All Legislation
Resolution23-1724Adopted
Dept./ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Resolution of Support Purpose: To provide support for the submission of an application for tax credits sought by Developer under the Aspire Tax Credit Program to the New Jersey Economic Development Authority. Entity Name: SUW K Urban Renewal, LLC Entity Address: 20 West 47th Street, New York, New York 10036 Grant Amount: $0.00 Total Project Cost: $0.00 City Contribution: $0.00 Other Funding Source/Amount: Traditional debt financing and equity funding Grant Period: Ten (10) years tax credit period, from the project completion date 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 430-436 Market Street/Block 176/Lot 1/East Ward Additional Information:
Progress
✓
Introduced
Oct 26, 2023
✓
In Committee
Nov 1, 2023
✓
Passed
Nov 1, 2023
4
Enacted