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Authorizing Execution of a First Amendment to Amended Redevelopment Agreement With Jaynar Construction, Inc., for an Affordable Housing Development Project
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WHEREAS, the New Jersey Fair Housing Act at N.J.S.A. 52:27D-311a(5) permits the “Donation or use of municipally owned land or land condemned by the municipality for purposes of providing low- and moderate-income housing;” and
WHEREAS, N.J.A.C. 5:93-5.6 et seq. (or its successor regulation), permits a municipality to provide very-low, low and moderate-income housing through an inclusionary development; and
WHEREAS, the Township authorized a Redevelopment Agreement with Jaynar Construction, Inc., an experienced developer of affordable housing, on June 25, 2019 for Jaynar to develop, construct, own, administer and manage a development consisting of a long-term nursing care facility and a minimum of 156 units of senior rental housing wherein 100% of the senior rental units shall be set aside for affordable housing in satisfaction of a portion of the Township’s obligation to provide very-low, low and moderate-income housing; and
WHEREAS, the Redevelopment Agreement was reviewed by the New Jersey Superior Court as part of a Compliance Hearing held on September 23-25, 2019; and
WHEREAS, by Order of the Court dated November 27, 2019, certain revisions to the Redevelopment Agreement were required by the court; and
WHEREAS, the required revisions were made and agreed to by the parties, and the Township authorized the Amended Redevelopers’ Agreement with Jaynar Construction, Inc. on January 28, 2020 by way of Resolution 2020-91 ; and
WHEREAS, the required revisions have been made and agreed to by the parties, and it is appropriate to approve and authorize execution of the Amended Redevelopment Agreement at this time
NOW, THEREFORE, BE IT RESOLVED, on this 5th day of August, 2026, by the Township Council of the Township of South Brunswick, County of Middlesex, State of New Jersey, that:
1. The Mayor and Township Clerk shall be and are hereby authorized to execute a First Amendment to Amended Redevelopment Agreement between Jaynar Construction, Inc., and the Township of South Brunswick, for Jaynar to develop, construct, own, administer and manage a long-term nursing care facility and a minimum of 127 units of senior rental housing wherein 100% of the senior rental units shall be set aside for affordable housing in satisfaction of a portion of the Township’s obligation to provide very-low, low and moderate-income housing.
2. A copy of the agreement shall remain on file with the Township Clerk.