Dept/ Agency: Economic Housing and Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Approving Assignment Agreement Project Information: RESCINDING RESOLUTION 7R2-E(AS)042418, AND CONSENTING TO THE ASSIGNMENT OF A FINANCIAL AGREEMENT FROM S.H.E URBAN RENEWAL ASSOCIATES, LP, TO BRUCE STREET GARDENS NJ, LLC, 10 HILL STREET, NEWARK, NEW JERSEY 07102, FOR AN AFFORDABLE HOUSING PROJECT LOCATED AT 35-61 12TH AVENUE, FOR THE CONSTRUCTION OF FOUR (4) BUILDINGS CONTAINING 108 RENTAL UNITS, A 3,500 SQUARE FOOT RECREATIONAL AND PRE-SCHOOL CENTER, A 850 SQUARE FOOT SECURITY AND MANAGEMENT OFFICE, LAUNDRY ROOM, AND 166 PARKING SPACES. (CENTRAL WARD) Additional Information: Resolution 7RDE(AS) adopted on January 6, 1999 Original Resolution 7R2-E(AS) adopted on April 24, 2018