File #: 08-550    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 12/8/2008 In control: Economic and Housing Development
On agenda: 12/17/2008 Final action: 12/17/2008
Title: Dept/ Agency: Department of Economic & Housing Development RATIFYING / AUTHORIZING Type of Service: Execute and Enter into Funding Agreement Purpose: Support Foreclosure Crisis Counseling Services and Foreclosure-Related Outreach & Education Services for Newark residents at risk of or in process of residential mortgage foreclosure. Entity Name(s)/Address: 1. Acorn Institute, Inc. 45 Bloomfield Avenue, Newark, NJ 07104 Amount Receiving: $70,000.00 2. Brand New Day, Inc. 176 First Street, Elizabeth, NJ 07206 Amount Receiving: $ $120,000.00 3. Episcopal Community Development, Inc. 31 Mulberry Street, Newark, NJ 07102 Amount Receiving: $120,000.00 4. La Casa De Don Pedro 75 Park Avenue, Newark, NJ 07104 Amount Receiving: $100,000.00 5. New Jeresy Citizens Action Education Fund, Inc. 744 Broad Street, Suite 2080, Newark, NJ 07102 Amount Receiving $120,000.00 6. Tri-City Peoples Corporation 675 South 19th Street, Newark & 55 Washington Street, ...

Title

Dept/ Agency:  Department of Economic & Housing Development

RATIFYING / AUTHORIZING

Type of Service:  Execute and Enter into Funding Agreement

Purpose: Support Foreclosure Crisis Counseling Services and Foreclosure-Related Outreach & Education Services for Newark residents at risk of or in process of residential mortgage foreclosure.

 

Entity Name(s)/Address: 

 

1.                      Acorn Institute, Inc.

                     45 Bloomfield Avenue, Newark, NJ 07104

                     Amount Receiving: $70,000.00

 

2.                      Brand New Day, Inc.

                     176 First Street, Elizabeth, NJ 07206

                     Amount Receiving: $ $120,000.00

 

3.                      Episcopal Community Development, Inc.

                     31 Mulberry Street, Newark, NJ 07102

                     Amount Receiving: $120,000.00

 

4.                      La Casa De Don Pedro

                     75 Park Avenue, Newark, NJ 07104

                     Amount Receiving: $100,000.00

 

5.                      New Jeresy Citizens Action Education Fund, Inc.

                     744 Broad Street, Suite 2080, Newark, NJ 07102

                     Amount Receiving $120,000.00

 

6.                      Tri-City Peoples Corporation

                     675 South 19th Street, Newark & 55 Washington Street,

            East Orange, NJ 07107

                     Amount Receiving: $70,000.00

 

Contract Period:  June 18, 2008 through Date of adoption

 

Contract Basis: Bid__  Prof.  Ser. __  EUS__   

Fair & Open X   Non-Fair & Open__   RFP__   RFQ __      NOFA X    

10 proposals received

Additional Comments:  Notification of Funding Availability (NOFA)