Title
Dept/ Agency: Administration/Office of Management and Budget
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Budget Insertion
Purpose: Application and acceptance of funding from the U.S. Department of Housing and Urban Development (HUD) for the City of Newark's 2025 One-Year Action Plan (Program Year 2025-2026) and Five-Year Consolidated Plan (2025-2029)
Funding Source: United States Department of Housing and Urban Development (HUD) Programs
Appropriation Amount: $5,761,548.00
Budget Year: 2025
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( X ) Grant ( ) Sub-recipient ( ) n/a
Additional Information:
Funds accepted by Apply and Accept Resolution Legistar ID 25-1318 under separate cover.
Operating Agency: Department of Health and Community Wellness
Two-Thirds vote of full membership required.
body
BI # 5
WHEREAS, N.J.S.A. 40A:4-87 provides that the Director of the Division Local Government Services may approve the insertion of any Special Item of Revenue in the budget of any local unit when such item shall have been made available by law and the amount thereof shall not have been determined at the time of the adoption of the budget, and may approve the insertion of an appropriation item of equal amount for the purpose of carrying out the purposes of the law making such item of revenue available for expenditure; and
WHEREAS, the United States Department of Housing and Urban Development's (HUD) has made available funds in the amount of $5,761,548.00, to provide decent and affordable housing for low- and moderate-income residents, including those with special needs; and
WHEREAS, by letter of intent to fund dated September 23, 2025 from the United States Department of Housing and Urban Development's (HUD), the City was aw...
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