The Crossings at Brick Church Station is an urban, mixed-use redevelopment anchored by a 68,000 sq. ft. ShopRite Supermarket, 24,000 sq. ft. of retail space including 2,000 sq. ft. of minority and locally owned retail, Ashely Stewart, an affordable women’s clothing store, Newark Community Health Center, a Federally Qualified Health Center, public open space, and mixed-income residences in a town center format. Located adjacent to the Brick Church train station, The Crossings at Brick Church Station will provide a new focal point for East Orange, create quality jobs in the community, and catalyze future investment. + Acquisition, development and construction of an 85,000 sq. ft. retail condominium within Phase 1A of Brick Church Redevelopment Project, consisting of ShopRite grocery, FQHC and other commercial, retail and restaurant space. The Brick Church Redevelopment Project is an urban, mixed-use, transit-oriented development project anchored by a supermarket, restaurants, shops, public open space, mixed-income residential rental units and associated parking in a town center format around the Brick Church New Jersey Transit Train Station. The project site is designated as a “Transit Village” by the State of New Jersey, which creates incentives for municipalities to redevelop or revitalize the areas around transit stations using design standards for transit-oriented development. + The Crossings at Brick Church Station (“The project” and “Brick Church”) will be the redevelopment of an existing shopping center into a reimagined urban mixed-use town center located in the heart of East Orange, NJ. Brick Church was constructed in the early 1980s, and it is dire need of an upgrade and modernization. The project is located along the city’s main thoroughfare and is directly adjacent to the New Jersey Transit’s Brick Church Train Station; its literally one stop from Manhattan, NY. Once complete, The project will provide a new focal point for the East Orange community and will be a crucial catalyst for additional development and economic stimulus for this bedroom community centrally located between Trenton, NJ and NYC. The 1.4 million sq. ft. Project will be redeveloped in two phases. Phase 1A, which will utilize the NMTCs, consists of 92k sq. ft. of commercial retail space and 815k sq. ft. of separately LIHTC financed units of 400 mixed-income apartments (of which 20% will be affordable to persons at or below 50% AMI). Based on input from community residents and key stakeholders, the retail space will include the following uses: • Grocery Store and Pharmacy: Shop Rite will remain as the anchor tenant in the shopping plaza. As part of the redevelopment, Shop Rite will receive a new store thus increasing its footprint from 50k to 60k sq. ft. It is the only high-quality, full-service grocer within a 2.5-mile radius, and the store will remain open during the construction phase. • Healthcare: Newark Community Health Center, which is a federally qualified health center (“FQHC”), will provide primary care services, health and wellness education programs, and an urgent care facility. • Restaurant: The confirmed tenants include the existing Dunkin Donuts and two new tenants – an ice cream shop and the only sit-down restaurant in the area. • Retail: Ashely Stewart is the only existing clothing retailer that will remain. • Workforce Development Center (1k sq. ft.): In partnership with the City of East Orange, will have an onsite job training center for local residents to have access to construction and permanent jobs. • Parking: Parking garage with 1,236 spaces. Per the Sponsor, The Crossing at Brick Church will “enhance the social infrastructure of the low-income neighborhood through the creation of an equitable, connected community that improves the quality of life for residents by increasing mass-transit usage, the elimination of blight and significant job creation.” + The Phase 1 (and NMTC portion) of this multi-phase, urban, mixed-use town center includes 85k sq. ft. of retail and community space, anchored by a grocery store and an FQHC. The project will also include a 1k sq. ft. workforce development office on site in conjunction with the Mayor’s Office of Employment and Training to create workforce training programming.Located adjacent to the Brick Church train station, the Crossings at Brick Church will provide a new focal point for the City of East Orange (“City”) and catalyze additional investment and economic growth while ensuring that social equity goals are interwoven in the development plan. The site is currently underutilized, housing a 1980’s era ShopRite-anchored retail center. The Crossings at Brick Church project will wholly redevelop the site as a multi-phase, mixed‐use project that will ultimately contain 1,070 mixed-income housing units and 232K sq. ft. of retail/commercial space with a supermarket, health clinic, restaurants and shops, a parking garage and public open space in a town center format. + N/A + Also includes Enterprise LIHTC Investment. + NAISC: Supermarkets and Other Grocery (except Convenience) Stores + CBA: Yes. At least 50% of the direct created and retained permanent FTE jobs will be provided to Low-Income Persons or to residents of a Low-Income Community. Brick Church will use a portion (amount to be determined in partnership with the City of East Orange) of the net NMTC proceeds to fund the creation of a workforce development program and operate local workforce development centers to help unemployed and underemployed local members of the low-income community prepare for interview and provide basic job skills. Through its leases with retail tenants, The project will require tenants first consider candidates sourced through the workforce development partnership for all open positions. Additionally, the funds will be used to provide on-going support and skills training to help the candidates stay in their jobs and advance to higher paying jobs. Borrower will use commercially reasonable efforts to collect reporting on the results of these first-source hiring and workforce development programs. + Yes, create both Quality and Accessible permanent and construction jobs. Quality jobs will pay a living wage and build wealth by meeting at least 3 of the following: 1) is full time; 2) provides health insurance; 3) offers a retirement plan; 4) offers profit sharing/stock ownership; 5) offers advanced educational skills or training; 6) provides opportunities for career advancement. At least 10% of the construction $s will be awarded to MBE, WBE or businesses owned by Low-Income persons. + Yes -In partnership with the East Orange Mayor’s Office of Employment and Training, The borrower has developed the Rising Builder Scholarship program, which will give grants to East Orange residents who wish to pursue career training in the construction trades. These graduates will then create a pipeline for local hiring at the site. In addition, The borrower and its contractor have executed a PLA with Local 3 and Local 55 to supply union labor. The unions are required in those PLAs to hire both skilled and unskilled East Orange residents. The number of graduates will be reported in annual reporting. -At least 10% of subcontracting opportunities will be awarded to MBEs. + Yes. Over 62.5% of construction FTE and at least 50% of permanent FTE will be quality jobs; at least 50% of permanent FTE and 75% of retained jobs will be accessible.