West Orange City Zoning Code
§ 25-18.20
Household Certification and Referral; Related Project Information.
[Ord. No. 2357-12 § 25-18.20; amended 10-10-2020 by Ord. No. 2619-20]
No household may be referred to a restricted unit, or may receive a commitment with respect to a restricted unit, unless that household has received a signed and dated certification and has executed a certificate.
a.
The sources of income considered by the administrative agent shall be the types of regular income reported to the Internal Revenue Service and which can be used for mortgage loan approval.
b.
If the applicant household owns a primary residence with no mortgage on the property valued at or above the regional asset limit as published annually, a certificate of eligibility shall be denied unless the applicant's existing monthly housing costs exceed 38% of the household's eligible monthly income.
c.
The administrative agent shall employ a random selection process when referring households for certification to affordable units.
