Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing () Amending Type of Service: Need for Housing Project Purpose: Resolution supporting the Sponsor’s application for funding a project known 999 Broad Street- Phase II through the New Jersey Housing Mortgage Finance Low Income Housing Tax Credit Program. Entity Name: Downtown Partners Urban Renewal Associates II, L.P Entity Address: 77 Park Street, Montclair, New Jersey 07042 Funding Source: New Jersey Housing Mortgage Finance Agency Program (Low Income Housing Tax Credit) Total Project Cost: $19,314,626.00 City Contribution: N/A Other Funding Source/Amount: N/A /$ List of Properties: (Address/Block/Lot/Ward) 46-60 Nevada Street/Block 111/ Lot 70.1/Central Ward Additional Information: N/A