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Council adopts NJ DCA calculation for borough's Fourth Round affordable housing obligations
Summary
Resolution 2025-40, adopting the New Jersey Department of Community Affairs' calculation of Lake Como’s Fourth Round present and prospective need for affordable housing obligations, was adopted on Jan. 21 on a 3-0 roll call.
The Borough Council adopted Resolution 2025-40, which accepts the New Jersey Department of Community Affairs’ calculation of Lake Como’s Fourth Round present and prospective need for affordable housing obligations. The motion was offered by Councilman Ventrice, seconded by Councilman Witte, and passed on the same recorded 3-0 roll call as other agenda items.
The minutes record adoption but do not include further discussion of implementation steps, timelines or municipal obligations tied to that calculation. The resolution accepts the state agency's methodology as the borough's basis for meeting its round obligations.
