Dept/ Agency: Economic Housing and Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Approving Amended and Restated HOME Affordable Housing Agreement and Assignment and Assumption Agreement Project Information: RESOLUTION OF THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK CONSENTING TO THE EXECUTION OF AN AMENDED AND RESTATED HOME AFFORDABLE HOUSING AGREEMENT AND ASSIGNMENT AND ASSUMPTION AGREEMENT RELATING TO THE ASSIGNMENT OF THE AMENDED AND RESTATED HOME AFFORDABLE HOUSING AGREEMENT, MORTGAGE AND NOTE FROM Lincoln Park LIHTC, LLC TO Lincoln Park KRM, LLC FOR AN AFFORDABLE HOUSING PROJECT LOCATED AT 26-28 West Kinney Street, 22-24 West Kinney Street, 18-20 West Kinney Street, 15-17 Lincoln Park, 65 Lincoln Park, Block 117, Lots 1, 3, 6, Block 118, Lot 31, Block 123, Lot 33 on the tax map of the City, (collectively, the “Project”) Additional Information:

Resolution Adopted Introduced December 11, 2025

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