1984 Reading Housing Authority Annual Report

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READING HOUSING AUTHORITY (W ANNUAL REPORT 1984 Following is a report of the Reading Housing Authority for the year 1984. The Authority consists of a five - member Board, four elected by the voters of the Town and one appointed by the State. They meet on the second Monday of each month, with the Annual Meeting in April. The Board currently is comprised of he following members: Chairman Richard S. Dempster 633 Summer Avenue Vice- Chairman Leonard F. Westra 11 Copeland Avenue Treasurer William F. Rand, Jr. 104 Belmont Street Asst. Treasurer Patricia J. Swain 256 West Street Asst. Secretary Philip R.. White, Jr. 97•Prospect Street Term Expires 198 Term Expires 198$ Term Expires Mayf1986 State Appointee Term Expires 1986 Term Expires 198 tor At the Annual Meeting in April 1984, the above members were elected to Their respective positions on the Board. Mrs. Janet Pierce was re= appointed Exe cut i�e Director and therefore, Secretary of the Authority in accordance with the By -1,4ws. The Authority administers an 80 -unit Housing for the Elderly Project, completed in 1970, at Frank D. Tanner Drive which is funded through the Commonwealth of Massach- usetts. To be eligible, a person must be 65 years of age or older, or, in the case of a couple, one party must be at least 65. Handicapped, or disabled persons who are unit. The new income limits younger are also eligible if they can live in a standard are $14,476 for a single person and $16,544 for a couple. The asset limit is 15,000. The Authority also provides rental assistance with Federal funds througu the HUD Section 8 Program to 48 families and 27 elderly in scattered apartments throughout the Town. This Program has been in effect since 1975 and is now fully leased with 75 units. In conjunction with this Program, the Authority participates in the Section 8 Mobility Program with 77 other communities, whereby each honors the certificate'of another through a reciprocal arrangement, giving an applicant more flexibility'in find- ing suitable housing. In order to be eligible for this Program, the gross annual income of families cannot exceed the new lower income limits, as follows: 1 Person 2 Persons 3 Persons 4 Persons 5 Persons 6 Persons $11,300 $12,900 $14,550 $16,150 $17,450 $18,750 I „ There is no asset limit for this Program, but the interest on any savings must be added to the income of a participant, and that figure cannot exceed the income level requirement. Mrs. Patricia Renzello is the Administrator of the Section 8 Program un- der the supervision of the Executive Director and the Authority.