238 26 Exhibit B Affordable Housing Agmt Exhibit C Draft Ordinance

rounded down, and a payment in lieu of construction to the Township's affordable housing trust fund is required to meet the obligation. The required subsidy for the payment in lieu option is $180,000 per unit. The payment in lieu shail be payable as a condition of, and no later than, issuance of the first residential certificate of occupancy. i. At twelve (12) total residential units, this equates to 2.4 affordable units. Accordingly, the Project shail include two (2) on site Affordable Units, and the remaining 0.4 fraction amounts to a payment in lieu of $72,000. 4, Bedroom Distribution: The affordable units shall be constructed in accordance with the Uniform Housing Affordability Controls (UHAC) at N.J.A.C. §:80-26.1 et seq., as outlined below: i, No more than 20 percent of all affordable units are one-bedroom units; il, Atleast 30 percent of all affordable units are two-bedroom units; and iii, Atleast 20 percent of all affordable units are three-bedroom units. &. impervious Coverage: i. Maximum Impervious Lot Coverage: 85% 6. Building Coverage: i. Maximum Building Coverage: 75% 7. Maximum Building Height: 3 stories and 35 feet 8. Minimum Setbacks and Buffers: 1. Front Yard Setback (i.e., Main Street): 5 feet ii. Side Front Yard Setback (i.e., Park Drive North): 5 feet fil, Side Yard Setback: 5 feet iv. Rear Yard Setback: 8 feet 9. Location of Residential Lobby 1. The residential lobby shall be located at and accessed from the corner of the building near the intersection of Main Street and Park Drive North. Minimum Parking: 1. On-site requirement: 19 spaces 2, Off-site requirement: 5 spaces |. Access and Circulation 1. All access driveways to and from the property must be located along Park Drive North, Pedestrian warning devices for vehicles exiting the parking garage must be installed. Lighting Standards: 1, All proposed lighting in the AH-1 District shall comply with §25-14 “Lighting” of the Township's Ordinance. Landscaping, Walls, and Fences