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FAIR SHARE: Units & Cost Calculation
Options HB 6633, FAIR SHARE
HB 6633 FAIR SHARE BILL
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1) Town Builds ALL Mandated "Fair Share" units (Column G) at an Estimated cost of (Col L @\$250K/unit, Col M @\$450K/unit, Col N@\$650K/unit) with Costing out Col M by Benchmark Years (Col O-R)
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Assumes mulicipality is the builder,therefore must comply with state & federal affordable housing reporting, financing, and development requirements/regulations, including prevailing wage
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2) IF Town allows DEVELOPER TO Build ALL Mandated Units w. 80% Market Value, 20% as town's total Fair Shares: Total Units to be built (Column I), Future Total Housing Stock (J) and % Increase (Col K)
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Option #2 - Developer Builds Fair Share w Market Value 2a= 90/10, 2b=80/20Option #1 - Town Builds Entire Fair Share
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DATA FROM 8-30G AFFORDABLE CALCULATIONDATA FROM OCA WORKBOOK MODEL2a= Developer 90% Mkt, 10% Fair Share2b= Developer 80% Mkt, 20% Fair Share
Min = \$250K/unit
Avg = \$450K/unit
Max = \$650K/unit
TOWN COST (\$450K/unit) TO BUILD BY BENCHMARK YEARS: 3,5,6 & 10
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2022= 29 Exempt Municipalities w > 10%
(1)-2(2)/(1)(3)= (2)/10%(1) + (3)(3)/(1)(4)= (2)/20%(1)+(4)(4)/(1)(2)*\$250K(5)=(2)*\$450K(2)*\$650K(6)=(5)*(5%)(7)=(5)*(25%)(8)=(5)*(20%)(9)=(5)*(50%)
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MunicipalityTotal Housing Stock Units per 8-30g Calculation2022 Total Affordable per 8-30g 4 Criteria Calculation% OF ASSISTED TO TOTAL UNITS Per 8-30gTotal Housing Stock 2018, per Fair Share Map, Open Communities Alliance (OCA)% Exsiting Multi-Family = 2+ UNITS 2018 (per OCA Fair Share Map)Allocated FAIR SHARE by town TOTAL AFFORDABLE UNITS TO BE BUILT PER OCAFair Share as % of all housing in a townTOTAL UNITS REQUIRED IF DEVELOPERS BUILD with 10% AFFORDABLE = Fair Share (2)Future Total housing stock in town with 90/10 Developer builds ALL Fair Share% Increase in town's exisitng housing stock(A)TOTAL UNITS REQUIRED IF DEVELOPERS BUILD with 20% AFFORD = Fair Share (2)Future Total housing stock in town with 80/20 Developer builds ALL Fair Share% Increase in town's exisitng housing stock(A)(Rehabs exisiting) Estimated Total Cost if towns pay to develop units \$250K/unit * allocated Fair Share(Rehabs/small new)Estimated Total Cost if towns pay to develop units \$450K/unit * allocated Fair Share(FFLD CNTY- w/out land cost) Estimated Total Cost if towns pay to develop units \$650K/unit * allocated Fair ShareEstimated Cost to towns to build 5% mandated built by Yr 3Estimated Cost to towns to build 30% mandated built by Yr 5Estimated Cost to towns to build 50% mandated built by Yr 6Estimated Cost to towns to build 100% mandated built by Yr 10
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Andover1,317523.95%1,3228.20%23618%2,3633,685179%1,1822,50489%59,078,600106,341,480153,604,3605,317,07426,585,37021,268,29653,170,740
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Ansonia8,1481,17814.46%8,35144.00%6428%6,41814,76977%3,20911,56038%160,450,285288,810,513417,170,74114,440,52672,202,62857,762,103144,405,257
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Asford1,903623.26%1,92918.80%1327%1,3243,25369%6622,59134%33,103,90059,587,02086,070,1402,979,35114,896,75511,917,40429,793,510
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Avon7,3892994.05%7,40612.90%1,27417%12,74320,149172%6,37213,77886%318,582,675573,448,815828,314,95528,672,441143,362,204114,689,763286,724,408
