Fair Housing

A NJ real estate developer who plans to build a 200-unit residential complex must consider affordable housing set-aside requirements under:

AThe NJ ANCHOR program
BCOAH regulations and the Fair Housing Act of 1985 implementing Mount Laurel✓ Correct
CFederal Section 8 voucher programs
DThe NJ Condominium Act

Explanation

NJ developers of large residential projects in municipalities with Mount Laurel/COAH obligations typically must provide 15–20% of units as affordable housing (or make an equivalent payment-in-lieu), as required by municipal affordable housing ordinances.

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