference

No Flags Found

performance bond

No Flags Found

liquidated damages

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Quick Actions

Contacts

A.J. Jallon

Borough Clerk

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Timeline

First Discovered

Apr 5, 2026

Last Info Update

Apr 5, 2026

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Borough’s Fair Share Affordable Housing Obligation — Riverdale | MuniBidder