Article 15 Housing Affordability Controls | |||||||
33-15 PURPOSE, APPLICABILITY AND GENERAL PROVISIONS.
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The purpose of this Article is to implement the Uniform Housing Affordability Controls (N.J.A.C. 5:80-26.1 et seq.) and the regulations of the New Jersey Council on Affordable Housing (N.J.A.C. 5:94-1 et seq.), as they may be amended or superseded. The article is designed to implement the New Jersey Fair Housing Act (N.J.S.A. 52:27D-301 et seq.) by assuring that affordable housing created under the Act is occupied by low- and moderate-income households for the appropriate period of time. The words, phrases, and terms herein shall be interpreted to have the same meanings and usages as in the Act and related regulations. (Ord. No. O-06-04 § 1) | |||||||
33-15.1 Affordability Average; Bedroom Distribution.
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a. In each affordable development, at least fifty (50%) percent of the restricted units within each bedroom distribution shall be low-income units and the remainder may be moderate-income units.
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b. Affordable developments that are not age-restricted shall be structured in conjunction with realistic market demands such that:
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1. The combined number of efficiency and one-bedroom units is no greater than twenty (20%) percent of the total low- and moderate-income units;
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2. At least thirty (30%) percent of all low- and moderate-income units are two-bedroom units;
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3. At least twenty (20%) percent of all low- and moderate-income units are three-bedroom units; and
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4. The remainder, if any, may be allocated at the discretion of the developer.
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c. Age-restricted low- and moderate-income units may utilize a modified bedroom distribution. At a minimum, the number of bedrooms shall equal the number of age-restricted low- and moderate-income units within the affordable development. The standard may be met by creating all one-bedroom units or by creating a two-bedroom unit for each efficiency unit.
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d. The maximum rent for affordable units within each affordable development shall be affordable to households earning no more than sixty (60%) percent of median income and the average rent for low- and moderate-income units shall be affordable to households earning no more than fifty-two (52%) percent of median income. The developers and/or municipal sponsors of restricted rental units shall establish at least one (1) rent for each bedroom type for both low-income and moderate-income units, provided that at least ten (10%) percent of all low- and moderate-income units shall be affordable to households earning no more than thirty-five (35%) percent of median income.
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e. The maximum sales price of restricted ownership units within each affordable development shall be affordable to households earning no more than seventy (70%) percent of median income. Each affordable development shall achieve an affordability average of fifty-five (55%) percent for restricted ownership units. In achieving this affordability average, moderate-income ownership units shall be available for at least three (3) different prices for each bedroom type, and low-income ownership units shall be available for at least two (2) different prices for each bedroom type.
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f. Affordable units shall utilize the same type of heating source as market units within the affordable development.
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g. The facade of an affordable housing unit shall be indistinguishable from those of market units in terms of the use of exterior materials, windows, doors, reveal, roof pitch, color, or other material. Affordable housing units shall be interspersed with market rate housing to the greatest extent possible.
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h. The provisions of this section shall not apply to affordable developments financed under UHORP or MONI or to assisted living residences, which shall comply with the applicable New Jersey Housing Mortgage Finance Agency policies, guidelines and regulations.
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(Ord. No. O-06-04 § 1) | |||||||