Title
Dept/ Agency: Economic & Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Support grant application
Purpose: Development of 21 Condominiums
Project Name: Condominium @ Harmony Square-Phase II Project
Entity Name: Os Lares, LLC
Entity Address: 103 Magazine Street, Newark, NJ 07105
Grant Amount: $1,639,126.00 or max allowable
Funding Source: New Jersey Housing and Mortgage Finance Agency's/ Choices in Home Ownership Incentives Created for Everyone Program
Total Project Cost: $5,867,126.00
City Contribution: N/A
Other Funding Source/Amount: N/A
Contract Period: N/A
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient (X ) n/a
List of Property:
(Address/Block/Lot/Ward)
110 Broad St./522/55/Central
112 A Broad St./522/53/Central
112 Broad St./522/54/Central
114 Broad St./522/52/Central
105-107 Mt. Pleasant Ave/522/1/Central
Additional Information: N/A