File #: 10-1327    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 9/15/2010 In control: Economic and Housing Development
On agenda: 9/15/2010 Final action: 9/15/2010
Title: Added Starter 7R3-L (as) 091510 Dept/ Agency: Economic & Housing Development Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Contract with Sub-recipient Purpose: Subsidizing The Square & St. James II Projects, which consists of the acquisition, and rehabilitation, of up to 3 foreclosed units of rental housing, affordable to low Moderate Middle income households. Entity Name: Life Management, Inc. Entity Address: 77 Park Street, Montclair, NJ 07042 Grant Amount: $120,000.00 Funding Source: United States Department of Housing and Urban Development (HUD) Contract Period: July 1, 2010 through June 30, 2012 Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS (X) Fair & Open ( ) No Reportable Contributions (X) RFP ( ) RFQ ( ) Private Sale ( ) Grant (X) Sub-recipient ( ) n/a List of Property: Address/Block/Lot/Ward 109-119 Broad Street/523/1/CW 132-136 Broad Street/522/34-05/NW Additional Informat...

Title

Added Starter 7R3-L (as) 091510

Dept/ Agency:  Economic & Housing Development

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

Type of Service:  Contract with Sub-recipient

Purpose:  Subsidizing The Square & St. James II Projects, which consists of the acquisition, and rehabilitation, of up to 3 foreclosed units of rental housing, affordable to low Moderate Middle income households.

Entity Name:  Life Management, Inc.

Entity Address:  77 Park Street, Montclair, NJ 07042

Grant Amount:  $120,000.00

Funding Source:  United States Department of Housing and Urban Development (HUD)

Contract Period:  July 1, 2010 through June 30, 2012

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

(X) Fair & Open   (   ) No Reportable Contributions   (X) RFP   (   ) RFQ

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

List of Property:

Address/Block/Lot/Ward

109-119 Broad Street/523/1/CW

132-136 Broad Street/522/34-05/NW

Additional Information: 

Funds accepted by Resolution # 7R3-i (as) 070109