Council voted 6-0 to extend the ordinance based on current COVID-19 transmission levels.
Appiah Darkwa marks the fifth Nittany Lion currently seeking a new home in the portal.
Penn State wide receiver Justin Weller has entered the NCAA transfer portal with one more year of eligibility remaining.
Demolition of the Days Inn building and construction of the new apartment complex are tentatively expected to begin in June.
The contest will serve as the sole regular-season meeting between Penn State and Iowa.
Schumacher-Cawley was a two-time All-American for Penn State and played a key role in delivering the team's first national title back in 1999.