24-0896
Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Affordable Housing Agreement for HOME Funds Purpose: To authorize the execution of a Deed Restrictive HOME Affordable Housing Agreement. Entity Name: E. Gill Development, LLC Entity Address: 2 Center Street, 2103, Newark, New Jersey 07102 Grant Amount: $375,000.00 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) 63 South 12th Street/Block 1867, Lot 25/West Ward Additional Information: To construct a new residential affordable housing building that will consist of (3) three-bedroom residential rental units as HOME Assisted Units to be occupied by households and families who have annual incomes of 30% or less of Area Median Income (AMI) for property located at 63 South 12th Street (West Ward).
What this record is
- Held by
- E. Gill Development, LLC
- Amount
- $375K
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- amendment
- Field
- Construction
construction contracts in NJ that end within a year →
Governments publish the end date in the award. That date is when the
work goes back out to bid, and it is usually stated years ahead.
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Economic and Housing Development
- Introduced
- June 18, 2024
- On agenda
- July 10, 2024
- Passed
- July 10, 2024
Where it was heard
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