Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Waiving 20 day period for an ordinance to take effect Purpose: Construction of Residential Rental Affordable Housing Project is at Risk as Closing on Property Needs to Occur Prior to Expiration of 20 Day Waiting Period Ordinance No(s).: 6PSF-a, October 3, 2012 Additional Information: Broadway Genesis Urban Renewal Apartments, LP, residential rental housing project to be constructed by H.E.L.P. New Jersey Development Co., LLC on land located within the City’s North Ward identified on the official tax map of the City of Newark as Block 729, Lots 36.01 through 36.09, (North Ward)