File #: 10-0265    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 2/17/2010 In control: Economic and Housing Development
On agenda: 2/17/2010 Final action: 2/17/2010
Title: Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Support grant application Purpose: Financing of 106 rental units of affordable housing Entity Name: Baxter Park South LLC c/o Newark Housing Authority Entity Address: 500 Broad Street, Newark, NJ 07102 Grant Amount: Max Allowable Funding Source: New Jersey Housing and Mortgage Finance Agency City Contribution: N/A Other Funding Source/Amount: N/A Contract Period: N/A Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) Non-Fair & Open ( ) RFP ( ) RFQ ( ) Private Sale (X) Grant ( ) Sub-recipient ( ) n/a List of Properties: 132-176 James Street/Block 2833/Lot 1/Central Ward 39-47 Sussex Avenue/Block 2833/Lot 23/Central Ward Additional Information: N/A

Title

Dept/ Agency:  Economic & Housing Development

Action:  (   ) Ratifying     (X) Authorizing     (   ) Amending

Type of Service:  Support grant application

Purpose: Financing of 106 rental units of affordable housing

Entity Name:  Baxter Park South LLC c/o Newark Housing Authority

Entity Address:  500 Broad Street, Newark, NJ  07102

Grant Amount: Max Allowable

Funding Source: New Jersey Housing and Mortgage Finance Agency

City Contribution: N/A

Other Funding Source/Amount: N/A

Contract Period:  N/A

Contract Basis: (   ) Bid   (   ) State Vendor  (   ) Prof.  Ser.  (   ) EUS  

(   ) Fair & Open (   ) Non-Fair & Open  (   ) RFP  (   ) RFQ  (   ) Private Sale

(X) Grant  (   ) Sub-recipient   (   ) n/a   

List of Properties:

132-176 James Street/Block 2833/Lot 1/Central Ward

39-47 Sussex Avenue/Block 2833/Lot 23/Central Ward

Additional Information:  N/A