Creation and Composition. There is hereby created the Senior Citizens/Family Affordable Housing Agency of the Township of Weehawken (which may also be referred to as the Affordable Housing Agency or SCFAHA). These affordable housing regulations shall be administered, within the funding limits allocated by the Township Council, by the Senior Citizens/Family Affordable Housing Agency, which shall consist of all of the members of the Board of Trustees of the Weehawken Senior Housing Corporation (WSHC) and all of the members of the Board of Trustees of the Weehawken Senior Housing Rehabilitation Corporation (WSHRC) from time to time. The term of each member of the SCFAHA shall be coextensive with his or her term as a member of the WSHC or of the WSHRC, as the case may be, and therefore, shall terminate immediately upon the termination of his or her membership thereon; provided, however, that such member shall continue to serve in office as a member of the SCFAHA until a successor has been appointed and qualified. Vacancies shall be filled for the balance of an unexpired term only.