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ORDINANCE OF THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK ESTABLISHING THE ACCESSORY DWELLING UNIT ASSISTANCE PROGRAM AND AUTHORIZING THE USE OF FEDERAL PRO HOUSING GRANT FUNDS.
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WHEREAS, the City of Newark (the "City") has identified the expansion and preservation of affordable housing opportunities as a critical municipal objective; and
WHEREAS, the City has previously adopted zoning and land use regulations governing accessory dwelling units ("ADUs") within the City of Newark; and
WHEREAS, the City recognizes that ADUs may assist low- and moderate-income homeowners in offsetting housing cost burdens through lawful rental income while simultaneously increasing the supply of safe and affordable housing opportunities within the City; and
WHEREAS, the United States Department of Housing and Urban Development ("HUD") awarded the City grant funding under the Pathways to Removing Obstacles to Housing Program ("PRO Housing Program"); and
WHEREAS, the PRO Housing Program is authorized pursuant to Section 107 of the Housing and Community Development Act of 1974, as amended, 42 U.S.C. ? 5307, and administered pursuant to applicable federal statutes, regulations, notices, waivers, and guidance, including 24 C.F.R. Part 570 and 2 C.F.R. Part 200; and
WHEREAS, the City desires to establish an Accessory Dwelling Unit Financial Assistance Program (the "Program") to provide financial assistance to eligible property owners for the lawful construction, creation, rehabilitation, conversion, and improvement of accessory dwelling units within the City; and
WHEREAS, the Municipal Council finds that the establishment of the Program serves a valid public purpose by increasing housing availability, supporting neighborhood stabilization, promoting code-compliant residential development, and advancing the City's affordable housing and community development objectives.
NOW, THEREFORE, BE IT ORDIANED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:...
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