The Planning Board was asked by the Township Committee a very narrow question: do each (or any) of the tracts owned by an intervenor in the affordable housing lawsuit meet the criteria of “in need of redevelopment” that is part of New Jersey law? The Planning Board was not asked whether they thought building any kind of housing on that land was a good idea, they were only asked whether the land in question met the criteria. In each case, the Planning Board found that they did.
What a Redevelopment Plan does is give the Township a larger degree of control over how the development will be built on the land owned by the intervenors, what it will look like and how we can ensure it best benefits our existing residents. Through Redevelopment, we will direct the projects to contain such things as sidewalks, bike paths and commercial ratables, landscaping to minimize the visual impact of the structures and other green infrastructure like solar-ready roofs and cutting-edge storm water management features.
Being in a redevelopment area also makes any affordable units eligible for bonus credits, reducing the net number of units needing to be built, and PILOT (Payment in Lieu of Taxes) programs, which could benefit our residents financially.