All multifamily/townhouse development constructed within the Multifamily Residential Overlay Zones 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%. When calculating the required number of affordable units, any computation resulting in a fraction of a unit shall be rounded upwards to the next whole number.

All affordable units produced in the Multifamily Residential Overlay Zones shall comply with the Chapter 22, Affordable Housing, of the Borough Code and the applicable COAH regulations, as may be amended from time to time.

The affordable units to be produced shall either be purchase or rental units, which shall be at the discretion of the developer.

The requirements of this chapter shall supersede the requirements of the Borough-wide mandatory set-aside at § 34-13A.

The current provisions of the underlying zone continue to remain in full force and effect, except that any development that occurs as a result of the underlying zoning, that is not multifamily residential as permitted herein, shall be subject to the payment of affordable housing fees in accordance with § 22-3.