Title
Dept/ Agency: Economic & Housing Development
Action: ( ) Ratifying (X) Authorizing (X) Amending
Type of Service: First Amendment to Affordable Housing Agreement
authorized by Resolution # 7R3-b 031908
Purpose: Amend resolution to add one (1) additional unit of rental housing for an aggregate total of twenty-four (24) affordable housing units, extend the project completion date to June 30, 2013, update the project description, amend the Index, add a heading name to the “Right To Terminate” provision and revise the insurance hold harmless provisions to the City’s current requirements.
Entity Name: Episcopal Community Development, Inc.
Entity Address: 31 Mulberry Street, Newark, NJ 07102
Grant Amount: $525,000.00
Funding Source: Housing & Urban Development (HUD), HOME Funding
Contract Period: September 15, 2008 through March 15, 2010; extended to June 30, 2013.
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a
List of Property:
(Address/Block/Lot/Ward)
503 Avon Avenue/2639/28/South
509 Avon Avenue/2640/29/South
511 Avon Avenue/2640/30/South
723 Springfield Avenue/2640/37/South
725 Springfield Avenue/2640/36/South
Additional Information:
Project Name: Avon Kinship Housing I and Springfield Kinship Housing II