17-21 Exhibit - Endorsing the Housing Element and Fair Share Plan adopted by the West Orange Planning Board and Authorizing Public.pdf

offices, retails and other commercial. The site has access from Mt. Pleasant Avenue The site is developable in that there is a planning board resolution of August 7, 2019. Construction is to begin in 2022. Exhibit W. V. Additional Compliance Mechanisms As stated above, the RDP of 421 units subtracted from the Third Round Obligation of 954 units, results in an unmet need of 533 units. The unmet need is further reduced by 54 existing age-restricted units at Woodland Valley Senior Homes, the remaining 47 units of credit from the Library site and the 32 surplus units that West Orange has included in addressing the RDP. As a result,the Township’s remaining unmet need is 397 units. As_per the terms and conditions of the FSHC Settlement Agreement, the Township is utilizing the following mechanisms to address unmet need: 1. K-Mart/Whole Foods Shopping Center (Block 152.01, Lots 1445 and 1445.05) Located. at the corner of Eagle Rock and Prospect Avenues, the lot is 32.32 acres and is currently zoned P-C Planned Commercial. West Orange Plaza is the current owner. West Orange will place a mixed- use overlay zone permitting commercial/ retail on the first floor and up to three stories of residential above. The residential density will permit up to 16 du/acre and require a 20 percent set- aside. Exhibit X; Adopted 10/20/2020. 2. Mayfair Farms Site (Block 152.01, Lot 1445.01) Located at 481 Eagle Rock Avenue, the lot contains 11.07 acres and is currently zoned B-2 Business. West Orange will place a mixed- use overlay zone on the site permitting commercial/retail on the first floor and up to three stories of residential above. West Orange will place overlay zoning of up to 16 du/acre with a 20 percent set-aside on the site. Exhibit X; Adopted 10/20/2020. 3. Redwood (Block 151, Lot 33) Located at 200 Pleasant Valley Way, the lot contains 5.91 acres and is currently zoned R-2 Single Family Residential. Redwood LLC, C/o Pagano Real Esate is the current owner. West Orange has placed overlay zoning permitting up to 142 total units at 24 du/acre with a 20 percent set-aside on the site. The set-aside may either include 28 on-site affordable units and a payment in lieu of $59,473.20 or 29 on- site affordable units. Exhibit Y; Adopted 10/20/2020. 4. Mandatory Set-Aside Ordinance- The Township has adopted an ordinance requiring a mandatory affordable housing set-aside for all

3.20 or 29 on- site affordable units. Exhibit Y; Adopted 10/20/2020. 4. Mandatory Set-Aside Ordinance- The Township has adopted an ordinance requiring a mandatory affordable housing set-aside for all new multifamily residential developments of five units or more. The set-aside for rental and for sale developments will be 20 percent. The provisions of the ordinance will not apply to residential expansions, additions, renovations, replacements, or any other type of residential development that does not result in a net increase in the number of dwellings of five or more units. Exhibit DD; Adopted 10/20/2020. In addition to the above, West Orange has identified the following areas where affordable housing may be produced in the future. 4852-5689-4161, v. 1