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FlorenceGreen Risk
Closed

2018 Third Round Housing Element and Fair Share Plan

BID #: N/A
ISSUED: 4/1/2018
DUE: 7/1/2025
VALUE: TBD
100
Rating

Risk Rank

Green Risk

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Executive Summary

This document is the 2018 Third Round Housing Element and Fair Share Plan for Florence Township, Burlington County, New Jersey. It outlines the township's strategy for addressing affordable housing obligations in accordance with the New Jersey Fair Housing Act and the terms of a Court-approved Settlement Agreement with the Fair Share Housing Center (FSHC). The plan details how Florence Township intends to meet its Rehabilitation Share, Prior Round obligation, and Third Round fair share obligation, primarily through a combination of regional contribution agreement (RCA) credits, the development of 100% affordable housing projects, inclusionary zoning, and a market to affordable program, alternative living arrangements and third round rental bonuses. The plan covers the period from 1999 to 2025, with a focus on achieving a Judgment of Compliance and Repose to ensure protection from exclusionary zoning lawsuits.

Detailed Risk Breakdown

local preference

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performance bond

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liquidated damages

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Quick Actions

Contacts

Karen Federico

Board Clerk

Nancy L. Erlston

Clerk

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Timeline

First Discovered

Apr 1, 2026

Last Info Update

Apr 1, 2026

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2018 Third Round Housing Element and Fair Share Plan — Florence | MuniBidder