Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Assignment of Contract Agreement Purpose: To consent to the assignment of the Financial Agreement from Cathedral Park Associates, LP to Cathedral Park Apartments Urban Renewal, LLC for an affordable housing project located at 147-153 Clifton Avenue. Entity Name: Cathedral Park Urban Renewal Apartments, LLC Entity Address: 691 Elizabeth Avenue, Suite 2, Newark, New Jersey 07112 Contract Amount: $0.00 Funding Source: $0.00 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) 147-153 Clifton Avenue/Block 491/Lot 54 Additional Information: Original Tax Abatement granted by Resolution 7RB-k adopted on September 16, 1981.