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Barkhamsted1,589261.64%1,4634.20%18012%1,8023,265123%9012,36462%45,040,86581,073,557117,106,2494,053,67820,268,38916,214,71140,536,779
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Beacon Falls2,509391.55%2,74723.70%53720%5,3658,112195%2,6835,43098%134,130,508241,434,914348,739,32012,071,74660,358,72848,286,983120,717,457
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Berlin8,1407168.80%8,64218.10%1,10413%11,03819,680128%5,51914,16164%275,960,175496,728,315717,496,45524,836,416124,182,07999,345,663248,364,158
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Bethany2,044100.49%2,0410.40%42721%4,2716,312209%2,1364,177105%106,782,838192,209,108277,635,3789,610,45548,052,27738,441,82296,104,554
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Bethel7,3104295.87%7,70624.60%1,08614%10,86018,566141%5,43013,13670%271,503,325488,705,985705,908,64524,435,299122,176,49697,741,197244,352,993
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Bethlehem1,575281.78%1,6555.90%26416%2,6384,293159%1,3192,97480%65,952,525118,714,545171,476,5655,935,72729,678,63623,742,90959,357,273
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Bloomfield9,0191,00411.13%9,11826.50%99611%9,95919,077109%4,98014,09855%248,978,255448,160,859647,343,46322,408,043112,040,21589,632,172224,080,430
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Bolton2,015281.39%1,9327.20%31616%3,1595,091164%1,5803,51282%78,979,755142,163,559205,347,3637,108,17835,540,89028,432,71271,081,780
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Bozrah1,059272.55%1,0799.40%19918%1,9923,071185%9962,07592%49,797,92889,636,270129,474,6124,481,81322,409,06717,927,25444,818,135
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Branford13,9724463.19%13,84231.60%1,85613%18,55832,400134%9,27923,12167%463,941,300835,094,3401,206,247,38041,754,717208,773,585167,018,868417,547,170
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Bridgeport57,01212,10021.22%58,37068.70%0 0000
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Bridgewater88110.11%8643.60%12615%1,2602,124146%6301,49473%31,494,05556,689,29981,884,5432,834,46514,172,32511,337,86028,344,650
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Bristol27,0113,93414.56%26,46539.60%1,3545%13,54440,00951%6,77233,23726%338,600,750609,481,350880,361,95030,474,068152,370,338121,896,270304,740,675
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Brookfield6,5623735.68%6,59320.80%1,12417%11,24117,834171%5,62112,21485%281,035,900505,864,620730,693,34025,293,231126,466,155101,172,924252,932,310
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Brooklyn3,2352778.56%3,24112.80%1886%1,8785,11958%9394,18029%46,947,29384,505,127122,062,9614,225,25621,126,28216,901,02542,252,563
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Burlington3,389712.10%3,5794.70%3048%3,0416,62085%1,5215,10042%76,031,218136,856,192197,681,1666,842,81034,214,04827,371,23868,428,096
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Canaan779101.28%7113.70%11416%1,1381,849160%5691,28080%28,441,49851,194,69673,947,8942,559,73512,798,67410,238,93925,597,348
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Canterbury2,0431276.22%2,0326.60%20910%2,0854,117103%1,0433,07551%52,135,13893,843,248135,551,3584,692,16223,460,81218,768,65046,921,624
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Canton4,3393608.30%4,37921.10%83919%8,39512,774192%4,1978,57696%209,869,425377,764,965545,660,50518,888,24894,441,24175,552,993188,882,483
