8-b
AN
ABATEMENT TO CROWN VILLAGE URBAN RENEWAL, INC., 27
PRINCE STREET, ELIZABETH, NEW JERSEY 07208, FOR
PROJECT TO CONSTRUCT TWO RESIDENTIAL AFFORDABLE
H O U S I N G B U I L D I N G S
ONE-HUNDRED-EIGHTY-FIVE (185)
ORDINANCE
GRANTING
A
THIRTY
(30)
YEAR
TAX
A
C O N S I S T I N G
RESIDENTIAL
O F
RENTAL
UNITS, WHEREIN THE FIRST BUILDING SHALL CONSIST OF
ONE-HUNDRED-EIGHT (108) SENIOR AFFORDABLE HOUSING
UNITS, OF WHICH TWENTY (20) UNITS SHALL BE RESTRICTED
TO TENANTS AT 50% AREA MEDIAN INCOME (“AMI”) AND
EIGHTY-EIGHT
(88)
UNITS
SHALL
BE
RESTRICTED
TO
TENANTS AT 60% AMI (THE “BUILDING 1 INCOME RESTRICTED
UNITS”), AND THE SECOND BUILDING SHALL CONSIST OF
SEVENTY-SEVEN
(77)
NON-SENIOR
AFFORDABLE
HOUSING
UNITS, OF WHICH FOUR (4) UNITS SHALL BE RESTRICTED TO
TENANTS AT 50% AMI AND SEVENTY-THREE (73) UNITS SHALL
BE RESTRICTED TO TENANTS AT 60% AMI (THE “BUILDING 2
INCOME
RESTRICTED
UNITS”),
AND
APPROXIMATELY
9,115
SQUARE FEET OF COMMERCIAL SPACE AND APPROXIMATELY
86% OF ON-SITE PARKING SPACES LOCATED AT 552 AND
554-566 SOUTH ORANGE AVENUE AND 412, 414, 416, AND 418
GROVE STREET, NEWARK, NEW JERSEY AND IDENTIFIED ON
THE CITY’S TAX MAP AS BLOCK 4001, LOTS 1, 2, 19, 20, 21,
AND 32. (WEST WARD)
A motion was made by the Council of the Whole to Advance to First Reading.
The motion was adopted by the following votes:
9 -
Yes:
Amina Bey, Patrick O. Council, Carlos M. Gonzalez, Dupré L. Kelly, Luis
A. Quintana, Anibal Ramos Jr., Louise Scott-Rountree, Michael J. Silva,
and C. Lawrence Crump
A motion was made by the Council of the Whole to Reconsider. The motion
was adopted by the following votes:
9 -
Yes:
Amina Bey, Patrick O. Council, Carlos M. Gonzalez, Dupré L. Kelly, Luis
A. Quintana, Anibal Ramos Jr., Louise Scott-Rountree, Michael J. Silva,
and C. Lawrence Crump
A motion was made by Kelly, seconded by Scott-Rountree to Advance and
Adopt on First Reading as 6F-d. The motion was adopted by the following
votes:
9 -
Yes:
Amina Bey, Patrick O. Council, Carlos M. Gonzalez, Dupré L. Kelly, Luis
A. Quintana, Anibal Ramos Jr., Louise Scott-Rountree, Michael J. Silva,
and C. Lawrence Crump