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: NMA Owners, LLC Entity Address: 1865 Palmer Avenue, Suite 203, Larchmont, New York 10538 Funding Source: New Jersey Housing Mortgage Finance Agency Program (Low Income Housing Tax Credit) Total Project Cost: $ 85,614,604.00 City Contribution: To Be Determined Other Funding Source/Amount: $0.00 List of Properties: (Address/Block/Lot/Ward) 146 University Avenue/Block 34/Lot 1/Central Ward 75-83 Central Avenue/Block 34/ Lot 47/Central Ward 61-63 Washington Street/Block 35/Lot 20/Additional Lot 35/Central Ward 65 Washington Street/Block 35/Lot 21/Central Ward 67 Washington Street/Block 35/Lot 22/Central Ward 69 Washington Street/Block 35/Lot 23/Central Ward 71 Washington Street/Block 35/Lot 24/Central Ward 61 Central Avenue/Block 35/Lot 27/Central Ward 63 Central Avenue/Block 35/Lot 28/Central Ward 65 Central Avenue/Block 35/Lot 29/Central Ward 69 Central Avenue/Block 35/Lot 31/Central Ward 71-73 Central Avenue/Block 35/Lot 32/Additional Lots 33 and 34/Central Ward Additional Information: