Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Need for Housing Project Purpose: To determine whether the proposed Project will meet(s) an existing housing need within the City of Newark, pursuant to the provisions of the New Jersey Housing and Mortgage Finance Agency Law of 1983, as amended (N.J.S.A. 55:14K-1 et seq.), the rules promulgated thereunder at N.J.A.C. 5:80-1 et seq., and all applicable guidelines. Entity Name: SWPN Development I, LLC and Brick Family I, LLC Entity Address: 35 Halsey Street, Third Floor, Newark, New Jersey 07102 Funding Source: New Jersey Housing Mortgage Finance Agency Program (Low-Income Housing Tax Credit) Total Project Cost: $38,046,212.00 City Contribution: $0.00 Other Funding Source/Amount: $0.00 List of Properties: (Address/Block/Lot/Ward) 137-139 Badger Avenue/Block 2681/Lot 1/South Ward 141-143 Badger Avenue/Block 2681/Lot 3/South Ward 145-153 Badger Avenue/Block 2681/Lots 5, 6, 7, 8 and 9/South Ward Additional Information: