Dept./ Agency: Economic and Housing Development Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Resolution of Support Purpose: Municipal Council support for submission of an Implementation Plan in compliance with the New Jersey Community Affairs Neighborhood Preservation Program grant funding requirement. Entity Name: New Jersey Department of Community Affairs (DCA) - Neighborhood Preservation Program (NPP) Entity Address: 101 South Broad Street, Trenton, New Jersey 08625 Grant Amount: $125,000.00 Total Project Cost: $887,569.00 City Contribution: $25,000.00 In-Kind Services Other Funding Source/Amount: Prudential Foundation, Verizon, Horizon, New Jersey Department of Community Affairs-NRTC Program, Titos, United/$762,569.00 Grant Period: October 12, 2021 through January 27, 2023 Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale (X) Grant ( ) Sub-recipient ( ) n/a List of Property: (if applicable) (Address/Block/Lot/Ward) Additional Information: Resolution 7R2-f(S) adopted on October 26, 2021, authorized the City of Newark to accept a grant in the amount of $125,000.00, from the New Jersey Department of Community Affairs - Neighborhood Preservation Program, with $25,000.00 in-kind services.