25-1025
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: Cottage Place Apartments, LLC Entity Address: One Washington Mall, Suite 500, Boston, Massachusetts 02108 Funding Source: New Jersey Housing Mortgage Finance Agency Program (Low Income Housing Tax Credit) Total Project Cost: $ 34,501,867.00 City Contribution: N/A Other Funding Source/Amount: $0.00 List of Properties: (Address/Block/Lot/Ward) 125 West Kinney Street/Block 2509/Lot 60/Central Ward Additional Information:
- Committee
- Economic and Housing Development
- Introduced
- July 15, 2025
- On agenda
- August 6, 2025
- Passed
- August 6, 2025
Where it was heard
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