24-0508
Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Execute and Approve a Modified Affordable Housing Agreement, Note and Mortgage for HOME Funds Purpose: To authorize the execution and approval of a modified Affordable Housing Agreement with Southside View, LLC to construct a new multi-family residential and affordable housing development consisting of forty (40) affordable housing rental units (7 HOME subsidized by the City), upon property located at 654-668 South 11th Street (Block 2617, Lots 75, 74, 73, 72, 71, 70, 87, 69, 86, 88 and 85 (South Ward). Entity Name: Southside View, LLC Entity Address: 1212 Springfield Avenue, Irvington, New Jersey 07111 Grant Amount: $1,050,000.00 Funding Source: Federal HOME Program Funds Contract Period: HOME 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) 654-668 South 11th Street (Block 2617, Lots 75, 74, 73, 72, 71, 70, 87, 69, 86, 88 and 85 (South Ward) Additional Information:
What this record is
- Held by
- Southside View, LLC 2 records across this site
- Amount
- $1.05M
- Runs until
- no end date published in this record
- Type
- rfp
- Field
- Construction
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Southside View, LLC also holds
Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Execute Affordable Housing Agreemen…- Committee
- Economic and Housing Development
- Introduced
- April 1, 2024
- On agenda
- April 10, 2024
- Passed
- April 10, 2024