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West Caldwell City Zoning Code

§ 20-9F.5

Affordable Housing Requirements.

[Added 6-15-2021 by Ord. No. 1838-2021]
a. 
Fifteen percent of all rental units and 20% of all for-sale units shall be set aside for low (including very-low) and moderate income households.
b. 
Affordable units shall be governed by deed restrictions ensuring long-term affordability controls in accordance with Chapter 23, Affordable Housing.
c. 
The development, unit distribution, and marketing of all affordable units shall be undertaken consistent with Chapter 23, Affordable Housing, and all other applicable law, rules, and regulations, including applicable COAH regulations, the Fair Housing Act, and its requirement that at least 13% of all affordable units associated with this project be made affordable to very-low income households.
d. 
The developer shall be responsible for all costs associated with the initial rental of the affordable units, and for the continuing administration of the affordable units and the preservation of the creditworthiness of the units.