Dept/ Agency: Law Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Loan Agreement Purpose: To authorize the execution of the CY 2024 Transitional Aid (TA) Loan Agreement. Entity Name: State of New Jersey, Division of Local Government Services, Department of Community Affairs Entity Address: 101 South Broad Street, 2nd Floor, P.O. Box 803 Trenton, New Jersey 08625-0803 Aid Amount: $22,000,000.00 Contract Period: Effective date through June 28, 2024 until September 30, 2029 Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a Additional Information: