[Added 7-13-2020 by Ord. No. 2020-17]
The Affordable Housing Overlay Zones are to provide a realistic opportunity for the construction of affordable housing pursuant to the New Jersey Fair Housing Act and thereby comply with the municipality's constitutional obligation to provide such housing for low- and moderate-income households. More specifically, the AHO-1 and AHO-2 zones are established to incentivize redevelopment consisting of multi-family residential uses, with an affordable housing set-aside, along with ground-level retail, service, commercial and office uses to reinforce the existing development pattern of the corridor defined, primarily, by Nassau Street. The AHO-3 Zone is established to incentivize redevelopment consisting of multi-family residential uses with an affordable housing set-aside.