All Legislation
Resolution12-2254Filed

Dept/ Agency: Administration/Office of the Business Administrator Action: ( X ) Ratifying (X) Authorizing (X) Amending Type of Service: Amend Resolution 7R3-D-(AS) 050510 , funding agreement Purpose: Amend NSP2 Agreement with Community Loan Fund of New Jersey, Inc. to provide additional funding of reprogrammed funds in the amount of $702,663.29 , allow entity to use unexpended loan loss reserve balance of $195,000.00 and extend the termination date of said Agreement to August 11, 2013 Entity Name: Community Loan Fund of New Jersey, Inc. Entity Address: 108 Church Street, 3rd FL, New Brunswick, New Jersey 08901 Grant Amount: $1,320,163.29 Funding Source: U.S. Department of Housing and Urban Development Contract Period: February 11, 2010 through August 11, 2013 Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( X ) Grant ( ) Sub-recipient ( ) n/a List of Property: (If applicable) (Address/Block/Lot/Ward) Additional Information: Invitation: Michael Meyer, Director of Division of Housing and Real Estate, March 19, 2013 Deferred 7R1-c 032013 Deferred 7R1-a (s) 032613 Deferred 7R1-a 040313 Deferred 7R1-a 041713 Deferred 7R1-a 050113

Progress

Introduced

Nov 28, 2012

In Committee

Mar 20, 2013

Passed

May 7, 2013

4

Enacted