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Katrina Kelly

Sponsored Legislation (34)

Resolution26-0901

Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: 602 South Orange Avenue and 604 South Orange Avenue will consist of new construction of a mixed-use building having two (2) to three (3) units for rent at market rate, ground floor commercial space for wine and spirits shop, and customer parking lot. 35 North 14th Street will be developed as a newly constructed two-family home to be sold at market rate. Entity Name: IAMYCO Investments LLC Entity Address: 81 Northfield Avenue #103, West Orange, New Jersey 07052 Sale Amount: $143,764.11 Cost Basis: (X) $21.00 PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $169,400.00 Appraised Amount: N/A Contract Period: To commence within three (3) months and be completed within twenty-four (24) months following transfer of property ownership from the City to the Redeveloper Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ (X) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a List of Property: (Address/Block/Lot/Ward) 602 South Orange Avenue/ Block 4003/ Lot 2/ West Ward 604 South Orange Avenue/ Block 4003/ Lot 1/ West Ward 35 North 14th Street/ Block 1923/ Lot 40/ West Ward Additional Information: Sale Price: Total Square Footage X PSF = 6,845.91 X $21.00 = $143,764.11 Sale at prices set forth by Ordinance 6S&Fh, adopted on April 7, 2004, establishing the minimum sale price of City-owned properties.

Introduced Jun 10, 2026· Economic and Housing Development
Adopted
Resolution26-0782

Dept/ Agency: Economic Housing and Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Approving HMFA Financial Agreement Project Information: RESOLUTION OF THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK GRANTING A THIRTY (30) YEAR TAX ABATEMENT PURSUANT TO THE NEW JERSEY HOUSING AND MORTGAGE FINANCE AGENCY LAW OF 1983, AS AMENDED AND SUPPLEMENTED, N.J.S.A. 55:14K-1 ET SEQ. TO NEW EDEN FAITH PARTNERS LLC, 1212 SPRINGFIELD AVENUE, IRVINGTON, NEW JERSEY 07111, FOR A PROJECT TO CONSTRUCT A NEW 100% AFFORDABLE MULTI-FAMILY APARTMENT COMMUNITY WITH FORTY-THREE (43) APARTMENTS IN A 5-STORY, ELEVATOR BUILDING, CONSISTING OF FOUR (4) ONE-BEDROOM UNITS, TWENTY-EIGHT (28) TWO-BEDROOM UNITS AND ELEVEN (11) THREE-BEDROOM UNITS, OF WHICH ONE (1) ONE-BEDROOM UNIT, TWO (2) TWO-BEDROOM UNITS, AND TWO (2) THREE-BEDROOM UNITS SHALL BE SET ASIDE FOR INDIVIDUALS WITH SPECIAL NEEDS AND RESTRICTED TO TENANTS AT OR BELOW 20% OF THE AREA MEDIAN INCOME (“AMI”), AND THREE (3) ONE-BEDROOM UNITS, TWENTY-SIX (26) TWO-BEDROOM UNITS, AND NINE (9) THREE-BEDROOM UNITS SHALL BE RESTRICTED TO TENANTS AT OR BELOW 60% OF THE AMI, (THE “INCOME RESTRICTED UNITS”), INCLUSIVE OF A TWENTY-FOUR (24) CAR PARKING GARAGE, LOCATED ON REAL PROPERTY COMMONLY KNOWN AS 690-700 SOUTH 12TH STREET AND 682-688 SOUTH 12TH STREET, NEWARK, NJ 07103 AND IDENTIFIED ON THE CITY’S TAX MAP AS BLOCK 2618, LOTS 45 AND 53 (COLLECTIVELY, THE “PROJECT”). Additional Information:

Introduced May 18, 2026· Economic and Housing Development
Adopted