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15 Cards in this Set
- Front
- Back
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Ratio of market-rate to affordable housing units for COAH 3rd round rules obligation
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8:1
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Ratio of jobs created to affordable housing units for COAH 3rd round rules obligation
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25:1
As measured by new or expanded non-residential construction |
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% cap on development fees (as a source of funding for an RCA) in COAH 3rd round
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1% (for residential development)
2% for non-residential development The development fee ordinance requires COAH review |
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COAH 3rd Round "Growth Share" Methodology Requirements (consistent w/ SDRP)
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Affordable housing must be provided (in appropriate locations) in proportion to overall residential and non-residential growth
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"Affordable housing" homeowners pay what % of gross income on housing costs?
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28%
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"Affordable housing" renters pay what % of gross income on housing costs, including base rent and utilities?
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30%
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What % of all affordable rental units must be affordable to households earning 35% or less of median income?
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At least 10%
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What components comprise the municipal affordable housing obligation (1987-2014)?
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The obligation is cumulative:
- Rehabilitation share (2000) - Prior round obligation (1987-1999) - Growth share (1999-2014) |
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What is the objector period for filing an objection to a COAH housing element?
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45 days from publication of legal notice in newspaper with countywide circulation
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What is a certificate of occupancy (CO)?
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A procedure (by a building inspector) to ensure that apartments meet code standards before they are rented
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What is a regional contribution agreement (RCA)?
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A contractual arrangement between a sending municipality and a receiving municipality for up to 50% of the sender's COAH fair share obligation of affordable housing ($35,000 per unit)
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What is a "housing element"?
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That portion of a municipality's MP, consisting of reports, statements, proposals, maps, diagrams and text, designed to meet the municipality's fair share of the region's present and prospective housing needs, particularly with regard to low- and moderate-income housing
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Length of time after COAH approval that a municipality must adopt the appropriate housing element amendments, fair share plan implementing ordinance, and/or other ordinances necessary to meet COAH conditions
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45 Days
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What is the "Fair Share"?
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The number of low-and moderate-income housing units, calculated using a formula prescribed by the State Supreme Coart (Mt Laurel II), that a municipality must strive to create within a specific Certification period
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What is a "Fair Share Plan"?
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A form that may be readily converted into an ordinance by which a municipality proposes to satisfy its obligation to create a realistic opportunity to meet the low- and moderate- income housing need of its region, and which details the affirmative measures the municipality proposes to undertake to achieve its fair share of as provided in Sections 9 and 14 of the Fair Housing Act
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