Title
Dept/ Agency: Economic & Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Support grant application
Purpose: Funding to finance the construction of eighteen (18) units of affordable housing
Entity Name: 418 South Orange Ave Urban Renewal, LLC
Entity Address: 81-83 Vesey Street, Newark, NJ 07105
Grant Amount: Maximum allowable
Funding Source: New Jersey Housing and Mortgage Finance Agency
City Contribution: N/A
Other Funding Source/Amount: N/A
Contract Period: To be determined for a period not to exceed 12 months
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:
418 South Orange Avenue/Block 317/Lot 5/West Ward
Additional Information: N/A