A development that is inclusionary development, a municipal construction project or a 100-percent affordable development. This shall include any project that contains very-low-, low-, moderate-income units on or off site.

The New Jersey Council on Affordable Housing established under the Fair Housing Act or any successor agency.

The legal or beneficial owner or owners of a lot or of any land proposed to be included in a proposed development, including the holder of an option or contract to purchase, or other person having an enforceable proprietary interest in such land.

Money paid by a developer for the improvement of property as permitted in N.J.A.C. 5:93-8.

The assessed value of a property divided by the current average ratio of assessed to true value for the municipality in which the property is situated, as determined in accordance with Sections 1, 5, and 6 of P.L. 1973, c. 123 (N.J.S.A. 54:1-35a through N.J.S.A. 54:1-35c).

Those strategies that minimize the impact of development on the environment, and enhance the health, safety and well-being of residents by producing durable, low-maintenance, resource-efficient housing while making optimum use of existing infrastructure and community services.