Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Application for Long-Term Tax Abatement Purpose: Authorize a 30 year FMHA tax abatement with The Plaza at Springfield Village, L.P., for an affordable residential project. Entity Name: The Plaza at Springfield Village, L.P. Entity Address: 77 Park Street, Montclair, NJ 07402 Abatement Period: 30 years 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) 302-324 Springfield Avenue, Newark, NJ/Block 253/Lots 27, 29, 30 and 37/Central Additional Information: N/A