24-0839
Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Need for Housing Project Purpose: To determine whether the proposed Project will meet(s) an existing housing need within the City of Newark, pursuant to the provisions of the New Jersey Housing and Mortgage Finance Agency Law of 1983, as amended (N.J.S.A. 55:14K-1 et seq.), the rules promulgated thereunder at N.J.A.C. 5:80-1 et seq., and all applicable guidelines. Entity Name: Springview Development Group, LLC Entity Address: 1212 Springfield Avenue, Irvington, New Jersey 07111 Funding Source: New Jersey Housing Mortgage Finance Agency Program (Low Income Housing Tax Credit) Total Project Cost: $24,350,601.00 City Contribution: $0.00 Other Funding Source/Amount: $0.00 List of Properties: (Address/Block/Lot/Ward) 559-569 Springfield Avenue/Block 2618/Lot 1/South Ward Additional Information:
- Committee
- Economic and Housing Development
- Introduced
- May 30, 2024
- On agenda
- June 5, 2024
- Passed
- June 5, 2024