Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Support for Needed Housing Project Purpose: To support NJHMFA Low Income Housing Tax Credit Application for funding the construction of a 67 to 70 unit affordable housing mixed-use project commonly known as Bergen Family (RWJBH) Project. Entity Name: Pennrose, LLC, in partnership with RWJ Barnabas Health Entity Address: 1301 N. 31st Street, Philadelphia, Pennsylvania 19121 (Pennrose); 95 Old Short Hills Road, West Orange, New Jersey 07052 (RWJ Barnabas) Funding Source: New Jersey Housing Mortgage Finance Agency Program (Low Income Housing Tax Credit Total Project Cost: $23,500,000.00 City Contribution: $0.00 Other Funding Source/Amount: $0.00 List of Properties: (Address/Block/Lot/Ward) 981-991 Bergen Street/Block 3665/Lots 1, 2, 3, 4, 5, 6/South Ward Additional Information: