Title
Dept/ Agency: Administration/Office of Management and Budget
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Community Development Block Grant Program's (CDBG) Budget Appropriation
Purpose: CDBG Forty-Ninth (49th) Year (CDBG XLIX), funds to sub-grantees
Entity Name: City of Newark
Entity Address: 920 Broad Street, Newark, New Jersey 07102
Total Grant Amount: $6,851,649.00
Grant Period: September 1, 2023 through August 31, 2024
Funding Source: United States Department of Housing and Urban Development
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:
Apply and Accept for the CDGB Grant was adopted by Resolution 7R1-j on December 6, 2023.
Two-Thirds vote of full membership required.
body
WHEREAS, the United States Department of Housing and Urban Development (HUD) has approved a total allocation of $16,472,151.00 to the City of Newark by an approval notice dated September 25, 2023, the Municipal Council authorized the Mayor and/or Business Administrator to file a new Consolidated Plan with HUD, which contained a request for Community Development Block Grant (CDBG) funds in the amount $6,851,649.00, HOME Investment Partnerships (HOME) funds in the amount $3,183,450.00, Housing Opportunities for Persons with AIDS (HOPWA) in the amount of $5,828,440.00 (on behalf of Newark and the "Eligible Metropolitan Area"), and Emergency Solutions Grant (ESG) funds in the amount of $608,612.00, in compliance with Federal statutes and regulations governing the four (4) aid grant programs; and
WHEREAS, the Municipal Council authorized the Mayor and/or the Business Administrator to enter into four (4) separate agreements with HUD to receive and expend FY 2023...
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