Regional Contribution Agreement (RCA) definition
Regional Contribution Agreement (RCA) means the transfer pursuant to N.J.S.A. 52:27D-312 of up to 50 percent of a municipality’s growth share obligation to another municipality within its housing region by means of a contractual agreement into which two municipalities voluntarily enter. Housing units developed pursuant to an RCA shall be included in the total number of affordable units developed in the sending municipality.
Regional Contribution Agreement (RCA) means a contractual agreement, pursuant to the Act, into which two municipalities voluntarily enter to transfer a portion of a municipality’s fair share obligation to another municipality within its housing region.
Regional Contribution Agreement (RCA) means the transfer pursuant to
More Definitions of Regional Contribution Agreement (RCA)
Regional Contribution Agreement (RCA) means a contractual agreement, pursuant to the Act, voluntarily entered into by two municipalities to transfer a portion of one municipality’s fair share obligation to another municipality within the same housing region.
Regional Contribution Agreement (RCA) means a contractual agreement, pursuant to the Act, into which two municipalities voluntarily