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 Zoing and Land Use Resolutions" to include a new Chapter entitled "Inclusionary Zoning for Affordable Housing." requiring new residential development which consists of thirty (30) or more units to receive variance relief to set aside 20% of the total residential units in the development 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
Additional Information:
Failed 7R2-L (s/as) 112916
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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, Newark 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, the Municipal Council, pursuant to N.J.S.A. 40:55D-62, may adopt or amend a Zoning Ordinance relating to the nature and extent of the uses of land and of buildings and structures thereon; and
WHEREAS, the Municipal Council, through the Department of Economic and Housing Development and its Outside Counsel have drafted a Proposed Amendment to the City's Zoning Ordinance, which requires new residential development, which consists of thirty (30) or more uni...
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