Title
Dept/ Agency: Economic & Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Affordable Housing Agreement to provide HOME Funds
Purpose: Project known as Apartments @ Harmony Square Phase III
Entity Name: LUA Homes, LLP
Entity Address: 103 Magazine Street, Newark, NJ 07105
Grant Amount: $350,000.00
Funding Source: City of Newark Budget / Economic & Housing Development
Contract Period: 30 year deferred loan
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) Non-Fair & Open ( ) RFP ( ) RFQ ( ) Private Sale
( ) Grant ( ) Sub-recipient ( ) n/a
List of Property:
98-102 Broad Street/ Block 565/ Lots 28, 30 and 55/ North Ward
Additional Information: N/A