AN ORDINANCE GRANTING A THIRTY (30) YEAR TAX ABATEMENT TO SOUTH ORANGE AVE. 1 URBAN RENEWAL, INC., 27 PRINCE STREET, ELIZABETH, NEW JERSEY 07208, FOR A PROJECT TO CONSTRUCT ONE-HUNDRED-FORTY-FOUR (144) NON-SENIOR AFFORDABLE HOUSING RESIDENTIAL RENTAL UNITS, WHEREIN TWELVE (12) UNITS SHALL BE RESTICTED TO TENANTS AT 50% AREA MEDIAN INCOME (“AMI”) AND ONE-HUNDRED-THIRTY-TWO (132) UNITS SHALL BE RESTRICTED TO TENANTS AT 60% AMI (THE “INCOME RESTRICTED UNITS”) AND APPROXIMATELY 8,149 SQUARE FEET OF COMMERCIAL SPACE AND APPROXIMATELY 33% OF ON-SITE PARKING SPACES LOCATED AT 572-588 SOUTH ORANGE AVENUE, 80-82 WHITNEY STREET, 84 WHITNEY STREET, 86-88 WHITNEY STREET, AND 391-419 GROVE STREET, NEWARK, NEW JERSEY AND IDENTIFIED ON THE CITY’S MAP AS BLOCK 4002, LOTS 1, 18, 19, 20, AND 30. (WEST WARD) Deferred 6PSF-e 120325

Committee

Economic and Housing Development

Introduced

October 3, 2024

On agenda

November 25, 2025

Passed

December 17, 2025

Where it was heard

Municipal Council Dec 17, 2025 Close on Public Hearing and Adopt Pass Municipal Council Dec 3, 2025 Defer Pass Municipal Council Nov 25, 2025 Advance and Adopt on First Reading as 6F- Pass

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