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Chaplin988333.34%1,0075.20%12713%1,2652,272126%6331,64063%31,633,46556,940,23782,247,0092,847,01214,235,05911,388,04728,470,119
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Cheshire10,4243693.54%10,96717.00%1,48914%14,89425,861136%7,44718,41468%372,356,725670,242,105968,127,48533,512,105167,560,526134,048,421335,121,053
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Chester1,923392.03%2,00220.30%24212%2,4184,420121%1,2093,21160%60,457,078108,822,740157,188,4025,441,13727,205,68521,764,54854,411,370
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Clinton6,0651702.80%6,23415.80%2965%2,9629,19648%1,4817,71524%74,059,655133,307,379192,555,1036,665,36933,326,84526,661,47666,653,690
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Colchester6,1825228.44%6,46418.50%69611%6,96413,428108%3,4829,94654%174,105,978313,390,760452,675,54215,669,53878,347,69062,678,152156,695,380
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Colebrook72281.11%8066.10%11715%1,1731,979146%5871,39373%29,330,28552,794,51376,258,7412,639,72613,198,62810,558,90326,397,257
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Columbia2,308682.95%2,2075.30%43420%4,3456,552197%2,1724,37998%108,618,918195,514,052282,409,1869,775,70348,878,51339,102,81097,757,026
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Cornwall1,007363.57%1,0425.20%10310%1,0302,07299%5151,55749%25,753,97846,357,16066,960,3422,317,85811,589,2909,271,43223,178,580
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Coventry5,0992394.69%5,0715.30%90818%9,08014,151179%4,5409,61190%227,002,023408,603,641590,205,25920,430,182102,150,91081,720,728204,301,820
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Cromwell6,0013726.20%6,16126.00%3556%3,5509,71158%1,7757,93629%88,759,625159,767,325230,775,0257,988,36639,941,83131,953,46579,883,663
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Danbury31,1543,54411.38%32,49345.70%1,2974%12,96545,45840%6,48338,97620%324,137,425583,447,365842,757,30529,172,368145,861,841116,689,473291,723,683
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Darien7,0742964.18%7,1958.50%1,27118%12,71219,907177%6,35613,55188%317,792,525572,026,545826,260,56528,601,327143,006,636114,405,309286,013,273
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Deep River2,096793.77%2,12125.00%1919%1,9074,02890%9543,07545%47,676,67885,818,020123,959,3624,290,90121,454,50517,163,60442,909,010
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Derby5,84968011.63%5,62746.00%59911%5,98911,616106%2,9948,62153%149,716,745269,490,141389,263,53713,474,50767,372,53553,898,028134,745,071
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Durham2,694592.19%2,7946.80%35713%3,5666,360128%1,7834,57764%89,140,705160,453,269231,765,8338,022,66340,113,31732,090,65480,226,635
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East Granby2,1521095.07%2,24720.20%44220%4,4226,669197%2,2114,45898%110,559,535199,007,163287,454,7919,950,35849,751,79139,801,43399,503,582
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East Hampton
5,4851793.26%5,5809.40%3817%3,8079,38768%1,9037,48334%95,172,648171,310,766247,448,8848,565,53842,827,69134,262,15385,655,383
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East Hartford
21,3283,33815.65%21,30038.20%9564%9,55630,85645%4,77826,07822%238,905,873430,030,571621,155,26921,501,529107,507,64386,006,114215,015,285
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East Haven12,5331,0378.27%12,17532.90%1,40412%14,04426,219115%7,02219,19758%351,092,475631,966,455912,840,43531,598,323157,991,614126,393,291315,983,228
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East Lyme8,4585706.74%8,62515.70%8009%8,00316,62893%4,00212,62746%200,078,248360,140,846520,203,44418,007,04290,035,21172,028,169180,070,423
