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: 297 Clinton Urban Renewal, LLC Entity Address: 45 Academy Street, 5th Floor, Newark, New Jersey 07102 Funding Source: New Jersey Housing Mortgage Finance Agency Program (Low Income Housing Tax Credit) Total Project Cost: $25,734,714.00 City Contribution: $0.00 Other Funding Source/Amount: $0.00 List of Properties: (Address/Block/Lot/Ward) 297-309 Clinton Avenue/Block 2667/Lot 12/South Ward Additional Information: