AFFORDABLE HOUSING DRAFT - Salisbury, CT

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Municipal tax credits, which may be provided by ordinance to residential real property ownerswho place long-term (no less than 40 years) deed-restrictions on their property and rent or sell it tothose with income at or below 80 percent of the Area Median Income.Financing of Housing Funds in Neighboring TownsThe Organization section of our report recommends the creation of a Salisbury Affordable HousingCommission to keep the issues of affordable housing on our Town’s radar screen and to facilitateefforts to meet our housing needs. As part of the Committee’s work we examined the possibility ofcreating a dedicated fund to support the provision of affordable housing in Salisbury. We looked tothe towns of Washington and Goshen, which are similar to Salisbury and have established such funds,as described in the following paragraphs. Larger cities, such as Darien, New Canaan, and Stamford,also have valuable experience with housing funds that is worthy of further study.The Washington, Connecticut, Housing Fund was created a year after the Town’s HousingCommission was established by ordinance in 2005. The Town committed to appropriating $50,000 peryear for five years from the capital budget to the Housing Fund. The Fund can also receive moneyfrom fees, gifts, grants, and loans for the provision of affordable housing. The Fund can be used forthe evaluation or purchase of any potential parcel, improved or unimproved, provided the parcelwould be used for affordable housing purposes. Past and pending expenditures from the Fund havebeen for expenses associated with investigations of properties (e.g., surveys, appraisals andengineering work such as “perc” tests). The current Fund balance is approximately $250,000.In similar fashion, the Goshen Land Acquisition Fund was established in 2006 to accumulate fundsfor the acquisition of land to be used for housing, recreation, and open space. The Fund is financedby the deposit of .14 percent of the real estate conveyance fees paid to the Town Clerk’s office; anyfees paid to the Town in lieu of any requirement to provide open space; penalties paid under PublicLaw 490; and any gifts, grants, bequests, or loans made for the purpose of the Fund. The currentFund balance is $252,000.The Committee strongly recommends:1. Creation of the Salisbury Affordable Housing Fund, a Town-managed fund into whichprivate citizens or the Town may deposit funds. The Salisbury Affordable HousingCommission would administer the fund and recommend dispersals. The Board ofSelectmen would approve small dispersals (e.g., for feasibility or engineering studies orfor options on real estate). Dispersals above $20,000 (our usual limit on Board ofSelectmen discretion) would require Town Meeting approval after Board of Financereview.50
That the Salisbury Affordable Housing Fund be funded in its first year by the transfer of $50,000from the Land Capital account of the Town. We further recommend that this Fund receive annualcontributions at this level from the town budget as long as necessary. We anticipate that, as ourneighbors witness the Housing Commission effectively facilitating the achievement of our affordablehousing goals, they will conclude that personal contributions to the Housing Fund are an efficient,tax-deductible way to aid these efforts.We recommend that the Salisbury Affordable Housing Commission or other successor to ourCommittee investigate additional municipal financing vehicles for the Fund and recommend anyappropriate ones to the Town.Single Family – RenovationSalisbury Housing TrustSalisbury, CTDuplex – Under ConstructionSalisbury Housing TrustSalisbury, CT51
Page 1 and 2: Preserving Salisbury’s Vitality:H
Page 3 and 4: Table of ContentsINTRODUCTION 4EXEC
Page 5 and 6: and retired business executives, te
Page 7 and 8: Executive SummaryA. FindingsSalisbu
Page 9 and 10: • Favor attached, multi-unit hous
Page 11 and 12: • Provide financing for the Salis
Page 13 and 14: People tend to have widely differin
Page 15 and 16: with incomes below $60,000. As a mo
Page 17 and 18: percent live outside Connecticut an
Page 19 and 20: number is achieved, the annual turn
Page 21 and 22: areas was increasing to the point w
Page 23 and 24: setbacks, and building envelopes th
Page 25 and 26: These two factors - diversity and c
Page 27 and 28: Exhibit 1: Index of Frequently Aske
Page 29 and 30: The Committee’s Work and Recommen
Page 31 and 32: Town houses, including row and cour
Page 33 and 34: Exhibit 2: Matrix of Incomes, Housi
Page 35 and 36: However, the likelihood of finding
Page 37 and 38: The Salisbury Tax Assessor’s offi
Page 39 and 40: 3. Modify the existing Bed and Brea
Page 41 and 42: • Because private citizens, devel
Page 43 and 44: Exhibit 3: Draft Ordinance to Estab
Page 45 and 46: Exhibit 4: Draft Ordinance to Estab
Page 47 and 48: IV. FinanceThe Affordable Housing A
Page 49: about what housing its neighbors ne
Page 53 and 54: District play in ensuring the Town
Page 55 and 56: 2. Q: What is the evidence that Sal
Page 57 and 58: older will almost triple from 751 i
Page 59 and 60: Employer interviews. The authors of
Page 61 and 62: details, please see the answer to Q
Page 63 and 64: would be a cop-out to link the shor
Page 65 and 66: of the school budget is provided fr
Page 67 and 68: Starter (age 20-29) - 30 units spli
Page 69 and 70: assessment, than privately construc
Page 71 and 72: expanded exponentially. In fact, th
Page 73 and 74: Appendix III: Sustainable Design Gu
Page 75 and 76: Some other strategies that should b
Page 82 and 83: Appendix V: Proposed Phase One Amen
Page 84 and 85: transient visitors. This amendment
Page 86 and 87: not a Special Permit application (a
Page 88 and 89: designed to appear more like an acc
Page 90 and 91: c. Revise subsection 718.3 to read:
Page 92 and 93: Appendix VI: Cornwall, Connecticut
Page 94 and 95: - Where the dwelling(s) are located
Page 96 and 97: Appendix VIII: State and Federal Re
Page 98 and 99: Small TownEconomicAssistance Progra
Page 100 and 101:
• single-room-occupancy• multif
Page 102 and 103:
Appendix IX: Statutory Sources of A
Page 104 and 105:
I. GENERAL MUNICIPAL POWERSA. Conne
Page 106 and 107:
A. Connecticut Statutory Provisions
Page 108 and 109:
special exception or subdivision pl
Page 110 and 111:
III. TAX:ABATEMENTS, DEFERRALS AND
Page 112 and 113:
eighty per cent of the area median
Page 114 and 115:
• CGS Section 12-124 - “Allows
Page 116 and 117:
V. MISCELLANEOUSA. Impact (Linkage)
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AFFORDABLE HOUSING DRAFT - Salisbury, CT

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