This article of the Zoning Code of the Borough of Laurel Springs sets forth mechanisms by which developers shall provide for a fair share of affordable housing based on growth that is associated with development taking place within the Borough.
A.
Residential development. Except as exempted herein, all residential development in all zoning districts in the Borough that results in a net increase in market-rate dwelling units in accordance with N.J.A.C. 5:94-1 et seq.,[1] shall be subject to the growth share provisions of this article.
[1]
Editor's Note: The provisions of N.J.A.C. 5:94 expired 9-11-2016.
B.
Nonresidential development. Except as exempted herein, all nonresidential development in all zoning districts in the Borough that results in a net increase in gross floor area of any existing nonresidential structure, or the construction of a new nonresidential structure in accordance with N.J.A.C. 5:94-1 et seq., shall be subject to the growth share provisions of this article.