Title
Dept/ Agency: Economic & Housing Development
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Application/Acceptance of Grant Funds
Purpose: Neighborhood Stabilization Program 2
Entity Name: City of Newark
Entity Address: 920 Broad Street, Newark, NJ
Grant Amount Applied for: $45,060,000.00
Grant Amount Received: $20,759,155.00
Funding Source: U.S. Department of Housing and Urban Development
Total Project Cost: $20,759,155.00
City Contribution: No municipal funds required
Other Funding Source/Amount: N/A
Contract Period: February 11, 2010 through February 11, 2013
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale (X) Grant ( ) Sub-recipient ( ) n/a
Additional Information: N/A