The purpose of this new section is to create an overlay zone for this property to facilitate the creation of a multifamily affordable housing development to permit appropriate densities for a municipally sponsored, 100%, affordable housing development, to be located on the property at 300-C Princeton Hightstown Road and identified as Block 5, Lot 2.02 on the Township tax maps. 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"), 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 an Agreement, between Township of East Windsor and Community Investment Strategies, Inc., in January 2018 regarding 300-C Princeton Hightstown Road which included this property as a mechanism to satisfy its obligation. This new zoning district is an overlay zoning district to the existing RO Research Office Zoning District which designation shall remain in full effect.