Title
Dept./ Agency: Economic and Housing Development
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Resolution of Support
Purpose: Municipal Council support for submission of an Implementation Plan in compliance with the New Jersey Community Affairs Neighborhood Preservation Program grant funding requirement.
Entity Name: New Jersey Department of Community Affairs (DCA) - Neighborhood Preservation Program (NPP)
Entity Address: 101 South Broad Street, Trenton, New Jersey 08625
Grant Amount: $125,000.00
Total Project Cost: $887,569.00
City Contribution: $25,000.00 In-Kind Services
Other Funding Source/Amount: Prudential Foundation, Verizon, Horizon,
New Jersey Department of Community Affairs-NRTC Program, Titos, United/$762,569.00
Grant Period: October 12, 2021 through January 27, 2023
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale (X) Grant ( ) Sub-recipient ( ) n/a
List of Property: (if applicable)
(Address/Block/Lot/Ward)
Additional Information:
Resolution 7R2-f(S) adopted on October 26, 2021, authorized the City of Newark to accept a grant in the amount of $125,000.00, from the New Jersey Department of Community Affairs - Neighborhood Preservation Program, with $25,000.00 in-kind services.
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WHEREAS, on October 26, 2021, the Municipal Council adopted Resolution 7R2-f(S), authorizing the submission of an application to the New Jersey Department of Community Affairs (the "DCA") Neighborhood Preservation Program for a grant in the amount of One Hundred Twenty-Five Thousand Dollars and Zero Cents ($125,000.00) (the "Grant Funds"), with Twenty-Five Thousand Dollars and Zero Cents ($25,000.00), of in-kind services, and acceptance of the Grant Funds for the Lincoln Park Neighborhood District; and
WHEREAS, on or about January 7, 2022, the City ...
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