City Council Approves $4.05M for Green Parks Project Funding

Newark's Municipal Council has taken significant steps towards enhancing community infrastructure and affordable housing during its recent meeting on September 4, 2025. A key highlight was the approval of an ordinance for the Green Parks project, which allocates $4,050,000 for financing. This initiative, managed by the Department of Water and Sewer, aims to improve local parks and green spaces, with funding anticipated from the New Jersey Infrastructure Bank.

In addition to the Green Parks project, the council discussed several ordinances aimed at improving public safety and urban development. One ordinance designates Second Avenue and North Seventh Street as a multi-way stop intersection, enhancing traffic safety in the North Ward.

The council also addressed the need for affordable housing, approving multiple tax abatements for new residential developments. These include a 25-year tax abatement for Central Point Urban Renewal LLC, which plans to construct a six-story building with 16 affordable rental units, and similar incentives for other projects that will add a total of 50 affordable housing units across the city.

Further discussions included the deferral of two bond ordinances due to pending approval from the local finance board, which is expected to be addressed in their upcoming meeting. The council emphasized the importance of these financial measures for future city projects.

Overall, the meeting underscored Newark's commitment to enhancing community resources and addressing housing needs, with plans for further discussions and approvals in the coming weeks.