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Council to apply to Local Finance Board for $6 million bond ordinance to rehabilitate PATH Home units

2342626 · February 19, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Administration presented a resolution authorizing a Local Finance Board application for a $6 million bond ordinance to rehabilitate PATH Home units for transitional housing; the finance director said the funds will be used for reconstruction, repair and furnishing of units under an agreement with the Newark Housing Authority.

The administration presented a resolution on Feb. 19 authorizing the city to apply to New Jersey's Local Finance Board for approval of a bond ordinance to fund $6 million in rehabilitation for PATH Home units. Benjamin…

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