Planning Board Resolution Memorializing the HEFSP #20-08

FEDERAL GOVT TOTALS 4 59 STATE GOVT TOTALS 4 68 LOCAL GOVT TOTALS 4 1,684 West Orange has been active in redeveloping portions of its downtown and other areas of the community. The type of employment activity most likely to result is in retail and the service industry while office and manufacturing employment will likely continue to decline. For example, three existing office buildings on Executive Drive are being fully or partially replaced by residential and public uses, while the adjacent Essex Green Shopping Center has been approved for modernization and expansion. It is anticipated that healthcare employment will grow as well due to recently approved projects, proximity to Saint Barnabas Medical Center and expansion of existing healthcare facilities. Vv. TOTAL OBLIGATION FROM PRIOR ROUNDS A. Rehabilitation Share West Orange has a 305- unit rehabilitation obligation. B. Total Obligation from Prior Rounds West Orange has a total obligation from Prior Rounds of 226 units. VI. PROSPECTIVE NEED OBLIGATION West Orange has a 954- unit Third Round Obligation from 1999 through 2025. The 954 was reduced to a realistic development potential (RDP) of 421 units due to a vacant land adjustment.