Manalapan Township City Zoning Code
§ 95-13.5
Phasing Schedule for Inclusionary Zoning.
In inclusionary developments, the following schedule for the issuance of certificates of occupancy for the required affordable housing units relative to the issuance of certificates of occupancy for the permitted market units shall be followed:
Maximum Percentage of Market-Rate Units Completed (COs Issued) | Minimum Percentage of Low- and Moderate-Income Units Completed (COs Issued) |
|---|---|
25% | 0% |
25%+1 unit | 10% |
50% | 50% |
75% | 75% |
90% | 100% |
