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 entered to transfer a portion of a municipality’s fair share obligation to another municipality within its housing region.
Regional Contribution Agreement (RCA means a contractual agreement, pursuant to the Act, into which two municipalities voluntarily

Examples of Regional Contribution Agreement (RCA in a sentence

  • Regional Contribution Agreement (RCA) with the City of Lambertville (existing) – A total of 15 units are included in the RCA.

  • Resolution authorizing a Shared Services Agreement, by and between the County of Camden and Gloucester City for management of the Regional Contribution Agreement (RCA) Program for Gloucester City.

  • A dedicated funding sources from the City’s Regional Contribution Agreement (RCA) monies for low and moderate-income owner occupied households, housing rehabilitation programs (such as CDBG), and funds from the sale of City-owned properties can be targeted for the rehabilitation of low and moderate-income occupied households.

  • The plan recommended eliminating Mt. Laurel overlay zoning, establishing a rehabilitation program and entering into a Regional Contribution Agreement (RCA) with a receiving community.

  • The escape clause, the Regional Contribution Agreement (RCA), means that they hire brokers to sell the low income housing obligations.

  • Today we are transforming the state’s almost barren affordable housing landscape from one of lost opportunities to one of hope and promise for thousands of families.” The bill, A500/S1783, effectively ends the Regional Contribution Agreement (RCA) as means to address affordable housing requirements under the Fair Housing Act.

  • Resolution authorizing the execution of a Regional Contribution Agreement (RCA) Receiving Municipality - Lakewood Township Ocean County.

  • For example, in the December 20, 2004 regulations, N.J.A.C. 5:94, COAH established a residential growth share ratio of one affordable unit for every eight market rate units (one among nine), established a cost for a unit subject to a Regional Contribution Agreement (RCA) of$35,000 (N.J.A.C. 5:94-5.4), and a development fee of 1% (N.J.A.C. 5:94-6.6).

  • Regional Contribution Agreement (RCA) Maximum:6 171 Units Receiving Municipality(s) Prior Round Rental Bonus Maximum:7 82 Units Development/Project NameC.

  • A significant point to consider is that COAH’s third round substantive rules do not allow more than 50 percent of the growth share obligation “…addressed within a municipality…” to be satisfied by age restricted housing (N.J.A.C. 5:94-4.19).Consequently, if Branchburg utilizes a Regional Contribution Agreement (RCA) to transfer units to another jurisdiction, the age-restricted cap applies to the remaining balance to be constructed within the municipality.


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 the transfer pursuant to

Related to Regional Contribution Agreement (RCA

  • Contribution Agreement means that certain Contribution and Conveyance Agreement, dated as of the Closing Date, among the General Partner, the Partnership, the Operating Partnership and certain other parties, together with the additional conveyance documents and instruments contemplated or referenced thereunder, as such may be amended, supplemented or restated from time to time.

  • Contribution Agreements has the meaning set forth in the Recitals.

  • Equity Contribution Agreement means the Equity Contribution Agreement, to be dated as of the Closing Date, by and among Guarantor, Borrower and Administrative Agent.

  • Sale and Contribution Agreement means the Sale and Contribution Agreement, dated as of the Closing Date, among the Servicer, the Transferor and the Borrower, as such agreement may be amended, amended and restated, supplemented or otherwise modified from time to time.

  • Tax Allocation Agreement means the Tax Allocation Agreement between Corporation and New D&B.

  • SWS wage assessment agreement means the document in the form required by the Department of Education, Employment and Workplace Relations that records the employee’s productive capacity and agreed wage rate

  • Allocation Agreement or “Agreement” shall mean this NMTC Program Allocation Agreement between the Fund and the Allocatee and Subsidiary Allocatee, as the case may be, including the Organization Specific Terms and Conditions (Schedule 1) and the General Allocation Terms and Conditions (Schedule 2) and any attachments hereto, as such Agreement may, from time to time, be amended in accordance with its terms.

  • Formation Agreement has the meaning attributed to it in Recital A;

  • Co-operation Agreement means the agreement between the Exchange and Oslo Børs with regards to the access to the Linked Order Book;

  • Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1 of the Agreement.

  • Additional Contribution Each Member's pro-rata portion of a Required Amount, determined by multiplying the Required Amount by each Member's Interest.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Transaction Agreement has the meaning set forth in the recitals.

  • Master Separation Agreement has the meaning set forth in the recitals.

  • Affiliation Agreement means a written agreement between a chartered program and any person that sets forth the roles and responsibilities of the parties, is signed by the individuals with authority to sign contracts, and provides for any of the following:

  • Defined Contribution Plan A retirement plan which provides for an individual account for each participant and for benefits based solely on the amount contributed to the participant's account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which the plan may allocate to such participant's account. The Advisory Committee must treat all defined contribution plans (whether or not terminated) maintained by the Employer as a single plan. Solely for purposes of the limitations of Part 2 of this Article III, the Advisory Committee will treat employee contributions made to a defined benefit plan maintained by the Employer as a separate defined contribution plan. The Advisory Committee also will treat as a defined contribution plan an individual medical account (as defined in Code Section 415(l)(2)) included as part of a defined benefit plan maintained by the Employer and, for taxable years ending after December 31, 1985, a welfare benefit fund under Code Section 419(e) maintained by the Employer to the extent there are post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code Section 419A(d)(3)).

  • Designation Agreement means a designation agreement in substantially the form of Exhibit G attached hereto, entered into by a Bank and a Designated Lender and accepted by the Administrative Agent.

  • Company Acquisition Agreement has the meaning set forth in Section 5.04(a).

  • Distribution Agreements means (i) any and all agreements entered into by a Credit Party, pursuant to which such Credit Party has sold, leased, licensed or assigned distribution rights or other exploitation rights to any Item of Product to an un-Affiliated Person, and (ii) any and all agreements hereafter entered into by a Credit Party pursuant to which such Credit Party sells, leases, licenses or assigns distribution rights or other exploitation rights to an Item of Product to an un-Affiliated Person.

  • Foundation Agreement means the agreement dated the 20th February 1985 made between the Trustee, the Manager, Xxxxxxxx, Genting WA and Tileska providing for the subscription of Units and Options;

  • Implementation Agreement means the Implementation Agreement dated ……… by and between the GOB, PGCB and the Company in connection with the Project, and also includes any amendment of it made from time to time;

  • Alternative Acquisition Agreement shall have the meaning set forth in Section 6.5(c).

  • Transition Agreement means the Transition Power Sales Agreement dated as of November 24, 1998, by and between Seller, Southern Energy, Southern Energy Bowline, L.L.C. and Southern Energy Xxxxxx, L.L.C.

  • Substitution Agreement means the substitution agreement, substantially in the form set forth in the Schedules as entered into/ proposed to be entered into between the Authority, Developer, and the Lenders in relation to the substitution of the Developer with the Nominated Company in accordance with the Agreement;

  • Acquisition Agreements means the Nexstar Acquisition Agreement and the Mission Acquisition Agreement, and “Acquisition Agreement” means the applicable agreement in the context used.

  • Payment Agreement means a written agreement which provides