SEA GIRT — The Sea Girt Planning Board and Borough Council recently adopted the town’s fourth-round Housing Element and Fair Share Plan, prepared by Leon S. Avakian Consulting Engineers, based in Neptune.
Last year, the Department of Community Affairs (DCA) issued its new calculations for the fourth round of affordable housing obligations, in which each municipality is required to have a certain number of affordable units for very low-, low- and moderate-income levels.
Sea Girt’s fourth-round number, known as “unmet need,” was 73 units, determined by the Fair Share Housing Center based on factors such as income capacity, land capacity and nonresidental value.
Through a vacant land assessment, which municipalities with a low percentage of developable land are open to, the borough looks at a number of factors including vacant, tax-empt properties, farmland, etc., to discover if the total number of units can be decreased.
Following the vacant land adjustment, the “realistic development potential” for the borough is zero suitable sites available for development, and therefore, a new construction obligation or present need of zero units, according to the Housing Element and Fair Share draft shared with The Coast Star.
Check out our other Sea Girt stories, updated daily. And remember to pick up a copy of The Coast Star—on newsstands Thursday or online in our e-Edition.
Subscribe today! If you're not already an annual subscriber to The Coast Star, get your subscription today! For just $38 per year, you will receive local mail delivery weekly, with pages and pages of local news and online access to our e-edition on Starnewsgroup.com.