Board approves housing operating budgets
At a glance
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The Housing Authority unanimously approved fiscal 2027 management plans for its properties and a $1,322,410 operating budget for federal properties. The plan for Jonathan Trumbull Terrace lists $0 in annual income and expenses because the building is uninhabitable.
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What this means
The approved plans set projected income and expenses for several housing properties for the fiscal year ending June 30, 2027, subject to approval by the Connecticut Housing Finance Authority. The board also approved changes to the rent schedule for Father Honan Terrace, although the minutes do not provide the specific changes. Separately, the board approved lifetime medical benefits for an executive director who retires after more than 30 years of employment.
Key decisions
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- Approved March 2026 voucher payments totaling $742,721.96.
- Approved the Terry Court fiscal 2027 management plan with annual income and expenses of $632,972.
- Approved the Marcella Eastman Curran Terrace fiscal 2027 management plan with annual income and expenses of $1,053,300.
- Approved the Jonathan Trumbull Terrace fiscal 2027 management plan with $0 in annual income and expenses because the building is uninhabitable.
- Approved the Father Honan Terrace fiscal 2027 management plan with annual income and expenses of $433,560 and changes to its rent schedule; the specific changes were not included in the minutes.
- Approved the Hevrin Terrace fiscal 2027 management plan with annual income and expenses of $998,864.
- Approved a $1,322,410 HUD operating budget for John Ashton Towers, Wilbur Cross Apartments, and Nathan Hale Terrace.
- Approved a job-description change providing lifetime medical benefits to an executive director who retires after more than 30 years of employment.
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