Twenty percent of all units shall be set aside for low- (including very-low-) and moderate-income households, regardless of tenure, for all new multi-family residential developments of five units or more The mandatory set aside shall not apply to residential expansions, additions, renovations, replacement, or any other type of residential development that does not result in a net increase in the number of dwellings of five or more.

Based on a maximum density of 35 units per acre and the 20% mandatory set-aside, the affordable housing yield will be a total of 28 units. A total of four such units shall be set aside for very-low-income households.

Affordable units shall be governed by deed restrictions ensuring long-term affordability controls in accordance with Chapter 23, Affordable Housing.

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.

All affordable housing units shall ultimately be rental. 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.