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SING4 <br />1963 y <br />1' ell <br />22 Frank D. Tanner Drive • Reading, MA 01867 - 2399.617 -944 -6755 <br />1992 -1993 ANNUAL REPORT <br />The Reading Housing Authority continues its successful operation of <br />low- income housing with 80 units of elderly /handicapped housing at <br />Frank D. Tanner Drive; 10 units of family housing: 6 at Waverly/Oakland <br />Roads and 4 at Parker /Pleasant Streets; 8 units of Housing for People <br />with Special Needs at Bancroft Avenue; 114 units of rental assistance <br />located in private residence throughout the community and supported <br />by contracts with HUD's Section 8 Program and the new program operated <br />by the State, called the Massachusetts Rental Voucher Program (MRVP). <br />The Reading Housing Authority is a member of a 5 -Town consortium comprised <br />of Melrose, Reading, Saugus, Wakefield and Winchester Housing Authorities <br />and HUD has recently awarded 100 vouchers to these communities for <br />the new "Family Self- Sufficiency (FSS) Program ". This new program <br />is designed to coordinate housing and the necessary social service <br />components which would enable families to be free of all governmental <br />subsidy within 5 -7 years. There is a Program Coordinating Committee <br />with members from the five communities which will provide the necessary <br />education, job training, counseling, parenting and other social services <br />necessary for the head of the household to become fully employed end <br />eventually self- sufficient. Ms. Barbara Zenn Rediker, LICSW, is the <br />new Program Coordinator. Ms. Rediker will schedule an 8 -step pro ram <br />for each participating family and will coordinate the program wit <br />each housing authority Executive Director. It is an exciting opportunity <br />for families to obtain skills, job training and employment. The rrovision <br />for the establishment of an escrow account will allow a portion of <br />the family's increased rent to be set aside an to be used as an eventual <br />downpayment on a dwelling of their own. The orientation meeting for <br />families from the current waiting list of the 5 -Town consortium w'll <br />be held in early 1993 and will commence the program. <br />The news of the FSS Program is exciting, but there were several problems <br />due to the deflated State economy and the revamping of the former <br />State 707 rental certificate program to the new MRVP voucher system. <br />The State has tried to provide a "safety net" to those participants <br />who lost their housing assistance because of the lower qualifying <br />income levels. The Reading Housing Authority lost 2 certificates <br />initially; 1 of which was reissued when the State established rev sed <br />income limits to qualify for the MRVP voucher. Along with the es ablishment <br />of the MRVP, the State has increased the percentage of income tha <br />current conventional housing tenants pay for rent. This was in a <br />two step process, which helped to alleviate the impact of the inc ease. <br />The new rent calculation is based on 30% of net income for rent where <br />the tenant does not pay for utilities, and 27% of income where the <br />tenant pays for their utilities. This brings the State guideline <br />more in line with the Federal assistance programs. <br />Equal Housing Opportunity <br />TDD 617 -944 -9710 <br />