Planning Board Resolution Memorializing the HEFSP #20-08

7. Habitat for Humanity Newark Inc. has two for-sale family units located at 112 Whittlesey Avenue, Unit 1 and Unit 2. The first home was occupid in 2007 and the second in 2013. A copy of the deed restrictions is in in Exhibit _L.. 8. West Orange is claiming 57 rental bonuses. IV. ADDRESSING WEST ORANGE’S ROUND 3 OBLIGATION It should be noted that West Orange received Third Round substantive certification from COAH on December 9, 2009. That certification was subsequently invalidated. As per the terms of the FSHC Settlement Agreement, the Township’s Round 3 (1999-2025) Obligation is 421 units as the result of a vacant land adjustment (VLA). The initial obligation was 954 units. However, with the VLA, the realistic development potential (RDP) became 421 units. West Orange has a 533 unit unmet need. Exhibit J. Round 3 caps are as follows: 1. Age Restricted Cap = 105 2. Rental Obligation = 106 3. Rental Bonus Cap = 106 West Orange intends to address this obligation with the following: Name of Development #of | Bonus | Total Status _ Units Federation Plaza (age-restricted) 42 0 42 Completed Wedgewood Avenue (supportive housing) 2 0 2 Completed Dogwood Drive (supportive housing) 4 0 4 Completed Pleasant Valley Way (supportive housing) 6 0 6 Completed Washington Street ( family rental) 3 0 3 Completed 152 Main Street (family rental) 3 0 3 Completed 158 Main Street (family rental) 3 0 3 Completed St. Cloud- Prism (supportive housing) 4 0 4 Completed Forest Avenue (supportive housing) 4 i) 4 Completed Valley Road Residential (family rental) 55 55 110 Completed West Essex Highlands (family rental) 100 51 151 | Developer’s Agreement —_ finalized Selecto Flash (family rental) 17 0 17 Redevelopment Plan; pending developer’s agreement Executive Drive Block 155, Lot 40.03 23) 0 23 Redevelopment Plan; (family rental) Rooney Circle: vacant pending developer’s 7 4852-5689-4161, v. 1