Common use of COAH Housing Obligation Clause in Contracts

COAH Housing Obligation. (a) Redeveloper understands that construction of the Project will result in an affordable housing obligation under applicable COAH Regulations. Fifteen percent (15%) of the total residential units constructed shall be Affordable Units as further described herein, in conformity with the COAH Regulations, UHAC and all other Applicable Laws.

Appears in 2 contracts

Samples: Redevelopment Agreement, Redevelopment Agreement

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COAH Housing Obligation. (a) Redeveloper understands that construction of the Project will result in an affordable housing obligation under applicable COAH Regulations. Fifteen percent Redeveloper shall construct forty-four (15%44) Affordable Units as part of the total residential units constructed shall be Affordable Units Redevelopment Project as further described herein, including at Exhibit G attached hereto, in conformity with the COAH Regulations, UHAC and all other Applicable Laws.

Appears in 2 contracts

Samples: Redevelopment Agreement, Redevelopment Agreement

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