West Orange Township_Fourth Round HEFSP_Final Draft

Township of West Orange August 2025 Essex County, New Jersey Draft Housing Element and Fair Share Plan ------------------------------------------------------------------------------------------------------------------------------------------------------------- PART 2: FAIR SHARE PLAN INTRODUCTION The following Fair Share Plan (“Plan”) details the Township’s Prior Round (1987-1999), Third Round (19992025), and Fourth Round (2025-2035) Prospective Need obligations, as well as the Township’s Fourth Round Present Need. This Plan proposes mechanisms by which the Township can realistically provide opportunities for affordable housing for those moderate-, low-, and very low- income households. CURRENT STANDARDS The below section details the current key standards applicable to the Township’s Fourth Round obligation including the various categories of credits. Age-Restricted Housing A municipality may not satisfy more than 30% of the affordable units, exclusive of bonus credits, to address its prospective need affordable housing obligation through the creation of age-restricted housing. Transitional Housing Transitional housing units, which will be affordable for persons of low- and moderate-income, were not previously categorized by the Fair Housing Act as a standalone housing type. The amended legislation includes such transitional housing units as a new category which may be included in the HEFSP and credited towards the fulfillment of a municipality’s fair share obligations. This is limited to a maximum of 10% of the municipality’s obligations. Veterans Housing Up to 50% of the affordable units in any particular project may be prioritized for low- and moderate-income veterans. Families with Children A minimum of 50% of a municipality’s actual affordable housing units, exclusive of bonus credits, must be made available to families with children. Rental Units A minimum of 25% of a municipality’s actual affordable housing units, exclusive of bonus credits, shall be satisfied through rental units. At least half of that number shall be available to families with children. Very-Low Income Requirement At least 13% of the housing units made available for occupancy by low-income and moderate-income houses shall be reserved for low-income households earning 30% or less of the median income pursuant to the Fair Share Housing Act, N.J.S.A. 52:27D-301, et seq. Half of the

-income and moderate-income houses shall be reserved for low-income households earning 30% or less of the median income pursuant to the Fair Share Housing Act, N.J.S.A. 52:27D-301, et seq. Half of the very low-income units will be made available to families with children. 38