Title
Dept./ Agency: Economic and Housing Development
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Resolution of Support
Purpose: To provide Municipal Council support for the submission of an application by Developer for funding from the New Jersey Department of Community Affairs, New Jersey Affordable Housing Trust Funds
Entity Name: A-7 West End Development Associates, LLC
Entity Address: 211 Warren Street, Newark, New Jersey 07103
Grant Amount: $0.00
Total Project Cost: $3,366,890.00
City Contribution: $0.00
Other Funding Source/Amount:
Grant Period:
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
87 West End Avenue/Block 4052/Lot 43/West Ward
53 Pine Grove Terrace/Block 4053/Lot 26/West Ward
55-57 Pine Grove Terrace/Block 4053/Lot 28/West Ward
59 Pine Grove Terrace/Block 4053/Lot 29/West Ward
61-63 Pine Grove Terrace/Block 4053/Lot 30/West Ward
67-69 Pine Grove Terrace/Block 4053/Lot 33/West Ward
Additional Information:
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WHEREAS, A-7 West End Development Associates, LLC, 211 Warren Street, Newark, New Jersey 07103 ("Entity"), proposes to construct of six (6) high quality, affordable, owner occupied single-family homes targeting low- and moderate-income households located at 87 West End Avenue, 53 Pine Grove Terrace, 55-57 Pine Grove Terrace, 59 Pine Grove Terrace, 61-63 Pine Grove Terrace, and 67-69 Pine Grove Terrace (Block 4052, Lot 43; Block 4053, Lot 26; Block 4053,Lot 28; Block 4053,Lot 29; Block 4053,Lot 30; Block 4053,Lot 33 ("Project"); and
WHEREAS, in connection with the financing for the Project, the Entity is applying to the New Jersey Department of Community Affairs, Affordable Housing Trust Fund ("New Jersey Department of Community Affairs") to obtain fu...
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