Primary Recipient

NEWARK, NEW JERSEY, CITY OF, (INC)

Amount

$20,759,155.00

Award Date

2/11/2010

Administering Agency

Housing and Urban Development, Department of

CDFA Number

14.256

CDFA Program Title

Neighborhood Stabilization Program (Recovery Act Funded)

Description

The Newark/Essex County Consortium was awarded an amount of $20,759,155 in NSP2 funds to acquire, rehabilitate or redevelop approximately 287 foreclosed, abandoned or vacant units in 11 targeted neighborhoods in five cities; of this, approximately 90 unit

Recipients Connected to Award

Recipient	Role	Amount
EPISCOPAL COMMUNITY DEVELOPMENT, INC.	Sub-recipient	$3,445,000.00
Make It Right Foundation	Sub-recipient	$3,185,000.00
R P M Development Corp	Sub-recipient	$2,860,000.00
MICHAEL DEVELOPMENT COMPANY I, LP	Sub-recipient	$1,885,000.00
Fairmount Heights Development	Sub-recipient	$1,690,000.00
NEWARK, NEW JERSEY, CITY OF, (INC)	Primary recipient	$1,487,155.00
BRAND NEW DAY INC	Sub-recipient	$1,300,000.00
Don Pedro Development Corp	Sub-recipient	$1,170,000.00
EAST ORANGE, CITY OF	Sub-recipient	$1,105,000.00
COMMUNITY LOAN FUND OF NEW JERSEY, INC	Sub-recipient	$617,000.00
UNIFIED VAILSBURG SERVICE ORGANIZATION INC	Sub-recipient	$585,000.00
HOUSING AND NEIGHBORHOOD DEVELOPMENT SERVICES, INC	Sub-recipient	$585,000.00
IRONBOUND COMMUNITY CORPORATION	Sub-recipient	$585,000.00
Homes of Montclair Ecumenical Corp	Sub-recipient	$260,000.00