52:27D-321.4 Definitions relative to online marketing of affordable housing units.
145 words·~1 min read·
/nj/title-52/chapter-27d/52-27d-321-4·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
2. As used in P.L.2020, c.51 (C.52:27D-321.3 et seq.):
"Affirmative marketing plan" means a regional marketing strategy designed to attract buyers, renters, or both to housing units which are being marketed by a developer or sponsor of affordable housing. An affirmative marketing plan shall target eligible persons who are least likely to apply for affordable units in the region.
"Agency" means the Housing and Mortgage Finance Agency established pursuant to section 4 of the "New Jersey Housing and Mortgage Finance Agency Law of 1983," P.L.1983, c.530 (C.55:14K-4).
"Development" means any residential development in which housing for very low-, low-, or moderate-income households is required, including developments receiving credit in a municipal housing element and fair share plan or otherwise approved by the council or court, or in which such housing is required via land use approvals from any municipal land use board.
L.2020, c.51, s.2.