the staff of the Ridgewood blog
Ridgewood NJ, the Village of Ridgewood has negotiated a pending settlement that outlines what the village’s obligation is, in terms of units of Affordable Housing of 55 instead of 838 , all to have been located in the Central Business District.
Wanting immunity from potential developers’ lawsuits, the village is proposing to increase the density of some zones and to create a redevelopment plan for The Valley Hospital site.
Instead of the courts forcing 838 units on the Village of Ridgewood , the Village will adopt a new amended zoning with redevelopment in mind, creating affordable housing opportunities.
This means that increasing the permitted density in the B1 and B2 downtown districts by six to 18 units per acre and North Maple/Goffle Avenue B2 districts to permit 12 and 20 units per acre. In addition, an AH3 district will be created with graduated 14 to 18 units per acre density near Racetrack Road and Route 17.
There will also be a mandatory set-aside ordinance for incoming development to include 20 percent affordable units if the project obtains a use variance. All these increased densities are far lower than the high density housing the Aronsohn Administration agreed to for the Central Business District.
Existing Affordable Housing
Ridgecrest Apartments – 12 units
Woodside Gardens – 4 units
Broadway Condominiums – 4 units
Approved development projects
KS Broad – 9 off-site affordable (provided at Enclave), 60 market-rate units
The Enclave – 6 affordable, 39 market-rate units
Ridgewood Dayton – 14 affordable, 93 total units
Two Forty/Chestnut Village – 7 affordable, 43 total units ( this is being disputed by owner )
