Tag: PILOT

  • Hopewell Township receives revenue boost from construction, real estate company Lennar

    Hopewell Township receives revenue boost from construction, real estate company Lennar

    Hopewell Township has secured $2.3 million in incremental one-time payment revenues required from Lennar, a home construction and real estate company, which is building two new inclusionary neighborhoods as a part of the township’s 2017 bipartisan affordable housing settlement. Township officials said, “these payments are separate from the revenue that is anticipated under the PILOT…