Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing (X) Amending Type of Service: Resolution of need for Housing Project Purpose: To support NJHMFA Low Income Tax Application for the Riverside Arms Apartments housing project proposed by Riverside Arms Urban Renewal, LLP, 71 Lake Avenue, Colonia, New Jersey 07067, for construction of 128 rental units of affordable housing. On Block 617, Lots 1.01 through 1.25. Entity Name: Riverside Arms Urban Renewal, LLP Entity Address: 71 Lake Avenue, Colonia, New Jersey 07067 Funding Source: New Jersey Housing Mortgage Finance Agency Program (Low Income Housing Tax Credit) Total Project Cost: $ ? City Contribution: Not Known at this time Other Funding Source/Amount: CDBG Disaster Recovery/$ 4,200,000.00 List of Properties: (Address/Block/Lot/Ward) 14-16 Chester Avenue/Block 617/Lot 1.01 (North Ward) 2 Jules Place/Block 617/Lot 1.02 (North Ward) 4 Jules Place/Block 617/Lot 1.03 (North Ward) 6 Jules Place/Block 617/Lot 1.04 (North Ward) 8 Jules Place/Block 617/Lot 1.05 (North Ward) 10 Jules Place/Block 617/Lot 1.06 (North Ward) 12 Jules Place/Block 617/Lot 1.07 (North Ward) 14 Jules Place/Block 617/Lot 1.08 (North Ward) 13 Jules Place/Block 617/Lot 1.09 (North Ward) 11 Jules Place/Block 617/Lot 1.10 (North Ward) 9 Jules Place/Block 617/Lot 1.11 (North Ward) 7 Jules Place/Block 617/Lot 1.12 (North Ward) 5 Jules Place/Block 617/Lot 1.13 (North Ward) 3 Jules Place/Block 617/Lot 1.14 (North Ward) 1 Jules Place/Block 617/Lot 1.15 (North Ward) 93-95 Herbert Place/Block 617/Lot 1.16 (North Ward) 89-91 Herbert Place/Block 617/Lot 1.17 (North Ward) 87 Herbert Place/Block 617/Lot 1.18 (North Ward) 83-85 Herbert Place/Block 617/Lot 1.19 (North Ward) 81Herbert Place/Block 617/Lot 1.20 (North Ward) 77-79 Herbert Place/Block 617/Lot 1.21 (North Ward) 75 Herbert Place/Block 617/Lot 1.22 (North Ward) 71-73 Herbert Place/Block 617/Lot 1.23 (North Ward) 69 Herbert Place/Block 617/Lot 1.24 (North Ward) 63-67 Herbert Place/Block 617/Lot 1.25 (North Ward). Additional Information: A&A Construction, Inc., 14-16 Chester Avenue, Newark, New Jersey 07104, is identified as the owner of record for all property listed above.