TOWN OF LEDYARD - File #: 23-1570

• File #: 23-1570
• Version: 1
• Type: General Discussion
• Status: Passed
• File created: 4/27/2023
• In control: Housing Authority
• On agenda: 5/1/2023
• Final action: 5/1/2023
• Title: Motion and possible action to adjust the maximum monthly rent charged at Kings Corner Manor to be based on 2023 HUD's Office of Policy Development and Research, Current Fair Market Rent for a one bedroom is $1177.00 in Ledyard/Gales Ferry. Income limits for a single person $62,600 (30% of income would be $1500 after the $65 utility allowance), for a couple $71,550 (30% of income would be $1724 after the $65 utility allowance). Suggest to keep the maximum monthly rent at the 2022 approved rate of $1006 a month and adjust yearly.

Date	Ver.	Action By	Action	Result
5/1/2023	1	Housing Authority	Approved and so declared	Pass

AGENDA REQUEST

GENERAL DISCUSSION ITEM

Subject:

title

Motion and possible action to adjust the maximum monthly rent charged at Kings Corner Manor to be based on 2023 HUD’s Office of Policy Development and Research, Current Fair Market Rent for a one bedroom is $1177.00 in Ledyard/Gales Ferry.  Income limits for a single person $62,600 (30% of income would be $1500 after the $65 utility allowance), for a couple $71,550 (30% of income would be $1724 after the $65 utility allowance).  Suggest to keep the maximum monthly rent at the 2022 approved rate of $1006 a month and adjust yearly.   

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Background:

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Department Comment/Recommendation:

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