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New Canaan housing board hears management reports, draft audits and tenant concerns; votes to enter executive session
Summary
At a virtual meeting, managers reported trouble leasing one-bedroom units at Millport, scheduled RAD inspections and building maintenance, and staff said draft audits show small surplus cash that may be distributed to investor and holding entities. The board approved entering executive session by voice vote.
The New Canaan Housing Authority on an evening teleconference heard management reports about unit turnovers, building maintenance and inspections, and a finance update showing draft audits that may permit small distributions to investor and holding accounts. The board then voted by voice to move into executive session.
Managers said Millport one-bedroom units are hard to lease because applicants fail to meet the minimum income requirement for those units. Amy (property manager) said the one-bedroom units at 35 Millport are set at roughly 60% AMI rents — about $1,600 monthly — and applicants are often below the required income of about $56,000–$57,000. “The majority of them are way under, making like 33, 30 [thousand],” Amy said. She also said felony convictions typically remain a barrier to tenancy for more than 10 years.
The management report also covered upcoming inspections and routine maintenance. Amy said extermination was completed with the next treatment scheduled for May and sprinkler-system checks are due in April. She said staff will begin RAD Millport phase 2…
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