Title
Dept/ Agency: Economic & Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Support grant application
Purpose: Financing of 71 rental units of affordable housing
Entity Name: Montgomery II Housing, LLC
Entity Address: 645-715 M.L. King Blvd., Newark, NJ
Grant Amount: Max Allowable
Funding Source: New Jersey Housing and Mortgage Finance Agency
Total Project Cost: $16,648,335.00
City Contribution: N/A
Other Funding Source/Amount: N/A
Contract Period: N/A
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) Non-Fair & Open ( ) RFP ( ) RFQ ( ) Private Sale
(X) Grant ( ) Sub-recipient ( ) n/a
List of Property:
645-715 M.L. King Blvd/ Block 2559/Lot 7 and 47
Additional Information: N/A