Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Resolution of Need for Housing Project Purpose: To support NJHMFA Low Income Housing Tax Credit Application for funding a project known as Hillside Community I through the Low Income Housing Tax Credit Program Entity Name: Hillside Community I Urban Renewal, LP Entity Address: 1 Center Street, Gateway I, Suite 2600, Newark, New Jersey 07102 Funding Source: Conventional Total Project Cost: $4,048,973.00 City Contribution: N/A Other Funding Source/Amount: N/A List of Properties: (Address/Block/Lot/Ward) 852-856 South 16th Street/Block 3011/Lot 83/ South Ward Additional Information: