Town Will Require Developers to Ante Up

EATONTOWN, NJ-Under a city ordinance, money will go into an account for affordable housing.

By Eric Peterson | October 03, 2000 at 01:01 AM

The ordinance resulted from ongoing litigation between Weston Associates and the borough over affordable housing. Weston wants to build 400 units near Monmouth Mall, but its affordable housing responsibilities were at issue because the borough has no affordable housing plan. A court-appointed planner had recommended that existing ordinances be revamped to clarify developers' responsibilities in such cases.

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