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The council adopted updated affordable housing regulations and created a mixed-use multifamily affordable housing zone allowing up to 160 dwelling units, with a 20% affordable housing set-aside.
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The adopted rules update how affordable housing is developed, marketed, priced, monitored, and funded in Eatontown. The new zone permits townhomes, multifamily and senior housing, retail, and mixed-use development on the designated property, subject to the 20% affordable housing requirement. The borough engineer also reported that the Wampum dam is in poor condition and that soil testing and repair planning are underway.
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