Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing (X) Amending Type of Service: First Amendment to Affordable Housing Agreement authorized by Resolution # 7R3-b 031908 Purpose: Amend resolution to add one (1) additional unit of rental housing for an aggregate total of twenty-four (24) affordable housing units, extend the project completion date to June 30, 2013, update the project description, amend the Index, add a heading name to the “Right To Terminate” provision and revise the insurance hold harmless provisions to the City’s current requirements. Entity Name: Episcopal Community Development, Inc. Entity Address: 31 Mulberry Street, Newark, NJ 07102 Grant Amount: $525,000.00 Funding Source: Housing & Urban Development (HUD), HOME Funding Contract Period: September 15, 2008 through March 15, 2010; extended to June 30, 2013. Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a List of Property: (Address/Block/Lot/Ward) 503 Avon Avenue/2639/28/South 509 Avon Avenue/2640/29/South 511 Avon Avenue/2640/30/South 723 Springfield Avenue/2640/37/South 725 Springfield Avenue/2640/36/South Additional Information: Project Name: Avon Kinship Housing I and Springfield Kinship Housing II