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Resolution24-0979

Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Execute a Deed Restrictive Affordable Housing Agreement for HOME ARP Funds Purpose: To authorize the execution of a Deed Restrictive HOME ARP Affordable Housing Agreement with Fairmount Commons Urban Renewal Associates, L.P., for the construction of two (2) new residential affordable housing buildings that will consist of seventy (70) residential rental units (the “Project”), eleven (11) of which such units shall be subsidized by the City, designated as HOME ARP Program Units and serve households who are homeless or at risk of being homeless (as defined in 24 C.F.R. §91.5 as part of the HOME ARP Program) having annual incomes of 30% or less of Area Median Income (“AMI”) as determined using the standards set by the Department of Housing and Urban Development (“HUD”) for the HOME ARP Program. Entity Name: Fairmount Commons Urban Renewal Associates, L.P. Entity Address: 77 Park Street, Montclair, New Jersey 07042 Grant Amount: $2,343,357.00 Funding Source: Federal HOME ARP Program Funds Contract Period: HOME ARP Program Funds must be expended within forty-eight (48) months from the date of adoption. 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: (Address/Block/Lot/Ward) 381-395 South Orange Avenue (Block 1784, Lot 35) (West Ward) of the Tax Map of the City of Newark, County of Essex, State of New Jersey, and 331 - 335 South 11th Street (Block 1784, Lot 6 (formerly Lots 6, 7 and 8) (West Ward) Additional Information:

Introduced Jul 10, 2024· Economic and Housing Development
Adopted
CommunicationC0021-2024

THE FOLLOWING COMMUNICATIONS WERE RECEIVED BY THE CITY CLERK'S OFFICE AS OF WEDNESDAY JULY 10, 2024 New Type: D5 To: Moler & 4th LLC 116 E Moler St 1st Fl E Unit Columbus, OH 43207 Permit #: 6078435 New Type: D1 To: Gooseegg LLC DBA Dantes Pizza 3586 Indianola Ave Columbus, OH 43214 Permit #: 32558750010 Transfer Type: D1 D2 To: H5 Management Services LLC 579 W Fifth Ave Columbus, OH 43201 From: CB on 3rd Inc DBA Lexis 100 E Broad St Ste 150 and Patio Columbus, OH 43215 Permit #: 3469568 New Type: D3A To: Hashtag Comedy LLC 1253 N High St Columbus, OH 43201 Permit #: 3655755 Transfer Type: D5 To: 833 Front Street LLC 831-833 S Front St Columbus, OH 43206 From: Tippers LLC & Patio 3534 W Dublin Granville Rd Columbus, OH 43235 Permit #: 2455213 New Type: D3 To: H5 Management Services LLC 579 W Fifth Ave Columbus, OH 43201 Permit #: 3469568 Transfer Type: C1 C2 To: LP Karl Road LLC 3728 Karl Rd Columbus, OH 43224 From: UDF Limited Partnership II DBA United Dairy Farmers 644 3728 Karl Rd Columbus, Ohio 43224 Permit #: 5313133 New Type: C1 C2 To: Frascati Market LLC DBA Frascati Market 710 Grandview Crossing Way Ste 101 Columbus, OH 43215 Permit #: 2864235 New Type: C1 C2 To: Dolgen Midwest LLC DBA Dollar General Store 30929 3355 E Livingston Ave Columbus, OH 43227 Permit #: 22348159450 Transfer Type: D1 D2 D3 To: Dae Han Chicken 4 Inc DBA CM Chicken 1011 W Fifth Ave Columbus, OH 43212 From: JMM Honest LLC DBA Simply Honest Cafe 567 E Livingston Ave & Patio Columbus, OH 43215 Permit #: 1880357 Advertise Date: 7/20/2024 Agenda Date: 7/15/2024 Return Date: 7/25/2024

Introduced Jul 10, 2024· Columbus City Council
Filed
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