https://newark.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2891979&GUID=677DD0C3-4187-4366-978F-23DAD4564B37Legistar15https://newark.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2891979&GUID=677DD0C3-4187-4366-978F-23DAD4564B37677DD0C3-4187-4366-978F-23DAD4564B37-2023-02-22-14-15-25Title: Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Support grant application Purpose: To support NJDCA Balance Housing Application for funding a project rehabilitating an existing multi-family complex consisting of two (2) 18 -story high-rise buildings and twenty-four (24) 2- and 3-story townhouse-style buildings totaling 422 residential units. Entity Name: GKV Preservation Partnership, L.P. Entity Address: 1865 Palmer Avenue, Suite 203, Larchmont, New York 10538-1053 Grant Amount: $2,000,000.00 Funding Source: New Jersey Department of Community Affairs Neighborhood Preservation Balance Housing Program Total Project Cost: $67,069,008.00 City Contribution: $0.00 Other Funding Source/Amount: HMFA and private Lender/$65,069,008.00 Contract Period: N/A Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a List of Wed, 22 Feb 2023 14:15:25 GMT