Moorestown Council To Discuss Affordable Housing Thursday

MOORESTOWN, NJ — The proposed Moorestown Family Apartment complex on Borton Landing Road will be the topic of discussion at Moorestown Council’s special meeting Thursday afternoon.

Moorestown Council will meet at noon on Aug. 26, township officials announced on Tuesday. The meeting will be held virtually. Read more here: Moorestown Council Going Virtual Again As COVID-19 Cases Spike

Township Council will consider a resolution to execute a first amendment to the development and transfer agreement with Moorestown Family Apartments, LLC, for the proposed development on Borton Landing Road.

The project was the subject of a recent land swap between the township and Lockheed Martin after the defense company and the U.S. Navy expressed national security concerns over a proposed affordable housing complex in the area. Read more here: Moorestown Moving Forward With Proposed Lockheed Martin Land Swap

The developer is the Walters Group, which plans to develop a mix of 76 market rate units and 76 low- to moderate-income units.

Township Council recently granted a tax abatement and approved a transportation system for the area, so the developer could qualify for federal tax credits for the development. Read more here: Tax Exemption Approved For Moorestown Affordable Housing Project

To join using the MSTeams client, click here; or visit https://www.moorestown.nj.us/; on the homepage, under "Upcoming Events," select the meeting you wish to attend; click "Join the MSTeams Meeting" under "Link;" or go to the top of the homepage, click on "Live Meetings" and click on the "Township Council MSTeams Meeting Link."

Members of the public participating via MSTeams may participate just the same as if present in-person; the mayor will open the floor for public participation in accordance with normal protocol.

To join the meeting by phone, dial 1 201-523-5900 and then enter Conference ID: 587 234 017 followed by the # sign or 1 833-450-2679 (toll free).