Except as otherwise regulated in this chapter, any development application proposing five or more new dwelling units shall be required to set aside 20% of said lots or units for affordable housing.

This requirement shall apply for all new multifamily residential development of five or more units that becomes permissible through either a use variance, a density variance increasing the permissible density at the site, a rezoning permitting multifamily residential housing where not previously permitted, or new redevelopment plan, and subject to any and all applicable regulations set forth by the Highlands Council.

This requirement does not give any developer the right to any such rezoning, variance or other relief, or establish any obligation on the part of the Borough of Kinnelon to grant such rezoning, variance or other relief. A property shall not be permitted to be subdivided so as to avoid compliance with this requirement.