[Ord. No. 2018-10]
The age-restricted development permitted, up to 116 units, shall, in lieu of providing a 15% on-site inclusionary affordable housing set-aside, provide a payment-in-lieu of construction on site to the East Windsor Township's Housing Trust Fund. The payment-in-lieu shall be equal to $55,000.00 per each approved affordable unit that would be required based upon a 15% set-aside of the total number of age-restricted units.
The non-age restricted multi-family development shall be required to be an inclusionary development, of up to 295 multi-family units and shall have a minimum 22% set aside of the total number of non-age restricted units approved, affordable to low and moderate-income households (65 affordable units for 295 total units). The 22% of the total number of units approved shall round up any fractional number of units to provide one additional whole unit.
The inclusionary affordable units shall be developed and administered in accordance with COAH's rules and UHAC at N.J.A.C. 5:80-26.1, and as required under §
20-11B, including but not limited to income split, affirmative marketing, unit income type requirements and bedroom distribution. In addition, the unit types shall provide at least 15% of the total number of affordable units (rounded up), as affordable to very-low income households (affordable to households earning 30% or less of median income by household size), with all of the very-low-income units available to families.