Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Need for Housing Project Purpose: To support the NJHMFA Low Income Housing Tax Credit Application for Hampton Valley Apartments proposed by Hampton Valley Urban Renewal Limited Partnership through the Low Income Housing Tax Credit Program. Entity Name: Hampton Valley Urban Renewal Limited Partnership Entity Address: 122-136 Elizabeth Avenue, Newark, New Jersey 07108 Funding Source: New Jersey Housing Mortgage Finance Agency Program (Low Income Housing Tax Credit) Total Project Cost: $16,132,884.00 City Contribution: $0.00 Other Funding Source/Amount: FHA 223f Perm Loan /$9,891,300.00, LIHTC Equity/$2,420,058.00 List of Properties: (Address/Block/Lot/Ward) 122-136 Elizabeth Avenue/Block 2777/Lot 1/South Ward Additional Information: