West Long Branch City Zoning Code
§ 18-6.7
Affordable Housing Inclusionary Component / Blanket Provision.
[Ord. #O-12-20, S 5]
a.
Applicability. This subsection of the West Long Branch Zoning Regulations sets forth mechanisms by which developers shall provide for a fair share of affordable housing based on growth that is associated with development taking place within West Long Branch in zones other than those zones which provide for mandatory or overlay inclusionary affordable housing development.
b.
Inclusionary Affordable Housing Provisions. Residential development in non-inclusionary and non-overlay zones which results in the construction of five or more new market-rate dwelling units at a density of six or more dwelling units per acre shall be required to provide an affordable housing inclusionary component consisting of the following:
1.
Developments that are for-sale developments shall provide 20% of the total number of dwelling units as affordable housing unit; and
2.
Developments that are rental developments shall provide 15% of the total number of dwelling units as affordable housing units.
3.
Developers may round down to the next lowest whole number when calculating the inclusionary affordable housing obligation.
4.
Affordable housing units shall be constructed, administered and occupied in accordance with the Borough Affordable Housing Regulations (Chapter XXXVI) and Affordable Housing Manual.
c.
Exemptions. Residential developments that received preliminary or final approval from the Planning Board and/or Board of Adjustment, as applicable, prior to the effective date of this subsection are hereby exempt from the inclusionary housing requirements of this subsection. (Subsection 18-6.7 was adopted December 5, 2012.)