New Jersey § 52:27d-126d

§ 52:27d-126d.

Notwithstanding the provisions of section 3 of P.L.1979, c. 121 ( C.52:27D-126a ), any municipality may, by ordinance, provide for a waiver of enforcing agency fees

for any corporation which is (1) organized pursuant to the “New Jersey Nonprofit Corporation

Act,” N.J.S.15A:1-1 et seq. and (2) actively engaged in constructing or rehabilitating housing units for occupancy

by low or moderate income households. For the purposes of this act, “ low income household ” means a household in which the gross household income is equal to 50% or less of

the median gross household income for households of the same size within the region

in which the housing is located. “ Moderate income household ” means a household in which the gross household income is equal to more than 50%

but less than 80% of the median gross household income for households of the same

size within the region in which the housing is located.