The council’s most significant action was the adoption of a resolution of need. This resolution aligns with the township’s housing element and fair share plan, asserting that the project will serve a community need.

Additionally, the council authorized a financial agreement with the project entity under the Housing and Mortgage Finance Agency (HMFA) statute. This agreement permits a tax exemption with a payment in lieu of taxes set at 6.28%, providing financial feasibility for the project while still ensuring some revenue for the township.

An ordinance to adopt the redevelopment plan for the site was introduced, with modifications highlighted by the redevelopment attorney. These changes include permitting solar panels only on buildings, eliminating wind turbines as a permitted use, and clarifying that the development would not be a gated community. The ordinance will be reviewed by the planning board before returning to the council for adoption.

A notable discussion point involved waste management for the affordable units, highlighting potential future amendments to the redevelopment plan based on the project’s evolving details. This flexibility acknowledges that as the project progresses, adjustments may be necessary to meet the township’s objectives and the development’s specific layout requirements.