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Oldmans wins $400,000 Small Cities grant, approves affordable-housing monitoring and rental deed restrictions
Summary
Oldmans Township received a $400,000 Department of Community Affairs Small Cities grant (split $200,000 housing rehab, $200,000 lead remediation), approved a monitoring contract and authorized two deed-restriction rental units under its Market-to-Affordable program.
Oldmans Township announced on Oct. 9 that it received a $400,000 Small Cities grant from the New Jersey Department of Community Affairs and moved on several affordable-housing actions tied to monitoring and deed restrictions.
Municipal staff reported the Small Cities award totals $400,000, split between $200,000 for housing rehabilitation and $200,000 for lead-based paint remediation. The committee approved a contract (Resolution 2025-122) to hire Clark Caton & Hintz to input financial information into the NJDCA Affordable Housing Monitoring System (AHMS) for up to $3,200; the minutes record a motion by Dean Sparks, a second from William Ferrell, and that all agreed.
The committee also approved Resolution 2025-123 under the Market-to-Affordable Rental Program to place 21 and 23 Cherry Street into deed-restricted affordable rental status. The two units would be deed-restricted for 30 years and qualify for $100,000 per unit from the affordable housing trust fund; the measure passed after a motion by Sparks and a second by Ferrell, with the minutes stating that both agreed. A Certificate of Occupancy inspection is required before the funds are released.
The meeting also recorded two tax-related resolutions: Resolution 2024-124 cancelling property tax for a totally disabled veteran (Block 13.01/Lot 3.08) and Resolution 2024-125 refunding overpaid real-estate taxes for Block 42 Lots 21, 22, 25 and 34 after an assessed-value reduction. Several affordable-housing items and a contract negotiation were later discussed in executive session.
Committee members and staff said the town had submitted its Best Practices survey and qualified at 100%, which the state uses to calculate municipal aid percentages. The minutes do not record dissent on the housing items; the executive session recorded later in the evening included ongoing contract negotiations related to affordable units.
