All Legislation
Resolution22-0033Adopted

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: Crown Village Urban Renewal, Inc. Entity Address: 27 Prince Street, Elizabeth, New Jersey 07208 Funding Source: New Jersey Housing Mortgage Finance Agency Program (Low Income Housing Tax Credit) Total Project Cost: $284,898,450 City Contribution: $0.00 Other Funding Source/Amount: $0.00 List of Properties: (Address/Block/Lot/Ward) 552 South Orange Avenue/Block 4001/Lot 1/West Ward 554-566 South Orange Avenue/Block 4001/Lot 2/West Ward 412 Grove Street/Lot 4001/Lot 19/West Ward 414 Grove Street/Lot 4001/Lot 20/West Ward 416 Grove Street/Lot 4001/Lot 21/West Ward 418 Grove Street/Lot 4001/Lot 32/West Ward 572-588 South Orange Avenue/Block 4002/Lot 1/West Ward 80-82 Whitney Street/Block 4002/Lot 18/West Ward 84 Whitney Street/Block 4002/Lot 19/West Ward 86-88 Whitney Street/Block 4002/Lot 20/West Ward 391-419 Grove Street/Block 4002/Lot 30/West Ward Additional Information:

Progress

Introduced

Jan 10, 2022

In Committee

May 24, 2022

Passed

May 24, 2022

4

Enacted