Dept./ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing (X) Amending Type of Service: First Amendment to the Agreement for the Sale and Redevelopment of Land Purpose: Agreement to Subordinate the City of Newark Reverter Rights by entering into a First Amendment to Agreement for the Sale and Redevelopment of Land and a Subordination Agreement in order to permit the Redeveloper to obtain financing necessary for the redevelopment of the Property. Entity Name: Covenant House New Jersey, Inc. Entity Address: 330 Washington Street, Newark, New Jersey 07102 Sale Amount: N/A Cost Basis: ( ) $ PSF ( ) Negotiated (X) N/A ( ) Other: Assessed Amount: N/A Appraised Amount: N/A Contract Period: Not Applicable 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) 283-285 Halsey Street/Block 96 / Lot 8/Central Ward 287 Halsey Street/Block 96 /Lot 10/Central Ward 352 Washington Street/Block 96/Lot 30/Central Ward 350 Washington Street/Block 96/Lot 31/Central Ward 348 Washington Street/Block 96/Lot 32/Central Ward 342-346 Washington Street/ Block 96/Lot 33/Central Ward Additional Information: Resolution 7R2-e adopted on November 6, 2025, designating Covenant House New Jersey, Inc. as the redeveloper and authorizing an Agreement for the Sale and Redevelopment of Land.