At least 1/2 of all units within each inclusionary development will be affordable to low income households; and

At least 1/2 of all rental units will be affordable to low income households; and

At least 1/3 of all units in each bedroom distribution pursuant to N.J.A.C. 5:93-7.3 will be affordable to low income households.

The combination of efficiency and one bedroom units is at least 10% and no greater than 20% of the total low and moderate income units; and

At least 30% of all low and moderate income units are two bedroom units; and

At least 20% of all low and moderate income units are three bedroom units; and

Low and moderate income units restricted to senior citizens may utilize a modified bedroom distribution. At a minimum, the number of bedrooms will equal the number of senior citizen low and moderate income units within the inclusionary development.

Efficiency units will be affordable to one person households; and

One bedroom units will be affordable to 1.5 person households; and

Two bedroom units will be affordable to three person households; and

Three bedroom units will be affordable to 4.5 person households; and

Median income by household size will be established by a regional weighted average of the uncapped Section 8 income limits published by HUD as per N.J.A.C. 5:93-7.4(b); and

The maximum average rent and price of low and moderate income units within each inclusionary development will be affordable to households earning 57.5% of median income; and

Moderate income sales units will be available for at least three different prices and low income sales units will be available for at least two different prices; and

For both owner-occupied and rental units, the low and moderate income units will utilize the same heating source as market units within an inclusionary development; and

Low income units will be reserved for households with a gross household income less than or equal to 50% of the median income approved by COAH; moderate income units will be reserved for households with a gross household income less than 80% of the median income approved by COAH as per N.J.A.C. 5:93-9.16; and

The regulations outlined in N.J.A.C. 5:93-9.15 and 5:93-9.16 will be applicable for purchased and rental units.

Establish one rent for a low income unit and one for a moderate income unit for each bedroom distribution; and

Gross rents, including an allowance for tenant-paid utilities, will be established so as not to exceed 30% of the gross monthly income of the appropriate household size as per N.J.A.C. 5:93-7.4(a). The tenant-paid utility allowance will be consistent with the utility allowance approved by HUD for use in New Jersey.

The initial price of a low and moderate income owner-occupied single-family housing unit will be established so that after a down payment of 5%, the monthly principal, interest, homeowner and private mortgage insurances, property taxes (based on the restricted value of the low and moderate income unit) and condominium or homeowner fees, does not exceed 28% of the eligible gross monthly income; and

Master deeds of inclusionary developments will regulate condominium or homeowner association fees or special assessments of low and moderate income purchasers at 50% of those paid by market purchasers. This 50% is consistent with the requirement of N.J.A.C. 5:93-7.4(e). Once established within the master deed, the 50% will not be amended without prior approval from COAH; and

The Borough of Ringwood will follow the general provisions concerning uniform deed restriction liens and enforcement through Certificates of Occupancy or Reoccupancy on sale units as per N.J.A.C. 5:93-9.3; and

The Borough of Ringwood will require a Certificate of Reoccupancy for any occupancy of a low or moderate income sales unit resulting from a resale as per N.J.A.C. 5:93-9.3(c); and

Municipal, State, nonprofit and seller options regarding sale units will be consistent with N.J.A.C. 5:93-9.5-9.8. Municipal rejection of repayment options for sale units will be consistent with N.J.A.C. 5:93-9.9; and

The continued application of options to create, rehabilitate or maintain low and moderate income sale units will be consistent with N.J.A.C. 5:93-9.10; and

Eligible capital improvements prior to the expiration of controls on sale units will be consistent with N.J.A.C. 5:93-9.11; and

The regulations detailed in N.J.A.C. 5:93-9.12-9.14 will be applicable to low and moderate income units that are sale units.

Low and moderate income units will be built in accordance with N.J.A.C. 5:93-5.6(d):

A design of inclusionary developments that integrates low and moderate income units with market units is encouraged as per N.J.A.C. 5:93-5.6(e).

In addition, the Department of Community Affairs will be responsible for utilizing the verification and certification procedures outlined in N.J.A.C. 5:93-9.1(b) in placing households in low and moderate income units; and

Newly constructed low and moderate income sales units will remain affordable to low and moderate income households for at least 30 years. The Department of Community Affairs will require all conveyances of newly constructed units to contain the deed restriction and mortgage lien adopted by COAH and referred to as Technical Appendix E as found in N.J.A.C. 5:93; and

Housing units created through the conversion of a nonresidential structure will be considered a new housing unit and will be subject to thirty-year controls on affordability. The Department of Community Affairs will require COAH's appropriate deed restriction and mortgage lien.

