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Sea Girt City Zoning Code

§ 17-5.26.4.4

Affordable Housing Programs.

[Added 3-13-2024 by Ord. No. 05-2024]
a. 
Phasing. Inclusionary developments shall be subject to the following schedule, except where an alternate phasing schedule has been incorporated into a development or redevelopment agreement:
Minimum Percentage of Low- and Moderate-Income Units Completed
Maximum Percentage of Market-Rate Units Completed
0%
25%
10%
25% + 1 Unit
75%
75%
100%
90%
b. 
Fractional Units. If 20% of the total number of units in a development result in a fraction or decimal, the developer shall be required to provide an additional affordable unit on site.
Example: an eight-unit development requiring an affordable housing set-aside of 1.6 units is proposed. The developer is required to provide two on-site affordable units.
c. 
Design. In inclusionary developments, to the extent possible, low- and moderate-income units shall be integrated with the market units.
d. 
Utilities. Affordable units shall utilize the same type of heating source as market units within the affordable development.