Sarah Nolan , Staff Writer, @sarnolan5:59 p.m. EST December 22, 2016
The borough’s affordable housing obligation would be cut from 278 units to 30 under the proposed agreement.
HO-HO-KUS — The borough will build 13 homes for low- to moderate-income residents and a developer will reduce the number of houses it builds in town as part of proposed settlement agreements announced by borough officials this week.
Borough Administrator William Jones shared overviews of the proposed agreements with the Fair Share Housing Center and Chamberlain Developers at a Borough Council meeting Tuesday “in the hopes of ending what has been a year of speculation and wild rumors that have carried on,” he said.
