PendingOther
Clinton Arms Urban Renewal financial agreement assignment
Description
New owners are taking over a 72-unit, 100% affordable Section 8 garden apartment complex and need the city to transfer its financial agreement before HUD and Green Initiative approvals can follow.
Impact summary
The 72 affordable units stay affordable under the transfer, but council wants to confirm no tax abatement money is owed first.
Applicant
- Name
- Clinton Arms Urban Renewal (assignee); Clinton Arms Associates Limited (assignor)
- Address
- Clinton Avenue, Hodgardon Street, Peshine and Peshon Streets, South Ward, Newark, NJ
At a glance
- Hearings
- 1
- Public comments
- 0
- Total mentions
- 1
Recorded in the meeting · City Council
Approved9–0, unanimous
Last discussed Mar 3, 2026.
We'll email you when it's on an upcoming agenda, when it's voted on and when its status changes, at most once a day.
The weekly brief for Newark
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.