Pitman City Zoning Code
§ 35-21.1
Affordable Housing Plan.
[1967 Code § 15-7.7; Ord. No. 07-2; Ord. No. 08-4]
The developer shall prepare an affordable housing plan, for approval by the Planning Board, which shows compliance with Council on Affordable Housing (COAH) requirements as listed below:
a.
Affordability Controls. All new affordable units constructed in inclusionary developments shall include affordability controls in the form of a deed restriction or similar covenant acceptable to the Borough which shall restrict low- and moderate-income units to occupancy by income-qualified households, as described below, for a period of not less than 30 years in accordance with the New Jersey Council on Affordable Housing. Inclusionary developments must comply with the controls on affordability of COAH, N.J.A.C. 5:92-12.1 et seq.
b.
Low- and Moderate-Income Split. At least 50% the affordable units shall be for low-income households, and the balance of the affordable units shall be for moderate-income households.
c.
Pricing Stratification. Pricing stratification shall be in accordance with the regulations of the New Jersey Council on Affordable Housing.
d.
Bedroom Distribution. Shall be in accordance with the regulations of the New Jersey Council on Affordable Housing.
e.
Age-Restricted Units. The cumulative total of all non low- and moderate-income units which are restricted by the minimum age of adults may not exceed 50% of the Borough's fair share obligation, as determined by the Housing Element and Fair Share Plan.
f.
Marketing, Screening, Selection of Occupants.
g.
Phasing. In inclusionary development projects, no low-income and moderate-income units need to be provided until the first 25% of the total project is completed. Thereafter, 10% of the low- and moderate-income units must be provided before the next market-priced unit is built. Milestones are set for parity between the low/moderate units and the market-priced units at 50% and 75% of completion, but all low/moderate units must be built when the job is 90% complete.
h.
Developer Contributions and Provision of Affordable Housing. The following regulations shall apply to all future development in the Borough of Pitman, regardless of the zoning district in which it is located.
1.
The developer shall contribute a fee in lieu of constructing affordable housing on site equal to $7,000 per market-priced unit to the Borough's Affordable Housing Trust Fund, to be used as directed by the Spending Plan of the Housing Element and Fair Share Plan. This contribution shall relieve the developer from all other affordable housing contributions.
2.
The developer of an subdivision or site plan resulting in nine or more dwelling units shall provide a minimum of one affordable unit on site for every eight market-priced units provided. Only whole units resulting from the division of eight into the total number of dwelling units need to be provided on site. This contribution shall relieve the developer from any other affordable housing contribution for the whole unit so calculated.
3.
Any fractional number of affordable units, either greater than a whole number or less than one unit, shall be subject to a development fee equal to 1% of the proportional equalized assessed value of a market-priced unit, except where the project has been granted a density or FAR variance. This contribution shall relieve the developer from any other affordable housing contributions except as noted above.
4.
All nonresidential developments shall be subject to a development fee equal to 2% of the equalized assessed value the development, except where the project has been granted a density or FAR variance. This contribution shall relieve the developer from any other affordable housing contributions.
5.
In all residential and nonresidential developments where the project has been granted a density or FAR variance, the project shall be subject to a development fee equal to 6% of the equalized assessed value the development. This contribution shall relieve the developer from any other affordable housing contributions.
i.
Unit Location. No more than 50% of the units in any single multiunit structure shall be reserved for low-income or moderate-income households, unless this requirement is specifically waived by the Planning Board as a condition of site plan approval. Regardless of whether this requirement is waived as to any specific structure, it is the intent of this section that low-income and moderate-income units shall be evenly dispersed throughout the entire development in as uniform a fashion as is practical.