Dept/ Agency: One Stop Career Center-NewarkWORKS Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Acceptance of Grant Funds Purpose: Acceptance of Workforce Innovation and Opportunity Act (WIOA) grant funds Entity Name: City of Newark, One Stop Career Center Entity Address: 375 McCarter Highway, Newark, New Jersey 07114 Grant Amount: $6,234,817.00 Total Project Cost: $0.00 City Contribution: $0.00 Other Funding Source/Amount: $0.00 Grant Period: July 1, 2024 through June 30, 2025 Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale (X) Grant ( ) Sub-recipient ( ) n/a Additional Information: The grant funding source is the State of New Jersey Department of Labor and Workforce Development through the Workforce Innovation Opportunity Act (WIOA) to assist youth, adult, and dislocated workers with significant barriers to employment, high quality jobs, and careers and to help employers hire and retain skilled workers. Eighty (80%) percent of grant funds must be obligated by June 30, 2025 and all funds fully expended by June 30, 2026.