2026 Professional Services - Affordable Housing Administrative Agent Services

2026-11-03

The Borough of Metuchen desires to appoint an affordable housing administrative agent to administer the municipal affordable housing programs and provide affordability assistance program services . The Administrative Agent shall : • Establish and enforce affordability controls and ensure that the Administrative Agent ’ s portfolio is sold to eligible households . • To secure written acknowledgment from all developers , affordable housing sponsors and owners that no restricted unit can be offered or in any other way committed to any person other that a household duly certified by the Administrative Agent . • Is responsible to create and adhere to an operating manual , implement the Borough ’ s Affirmative Marketing Plan , accept applications from interested households , conduct random selection of applicants for sale and resale of restricted units , create and maintain a pool of applicant households , determine eligibility of households , establish and maintain effective communication with owners and property managers , preserve affordability controls during the sale of restricted units , ensure cancellations of recapture mortgages are effectuated , send out annual mailings about restrictions , ensure unit has continuing certificate of occupancy at final transfer , serve as the custodian of all legal documents , serve as point of contact on all matters relating to affordability controls , provide annual activity reports to Municipal Housing Liaison for use in the annual COAH monitoring report , and maintain and distribute information on HUD approved Housing Counseling Programs . • Solicit , distribute , and process applications • Income certify applicants when required • Review and approve applications • Track disbursement of funds for required reporting • Keep records of all affordability assistance provided

New Jersey

2026-04-29