Dept/ Agency: Administration/Office of Management and Budget Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Community Development Block Grant Program's (CDBG) Budget Appropriation Purpose: CDBG Forty-Ninth (49th) Year (CDBG XLIX), funds to sub-grantees Entity Name: City of Newark Entity Address: 920 Broad Street, Newark, New Jersey 07102 Total Grant Amount: $6,851,649.00 Grant Period: September 1, 2023 through August 31, 2024 Funding Source: United States Department of Housing and Urban Development 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: Apply and Accept for the CDGB Grant was adopted by Resolution 7R1-j on December 6, 2023. Two-Thirds vote of full membership required.