Ordinance #2026-02 Fourth Round Affordable Housing Summary & Full Detail – Introduction (pdf)

Ordinance 2026-02 for the Borough of Spring Lake Heights establishes regulations for very low-, low-, and moderate-income housing units, ensuring affordability controls over time and occupancy by eligible households. It applies to inclusionary developments, individual affordable units, and 100% affordable housing developments. The ordinance also updates residential and non-residential development fees related to the borough's affordable housing trust fund, aligning them with current statutory and regulatory requirements. The public hearing for this ordinance is scheduled for March 2, 2026, at 7:00 pm in the Council Meeting Room.