Supporting Documentation · Nov 10, 2024
Draft_October 2025_West Orange_HEFSP_with Appendices
8cc4336a49563e60aff1fbef6e7a71a52d9114761e55ff472121fb6c568c7b40Indexed text · page 223
Show all pagesKMA ILE +AKCAAMUS ASSOCIATES, Satisfaction of the 421-unit Third Round RDP > . ‘ 2 . Bonus = To’ Project E Units tal Status & Comments Credits Credits a w ~ SS 106 453 Total 347 Surplus 32 The Township provided adequate evidence of compliance for the majority of third round RDP strategies, including but not limited adopted zoning and affordability controls. However, inadequate information has been submitted for the following strategies. The Township should submit the missing information to confirm eligibility for credit. * Selecta Flash. Seventeen affordable units will be created by the developer on a property (Block 6, Lot 36.01) owned by the Township. The Township will convey the property for development of the affordable housing. The agreement outlining the roles and responsibility of each party is not yet executed. The Township should submit the executed contract to confirm eligibility for credit. @ Executive, Drive: Block 155, Lot 40.03. Information was not submitted on this, strategy. The Township should submit the adopted Redevelopment Plan and Agreement between the developer and Township. The Township's satisfaction of the third round RDP meets the applicable requirements for minimum rental units, maximum senior unlts, and the proper mix of income and bedroom distribution. The Settlement Agreement sets forth how the Township will satisfy the unmet need with proposed strategies. The third round unmet need is quantified as $33 units (954-421}. The following provides an overview of the Township’s unmet need strategies. Satisfaction of the Third Round Unmet Need Project : Units Status & Comments Surplus Credits Various Township of West Orange | Dacket No.: ESX-1-4697-45 February 15, 2022 Compliance Hearing Page 7
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