Title
Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing (X) Amending
Type of Service: Resolution Endorsing Draft Ordinance
Purpose: Resolution referring the draft Ordinance amending Title 41, entitled the "Newark Zoning and Land Use Regulations" Chapter 21, "Inclusionary Zoning for Affordable Housing" to the Newark Central Planning Board for review and recommendation as required by N.J.S.A. 40:55D-26 in accordance with N.J.S.A. 40:55D-64.
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WHEREAS, Newark's Master Plan recognizes that "the region's housing growth is already shifting to urban centers like Newark," that "for the first time in more than a century, Newark is now a growing City," and "providing housing of choice to more of the region's middle and upper income households who will support Newark's growing economy, strengthen the City's fiscal health, and help Newarkers of all types, ages, and income levels find quality homes"; and
WHEREAS, the City of Newark (the "City") wishes to ensure that as the City grows and attracts new market rate residential development, that it also provides a realistic opportunity for the City to meet or exceed its fair share of the region's affordable housing need; and
WHEREAS, on October 4, 2017, the Municipal Council adopted Ordinance 6PSF-b establishing inclusionary zoning for affordable housing (the "IZO Ordinance"); and
WHEREAS, on July 26, 2022 the Municipal Council adopted Ordinance 6PSF-b(S) amending and supplementing the IZO Ordinance; and
WHEREAS, the City wishes to further ensure a fair and uniform process for the selection of eligible households for affordable housing as required by the IZO Ordinance; and
WHEREAS, the Mayor of the City of Newark and Municipal Council are desirous of amending the IZO Ordinance; and
WHEREAS, the Municipal Council, pursuant to N.J.S.A. 40:55D-62, may adopt or amend a Zoning Ordinance relating to th...
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