Tenafly City Zoning Code

A minimum of 20% of the total number of units shall be set-aside for very-low-, low- and moderate-income units regardless of whether said units are for sale or for rent. When calculating the required number of affordable units, any computation resulting in a fraction of a unit shall be rounded upwards to the next whole number.

All very-low-, low- and moderate-income housing units shall be in conformance with the requirements of the New Jersey Fair Housing Act, N.J.S.A. 52:27D-301 et seq. ("FHA"); applicable requirements of the Courts of the State of New Jersey; and all applicable regulations on affordability controls and other regulations of the New Jersey Housing and Mortgage Finance Agency ("NJHMFA") including, without limitation, the Uniform Housing Affordability Controls, N.J.A.C. 5:80-26.1 et seq. ("UHAC").

Bedroom distribution of very-low-, low-, and moderate-income housing units. The bedroom distribution of very-low-, low-, and moderate-income units for affordable units constructed in the MF-I-2 District shall be as follows:

Very-low-, low- and moderate-income unit split. At least 50% of the affordable units will be available to very-low-income and low-income households and the remainder of which will be available to moderate-income households as defined in the FHA and UHAC and other applicable statutes and regulations. A minimum of 13% of the affordable units will be made available to very-low-income households, defined as households earning 30% or less of the regional median income by household size.

Procedures regarding affirmative marketing of very-low-, low-, and moderate-income units and other requirements of inclusionary development units are subject to and determined by UHAC rules or other rules determined appropriate by the court.