Affordable Housing Committee - Ad Hoc
The US Department of Housing & Urban Development (HUD) defines Affordable Housing as housing where the occupant is paying no more than 30% of gross income on housing, including utilities. Households paying more than 30% of gross income on housing are considered “housing or cost burdened”.
States and local governments determine eligibility for Affordable Housing. Commonly, households earning 80% of the Area Median Income (AMI) is the threshold for eligibility. In Connecticut, 80% of AMI is the threshold.
Every year, the US Dept of Housing & Urban Development (HUD) calculates and publishes the AMI for every geographic region in the country using data from the US Census-based American Community Survey.
- Low-income households earn less than 80% of AMI;
- Very low-income households earn less than 50% of AMI;
- Extremely low-income households earn less than 30% of AMI.
Per CT General Statute 8-30g, Affordable Housing is defined as:
- housing that costs less than 30% of the income of a household earning 80% of the Area Median Income; and
- has been deed restricted to ensure the housing unit will remain Affordable for a period of forty years, or,
- are ownership units that are currently financed by the CT Housing Finance Authority (CHFA) or US Dept of Agriculture (USDA).
CT General Statute 8-30g was enacted in 1989 seeking to increase the supply of Affordable Housing in the State of CT. 8-30g requires all municipalities in CT to achieve 10% of its housing stock as Affordable Housing as defined by the State. In towns that have less than 10% Affordable Housing, 8-30g allows a developer to override local zoning regulations and build housing as long as 30% of the units are guaranteed to remain Affordable.
Yes. 1.68% of Madison’s total housing stock is considered Affordable as defined by Statute 8-30g. (September 2023)
The Area Median Income (AMI) in Madison = $111,900.00 (2023 HUD)
Households earning not more than 80% of Area Median Income (AMI) are eligible for Affordable Housing in Madison.
- 80% of AMI in Madison = $89,520.00 (2023 HUD).
- How much can a household in Madison spend monthly/yearly for housing costs and not be “housing or cost-burdened”?
To not be “housing or cost burdened”, total housing costs are less than 30% of the income of a household earning 80% of the Area Median Income (AMI). AMI in Madison = $111,900.00 (2023 HUD).
- 80% of $111,900.00 (AMI) = $89,520.00.
- 30% of $89,520.00 = $26,856.00.
- In Madison, 30% of 80% of AMI = $26,856.00 yearly or $2238.00 monthly for total housing costs, including utilities.
|90 rental units for elderly & disabled|
New Road & Sussex Place
Apple Way/Lovers Lane
|East River Farms|
Boston Post Road
Boston Post Road
- Government assisted = 90 units
- Tenant rental assistance = 3
- Single family CHFA/USDA mortgages = 9
- Deed restricted units = 33
TOTAL ASSISTED = 135 = 1.68% of all housing units in Madison
** as of September 2023
The primary goal of the 2022-2027 Madison Affordable Housing Plan is to facilitate and empower the increase in the number of affordable housing units in town. The ad-hoc Affordable Housing Committee is established to assist in the implementation of the Plan and continuation of work with municipal staff, commissions, and stakeholders on housing initiatives. The town recognizes the need for a diverse housing stock in order to have a healthy and economically diverse community.
The Affordable Housing Committee is charged with implementing the Town’s Affordable Housing Plan and making affordable housing a priority within our community. To carry out these responsibilities, the Committee shall:
- Serve in an advisory capacity to the Board of Selectmen, Planning & Zoning Commission, and other Boards and Commissions on issues related to affordable housing including implementation of and updates to the Madison Affordable Housing Plan.
- Provide for opportunities for community input to guide recommendations and priorities related to affordable housing in Madison
- Study sources of funding for affordable housing
- Create an inventory of suitable affordable housing sites in Madison
- Provide an annual report to the Board of Selectmen within 60 days of the end of the fiscal year
The Committee shall meet as needed to accomplish these duties.
- The Committee shall consist of seven (7) members appointed by the Board of Selectmen and comply with State regulations of minority representation.
- The Board of Selectmen will appoint the Chair of the Committee.
- The term of appointment shall be two (2) years.
- Desirable membership characteristics include:
- Commitment to expanding opportunities for affordable housing in Madison
- Experience in real estate or property development
- Experience in finance/accounting
- Experience with advertising, marketing, or branding for public outreach
- Experience in one of the following professions-architecture, landscape architecture, engineering, or community planning
- Representative of the demographics of the community
- Liaisons to the Committee shall include the Town Planner, Asst. Director of Senior Services, a representative from Madison Youth & Family Services, and a representative from the Board of Selectmen & Board of Finance