File #: 10-0172    Version: Name:
Type: Resolution Status: Adopted
File created: 2/1/2010 In control: Economic and Housing Development
On agenda: 2/9/2010 Final action: 2/17/2010
Title: Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Support grant application Purpose: Funding to finance the rehabilitation of 168 units of affordable rental housing Entity Name: Shalom Towers Realty, LLC Entity Address: 691 Elizabeth Avenue #2, Newark, NJ 07112 Grant Amount: Maximum allowable Funding Source: New Jersey Housing and Mortgage Finance Agency City Contribution: N/A Other Funding Source/Amount: N/A Contract Period: To be determined for a period not to exceed 12 months Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale (X) Grant ( ) Sub-recipient ( ) n/a List of Property: 75 Clinton Avenue/Block 123/Lot 44/Central Ward Additional Information: N/A Deferred 7R3-b (s) 020910
Related files: 10-0192
Title
Dept/ Agency:  Economic & Housing Development
Action:  (   ) Ratifying     (X) Authorizing     (  ) Amending
Type of Service:  Support grant application
Purpose: Funding to finance the rehabilitation of 168 units of affordable rental housing  
Entity Name:  Shalom Towers Realty, LLC
Entity Address:  691 Elizabeth Avenue #2, Newark, NJ  07112
Grant Amount: Maximum allowable
Funding Source: New Jersey Housing and Mortgage Finance Agency
City Contribution: N/A
Other Funding Source/Amount: N/A
Contract Period:  To be determined for a period not to exceed 12 months
Contract Basis: (   ) Bid   (   ) State Vendor   (   ) Prof.  Ser.   (   ) EUS   
(   ) Fair & Open   (   ) No Reportable Contributions   (   ) RFP   (   ) RFQ
(   ) Private Sale   (X) Grant   (   ) Sub-recipient   (   ) n/a    
List of Property:
75 Clinton Avenue/Block 123/Lot 44/Central Ward
Additional Information:  N/A
Deferred 7R3-b (s) 020910