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East Windsor5,04570413.95%5,07630.80%75515%7,54512,621149%3,7738,84974%188,634,100339,541,380490,448,66016,977,06984,885,34567,908,276169,770,690
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Eastford79391.13%8408.10%15118%1,5072,347179%7531,59390%37,662,89567,793,21197,923,5273,389,66116,948,30313,558,64233,896,606
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Easton2,715170.63%2,8820.30%52918%5,2938,175184%2,6475,52992%132,326,228238,187,210344,048,19211,909,36059,546,80247,637,442119,093,605
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Ellington6,6653555.33%7,50134.70%87212%8,72416,225116%4,36211,86358%218,106,158392,591,084567,076,01019,629,55498,147,77178,518,217196,295,542
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Enfield17,5582,14212.20%17,59723.50%1,1617%11,60829,20566%5,80423,40133%290,198,850522,357,930754,517,01026,117,897130,589,483104,471,586261,178,965
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Essex3,2611073.28%3,38318.60%2808%2,7956,17883%1,3984,78141%69,877,008125,778,614181,680,2206,288,93131,444,65325,155,72362,889,307
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Fairfield21,6486252.89%22,04114.40%2,0649%20,64142,68294%10,32132,36247%516,032,325928,858,1851,341,684,04546,442,909232,214,546185,771,637464,429,093
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Farmington11,1069238.31%10,93527.10%1,25411%12,54023,475115%6,27017,20557%313,492,075564,285,735815,079,39528,214,287141,071,434112,857,147282,142,868
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Franklin771465.97%7817.70%14418%1,4452,226185%7221,50392%36,118,62865,013,53093,908,4323,250,67616,253,38213,002,70632,506,765
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Glastonbury13,6567585.55%14,08617.30%1,55011%15,49929,585110%7,74921,83555%387,464,500697,436,1001,007,407,70034,871,805174,359,025139,487,220348,718,050
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Goshen1,66450.30%1,5001.40%16811%1,6843,184112%8422,34256%42,097,66075,775,788109,453,9163,788,78918,943,94715,155,15837,887,894
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Granby4,3601323.03%4,4757.00%80318%8,03212,507179%4,0168,49190%200,801,263361,442,273522,083,28318,072,11490,360,56872,288,455180,721,136
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Greenwich25,6311,4525.67%24,23428.70%3,30414%33,04457,278136%16,52240,75668%826,096,2001,486,973,1602,147,850,12074,348,658371,743,290297,394,632743,486,580
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Griswold5,1184027.85%5,11826.20%4369%4,3569,47485%2,1787,29643%108,903,845196,026,921283,149,9979,801,34649,006,73039,205,38498,013,461
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Groton17,9784,14923.08%17,81240.80%9375%9,36727,17953%4,68422,49626%234,184,933421,532,879608,880,82521,076,644105,383,22084,306,576210,766,439
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Guilford9,5962192.28%9,17911.40%1,67118%16,71325,892182%8,35717,53691%417,827,175752,088,9151,086,350,65537,604,446188,022,229150,417,783376,044,458
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Hamden25,1142,3079.19%25,00439.80%1,9548%19,54344,54778%9,77134,77539%488,563,700879,414,6601,270,265,62043,970,733219,853,665175,882,932439,707,330
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Hampton793101.26%8162.10%13316%1,3322,148163%6661,48282%33,296,86059,934,34886,571,8362,996,71714,983,58711,986,87029,967,174
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Hartford51,82221,12240.76%53,86481.10%0 #VALUE!#VALUE!#VALUE!#VALUE!
