A major development application containing low/moderate-income
units shall be reviewed for completeness and a determination made
within 15 days of its receipt for official processing. Thereafter,
45 days will be allotted for review of preliminary applications and
30 days for the review of final applications by the appropriate Township
agencies and other governmental entities as may be deemed appropriate.
Upon completion of the review period or within 60 days of an application
deemed complete for preliminary approval or 45 days for final approval,
a public hearing shall be commenced on the application, it being given
priority placement upon the Planning Board's agenda. Applications
submitted under this section shall be subject to the Municipal Land
Use Law's maximum approval time periods for preliminary or final applications
or combinations thereof with respect to rendering a final decision
on the application unless an applicant grants an extension to said
time period.