Rehabilitated owner-occupied single-family housing units that are improved to code standard will be subject to affordability controls for at least six years; and

Rehabilitated renter-occupied housing units that are improved to code standard will be subject to affordability controls for at least 10 years; and

Newly constructed low and moderate income rental units will remain affordable to low and moderate income households for at least 30 years. The Department of Community Affairs will require the deed restriction and lien and deed of easement referred to as Technical Appendix H as found in N.J.A.C. 5:93; and

Affordability controls in accessory apartments will be for a period of at least 10 years, except if the apartment is to receive a rental bonus credit pursuant to N.J.A.C. 5:93-5.13, then the controls on affordability will extend for 30 years; and

Alternative living arrangements will be controlled in a manner suitable to COAH that provides assurances that such a facility will house low and moderate income households for at least 10 years except if the alternative living arrangement is to receive a rental bonus credit pursuant to N.J.A.C. 5:93-5.13, then the controls on affordability will extend for 30 years.

The affirmative marketing plan is a regional marketing strategy designed to attract buyers and/or renters of all majority and minority groups, regardless of sex, age or number of children, to housing units which are being marketed by a developer/sponsor, municipality and/or designated administrative agency of affordable housing. The plan will address the requirements of N.J.A.C. 5:93-11. In addition, the plan prohibits discrimination in the sale, rental, financing or other services related to housing on the basis of race, color, sex, religion, handicap, age, familial status/size or national origin. The Borough of Ringwood is in the housing region consisting of Housing Region 1, Sussex, Passaic, Bergen and Hudson Counties. The affirmative marketing program is a continuing program and will meet the following requirements:

All newspaper articles, announcements and requests for applications for low and moderate income units will appear in the following daily regional newspapers/ publications:

The primary marketing will take the form of at least one press release sent to the above publications and a paid display advertisement in each of the above newspapers. Additional advertising and publicity will be on an "as needed" basis.

The advertisement will include a description of the:

Street address of units;

Direction to housing units;

Number of bedrooms per unit;

Range of prices/rents;

Size of units;

Income information; and

Location of applications including business hours and where/how applications may be obtained.

All newspaper articles, announcements and requests for applications for low and moderate income housing will appear in the following neighborhood-oriented weekly newspapers, religious publications and organizational newsletters within the region:

The following regional radio and/or cable television stations will be used:

The following is the location of applications, brochure(s), sign(s), and/or poster(s), used as part of the affirmative marketing program including specific employment centers within the region:

The Borough Manager or his/her designee will be the community contact person(s) in Passaic County that will aid in the affirmative marketing program with particular emphasis on contacts that will reach out to groups that are least likely to apply for housing within the region.

Quarterly flyers and applications will be sent to each of the following agencies for publication in their journals and for circulation among their members: Board of Realtors in Sussex, Passaic, Bergen and Hudson counties.

Applications will be mailed to prospective applicants upon request.

Additionally, quarterly informational circulars and applications will be sent to the chief administrative employees of each of the following agencies in the counties of Sussex, Passaic, Bergen and Hudson:

The following is a description of the random selection method that will be used to select occupants of low and moderate income housing: as per the Department of Community Affairs guidelines and regulations.

The Department of Community Affairs is the agency under contract with the Borough of Ringwood to administer the affirmative marketing program. The Department of Community Affairs has the responsibility to income qualify low and moderate income households; to place income eligible households in low and moderate income units upon initial occupancy; to provide for the initial occupancy of low and moderate income units with income qualified households; to continue to qualify households for reoccupancy of units as they become vacant during the period of affordability controls; to assist with advertising and outreach to low and moderate income households; and to enforce the terms of the deed restriction and mortgage loan as per N.J.A.C. 5:93-9.1. The Borough Manager or his/her designee within the Borough of Ringwood is the designated housing officer to act as liaison to the Department of Community Affairs. The Department of Community Affairs will provide counseling services to low and moderate income applicants on subjects such as budgeting, credit issues, mortgage qualification, rental lease requirements and landlord/tenant law.

Households who live or work in the COAH-established housing region may be given preference for sales and rental units constructed within that housing region. Applicants living outside the housing region will have an equal opportunity for units after regional applicants have been initially serviced. The Borough of Ringwood intends to comply with N.J.A.C. 5:93-11.7.

All developers of low and moderate income housing units will be required to assist in the marketing of the affordable units in their respective developments.

The marketing program will commence at least 120 days before the issuance of either temporary or permanent Certificates of Occupancy. The marketing program will continue until all low and moderate income housing units are initially occupied and for as long as affordable units are deed restricted and occupancy or reoccupancy of units continues to be necessary.

The Department of Community Affairs will comply with monitoring and reporting requirements as per N.J.A.C. 5:93-11.6 and 5:93-12.1.

Special Residence District (SRD)-Block 1100, Lot 1.

Special Residence District (SRD)-Block 902, Lots 1.01 and 1.02.