{
    "document_id": 10422,
    "page": 43,
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    "item_count": 13,
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        "header": 2,
        "heading": 1,
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        "list_item": 8,
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    "items": [
        {
            "id": "p43.1",
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            "type": "header",
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            "text": "Jackson Township Council Meeting of January 25, 2022",
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            "type": "header",
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            "text": "Page 43 of 68",
            "attrs": {
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        },
        {
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            "bbox": {
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            },
            "text": "(9) Use of Funds",
            "attrs": {
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        {
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            "text": "(a)The expenditure of all funds shall conform to a Spending Plan approved by the Court. Funds deposited in the Affordable Housing Trust Fund may be used for any activity approved by the Court to address the Township of Jackson’s fair share obligation and may be set up as a grant or revolving loan program. Such activities include, but are not limited to: preservation or purchase of housing for the purpose of maintaining or implementing affordability controls; housing rehabilitation; new construction of affordable housing units and related costs; accessory apartments; a market to affordable program; Regional Housing Partnership programs; conversion of existing non-residential buildings to create new affordable units; green building strategies designed to be cost saving and in accordance with accepted national or State standards; purchase of land for affordable housing; improvement of land to be used for affordable housing; extensions or improvements of roads and infrastructure to affordable housing sites; financial assistance designed to increase affordability; administration necessary for implementation of the Housing Element and Fair Share Plan; and/or any other activity permitted by the Court and specified in the approved Spending Plan."
        },
        {
            "id": "p43.5",
            "order": 5,
            "type": "list",
            "bbox": {
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            "text": "",
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            "children": [
                {
                    "id": "p43.5.1",
                    "order": 6,
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                    "bbox": {
                        "l": 86.88,
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                        "r": 504.72,
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                    "text": "Funds shall not be expended to reimburse the Township of Jackson for past housing activities.",
                    "marker": "(b)"
                },
                {
                    "id": "p43.5.2",
                    "order": 7,
                    "type": "list_item",
                    "bbox": {
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                    "text": "At least 30 percent of all development fees collected and interest earned on such fees shall be used to provide affordability assistance to very low-, low- and moderate-income households in affordable units included in the municipal Fair Share Plan. One-third of the affordability assistance portion of development fees collected shall be used to provide affordability assistance to very low-income households earning 30 percent or less of the regional median household income by household size for Housing Region 4, in which Jackson is located.",
                    "marker": "(c)"
                },
                {
                    "id": "p43.5.3",
                    "order": 8,
                    "type": "list_item",
                    "bbox": {
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                        "t": 535.2,
                        "r": 507.12,
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                    },
                    "text": "[1] Affordability assistance programs may include down payment assistance, security deposit assistance, low interest loans, rental assistance, assistance with homeowners association or condominium fees and special assessments, and assistance with emergency repairs. The specific programs to be used for affordability assistance shall be identified and described within the Spending Plan."
                },
                {
                    "id": "p43.5.4",
                    "order": 9,
                    "type": "list_item",
                    "bbox": {
                        "l": 86.16,
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                        "r": 518.16,
                        "b": 367.68
                    },
                    "text": "[2] Affordability assistance to households earning 30 percent or less of the regional median household income by household size may include buying down the cost of low or moderate income units in the municipal Fair Share Plan to make them affordable to households earning 30 percent or less of median income. The specific programs to be used for very low income affordability assistance shall be identified and described within the Spending Plan."
                },
                {
                    "id": "p43.5.5",
                    "order": 10,
                    "type": "list_item",
                    "bbox": {
                        "l": 86.16,
                        "t": 356.64,
                        "r": 521.28,
                        "b": 299.28
                    },
                    "text": "[3] Payments in lieu of constructing affordable housing units on site, if permitted by Ordinance or by Agreement with the Township of Jackson, and funds from the sale of units with extinguished controls shall be exempt from the affordability assistance requirement."
                },
                {
                    "id": "p43.5.6",
                    "order": 11,
                    "type": "list_item",
                    "bbox": {
                        "l": 86.64,
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                        "r": 510.72,
                        "b": 244.08
                    },
                    "text": "(d)The Township of Jackson may contract with a private or public entity to administer any part of its Housing Element and Fair Share Plan, including its programs for affordability assistance."
                },
                {
                    "id": "p43.5.7",
                    "order": 12,
                    "type": "list_item",
                    "bbox": {
                        "l": 86.16,
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                        "r": 520.32,
                        "b": 160.8
                    },
                    "text": "(e)No more than 20 percent of all revenues collected from development fees may be expended on administration, including, but not limited to, salaries and benefits for municipal employees or consultants' fees necessary to develop or implement a new construction program, prepare a Housing Element and Fair Share Plan, and/or administer an affirmative marketing program or a rehabilitation program."
                },
                {
                    "id": "p43.5.8",
                    "order": 13,
                    "type": "list_item",
                    "bbox": {
                        "l": 86.16,
                        "t": 148.8,
                        "r": 475.92,
                        "b": 105.6
                    },
                    "text": "[1]In the case of a rehabilitation program, the administrative costs of the rehabilitation program shall be included as part of the 20 percent of collected development fees that may be expended on administration."
                }
            ]
        }
    ],
    "excluded_furniture": {
        "first": [],
        "last": []
    }
}