Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Need for Housing Project Purpose: To support United Community Corporation’s application for financing to the NJ Department of Community Affairs' Affordable Housing Trust Fund Program for a project to develop eleven (11) affordable owner-occupied, multi-family homes (with eleven (11) affordable owner-occupied units and twelve (12) affordable rental units) for moderate and low-income Newark residents; determine that the Project meets all or part of the City of Newark's low and moderate income housing obligations; and acknowledge that the Project is located in an eligible municipality in accordance with N.J.A.C. 5:43-1.3(a). Entity Name: United Community Corporation Entity Address: 332 South 8th Street, Newark, New Jersey 07103 Funding Source: New Jersey Department of Community Affairs Total Project Cost: $3,986,134.00 City Contribution: $0.00 Other Funding Source/Amount: $0.00 List of Properties: (Address/Block/Lot/Ward) 38 Blum Street/Block 306/Lot 16/Central Ward 42 Blum Street/Block 306/Lot 18/Central Ward 44 Blum Street/Block 306/Lot 19/Central Ward 491 South 10th Street/Block 308/Lot 3/Central Ward 493 South 10 th Street/Block 308/Lot 4/Central Ward 497 South 10th Street/Block 308/Lot 6/Central Ward 503 South 10th Street/Block 308/Lot 9/Central Ward 505-507 South 10th Street/Block 308/Lot 10/Central Ward 511 South 10th Street/Block 308/Lot 13/Central Ward 513-515 South 10th Street/Block 308/Lot 14/Central Ward Additional Information: