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BOROUGH OF CALDWELL Housing Element + Fair Share PlanPrepared by: Topology, LLC 60 Union Street, 1st Floor Newark, NJ 07105Adopted:March 10, 2021ACKNOWLEDGMENTS BOROUGH MAYOR John KelleyBOROUGH COUNCILPLANNING

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How to fill out fair share plan preparation

01

Gather all relevant financial information such as income, expenses, assets, and debts.

02

Determine your fair share percentage by calculating your contribution based on your income and expenses compared to the total income and expenses of the group.

03

Create a budget outline to allocate funds for common expenses and savings.

04

Review and adjust the fair share plan as needed to ensure it remains fair and equitable for all members.

Who needs fair share plan preparation?

01

Individuals living in shared households or communities.

02

Cooperative organizations or businesses with shared resources.

03

Families or friends planning group trips or events with shared expenses.

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What is fair share plan preparation?

Fair share plan preparation involves creating a document that outlines how an organization intends to meet its obligations related to equitable distribution of resources, typically in the context of affordable housing or similar initiatives.

Who is required to file fair share plan preparation?

Entities that are mandated by local regulations, such as municipalities or housing authorities, to submit a fair share plan preparation to demonstrate their commitment to achieving fair housing goals.

How to fill out fair share plan preparation?

To fill out a fair share plan preparation, one should gather relevant data regarding housing needs, set specific goals, outline strategies to achieve those goals, and provide documentation of community engagement and compliance with applicable laws.

What is the purpose of fair share plan preparation?

The purpose of fair share plan preparation is to ensure that resources are distributed equitably, that housing opportunities are available to all segments of the population, and to comply with local and state fair housing laws.

What information must be reported on fair share plan preparation?

The information that must be reported typically includes demographic data, analysis of housing needs, proposed strategies for development, timelines, and measurement of success in achieving fair housing goals.

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