Title
Dept/ Agency: Economic & Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Support grant application
Purpose: Rehabilitation of sixty-seven (67) affordable housing units (Richardson Lofts Project)
Entity Name: 50-60 Columbia Street Urban Renewal. LLC
Entity Address: 50-60 Columbia Street, Newark, NJ 07102
Grant Amount: Max allowable
Funding Source: New Jersey Housing and Mortgage Finance Agency (HMFA)
Total Project Cost: $17,792,235.00
City Contribution: No municipal funds required
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)
50-60 Columbia Street/871/20/East
Additional Information: N/A