Land Use & Zoning
NJ municipalities may adopt a 'development fee' ordinance that requires developers of non-residential projects to:
APay fees to the NJREC
BContribute to the municipality's affordable housing trust fund based on the cost of construction✓ Correct
CBuild affordable housing units in their commercial projects
DPay an environmental impact fee to the NJ DEP
Explanation
Under COAH-related legislation, NJ municipalities may require non-residential developers to contribute to the local affordable housing trust fund, typically calculated as a percentage of the equalized assessed value of the new commercial development.
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