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Hartland85650.58%8572.30%14016%1,3992,256163%7001,55782%34,982,88062,969,18490,955,4883,148,45915,742,29612,593,83731,484,592
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Harwinton2,282642.80%2,2521.80%2039%2,0334,28590%1,0163,26845%50,817,22391,471,001132,124,7794,573,55022,867,75018,294,20045,735,500
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Hebron3,5671022.86%3,6985.60%72720%7,26810,966197%3,6347,33298%181,697,560327,055,608472,413,65616,352,78081,763,90265,411,122163,527,804
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Kent1,665643.84%1,44717.00%1208%1,2012,64883%6002,04741%30,022,85054,041,13078,059,4102,702,05713,510,28310,808,22627,020,565
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Killingly7,59276810.12%7,96829.70%2073%2,07310,04126%1,0379,00513%51,830,53093,294,954134,759,3784,664,74823,323,73918,658,99146,647,477
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Killingworth2,598190.73%2,4113.20%34014%3,3965,807141%1,6984,10970%84,911,420152,840,556220,769,6927,642,02838,210,13930,568,11176,420,278
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Lebanon3,125983.14%3,1444.80%53317%5,3338,477170%2,6675,81185%133,328,725239,991,705346,654,68511,999,58559,997,92647,998,341119,995,853
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Ledyard5,9872393.99%6,3449.80%65110%6,51212,856103%3,2569,60051%162,808,998293,056,196423,303,39414,652,81073,264,04958,611,239146,528,098
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Lisbon1,730543.12%1,7475.60%34320%3,4305,177196%1,7153,46298%85,761,320154,370,376222,979,4327,718,51938,592,59430,874,07577,185,188
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Litchfield3,9751884.73%4,18416.00%1905%1,8966,08045%9485,13223%47,397,85585,316,139123,234,4234,265,80721,329,03517,063,22842,658,070
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Lyme1,223110.90%1,2021.40%23119%2,3103,512192%1,1552,35796%57,752,395103,954,311150,156,2275,197,71625,988,57820,790,86251,977,156
84
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Manchester25,9963,72814.34%25,57043.10%1,2645%12,64138,21149%6,32131,89125%316,032,925568,859,265821,685,60528,442,963142,214,816113,771,853284,429,633
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Mansfield6,0173796.30%6,16939.80%62510%6,24612,415101%3,1239,29251%156,144,695281,060,451405,976,20714,053,02370,265,11356,212,090140,530,226
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Marlborough2,389421.76%2,3927.20%50321%5,0317,423210%2,5164,908105%125,782,940226,409,292327,035,64411,320,46556,602,32345,281,858113,204,646
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Meriden25,8924,39916.99%29,88346.60%1,5305%15,29945,18251%7,64937,53226%382,463,250688,433,850994,404,45034,421,693172,108,463137,686,770344,216,925
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Middlebury2,8921153.98%2,9666.40%60820%6,0789,044205%3,0396,005102%151,949,340273,508,812395,068,28413,675,44168,377,20354,701,762136,754,406
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Middlefield1,863552.95%1,9816.40%25813%2,5814,562130%1,2913,27265%64,530,233116,154,419167,778,6055,807,72129,038,60523,230,88458,077,209
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Middletown21,2234,75322.40%20,98551.60%3602%3,59924,58417%1,79922,7849%89,968,998161,944,196233,919,3948,097,21040,486,04932,388,83980,972,098
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Milford23,0741,1755.09%24,05325.70%2,67011%26,69950,752111%13,34937,40255%667,466,5501,201,439,7901,735,413,03060,071,990300,359,948240,287,958600,719,895
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Monroe6,918841.21%7,0788.30%1,19817%11,98319,061169%5,99213,07085%299,584,925539,252,865778,920,80526,962,643134,813,216107,850,573269,626,433
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Montville7,4073684.97%7,50411.30%6038%6,03313,53780%3,01710,52140%150,833,885271,500,993392,168,10113,575,05067,875,24854,300,199135,750,497
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Morris1,314261.98%1,3198.90%14411%1,4372,756109%7192,03854%35,933,52364,680,34193,427,1593,234,01716,170,08512,936,06832,340,170
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Naugatuck13,0611,1178.55%12,37634.20%9358%9,35021,72676%4,67517,05138%233,762,463420,772,433607,782,40321,038,622105,193,10884,154,487210,386,216
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New Britain31,2265,84818.73%31,95365.40%0 0000
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New Canaan7,5512002.65%7,58217.30%1,35018%13,49721,079178%6,74914,33189%337,436,225607,385,205877,334,18530,369,260151,846,301121,477,041303,692,603
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New Fairfield5,593661.18%5,9671.60%86314%8,62814,595145%4,31410,28172%215,688,935388,240,083560,791,23119,412,00497,060,02177,648,017194,120,042
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New Hartford2,923712.43%2,89210.00%2037%2,0354,92770%1,0173,90935%50,870,11391,566,203132,262,2934,578,31022,891,55118,313,24145,783,101