The purpose of this § 20-11B is to establish regulations and standards controlling the development of land in a specified area of the Township with provisions for the development of low- and moderate-income housing units in accordance with those set forth below and in accordance with the New Jersey Fair Housing Act, N.J.S.A. 52:27D-301 et seq. and the regulations of the Council on Affordable Housing ("COAH") for the second round, set forth at N.J.A.C. 5:93. The purpose of this zone is to establish an affordable housing zone in accordance with a settlement agreement between the East Windsor Township and Fair Share Housing Center, Inc. ("Fair Share Housing Center" or "FSHC"). The settlement agreement was approved by the Superior Court at a Fairness Hearing held on July 19, 2017 and reflected in a Court Order also dated July 19, 2017 (collectively, the "settlement agreement"), setting forth the Township's third round affordable housing obligation covering the period 1999 to 2025. In addition, the Township entered into a Memorandum of Understanding (MOU), between Township of East Windsor and Blackpoint Group, LLC and Benjamin Zaitz and Zaitz Trust, in May 2017 regarding 641 North Main Street which included this zone as a mechanism to satisfy its obligation.