Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Assignment of Contract Agreement Purpose: Consenting to the assignment of Financial Agreement from Irvine Turner Apartments Urban Renewal, LLC to New Irvine Turner Apartments Urban Renewal, LLC for an affordable housing project located at 385-391, 393-395, 396-402, 397-403, and 416-432 Irvine Turner Boulevard, Newark, New Jersey 07108 and identified on the Official Tax Map of the City of Newark, as Block 2675, Lots 40, 41, 44; Block 2678, Lot 16; and Block 2693, Lot 7 (South Ward). Entity Name: New Irvine Turner Apartments Urban Renewal, LLC Entity Address: c/o The NHP Foundation, 122 E. 42nd Street, Suite 4900, New York, New York 10168 Contract Amount: N/A Funding Source: N/A Contract Period: N/A 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 ) 397-403 Irvine Turner Boulevard/Block 2675/ Lot 40/South Ward 393-395 Irvine Turner Boulevard/Block 2675/Lot 41/South Ward 385-391 Irvine Turner Boulevard/Block 2675/Lot 44/South Ward 396-402 Irvine Turner Boulevard/Block 2678/Lot 16/South Ward 416-432 Irvine Turner Boulevard/Block 2693/Lot 7/South Ward Additional Information: