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Piscataway City Zoning Code

§ 21-21.5

Extension of Controls.

[Ord. No. 2017-13]
a. 
The Township will monitor its existing low- and moderate-income units to determine the date upon which controls on affordability will expire.
b. 
When the controls on affordability are due to expire prior to December 31, 2025, the Township will offer incentives for the owners to voluntarily extend controls on affordability for another 30 years. Controls will be extended through use of a deed restriction consistent with UHAC.
c. 
Such incentives shall include a:
1. 
Payment of the costs associated with bringing the affordable unit up to code; and
2. 
Continuation of reduced tax assessment based on the assessment as a low- or moderate-income housing unit.