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Midland Park City Zoning Code

§ 34-13A.1

Residential Development Set-Aside Requirements.

[6-10-2021 by Ord. No. 08-21]
a. 
Except as otherwise regulated in this chapter, any multifamily residential development of five or more units at or above six units per acre approved as a result of any action of the Midland Park Planning Board or Board of Adjustment shall be required to set aside a minimum percentage of units for affordable housing. Where units will be for purchase, the minimum set-aside shall be 20%. Where units will be for rent, the minimum set-aside shall be 15%.
b. 
Where the set-aside requirement in Subsection a above results in a fractional unit, the total set-aside requirement shall be rounded upwards to the next whole number.
c. 
Irrespective of the requirements in Subsections a and b above, the Borough shall not be under any obligation to grant variances or extraordinary approvals for any such construction and development applications will be required to otherwise conform to the Borough's zoning requirements.