Westport City Zoning Code
§11-B 11-2.4.12B
AFFORDABLE ACCESSORY APARTMENT
As of April 25, 2021, the state median income for Connecticut is $102,600 and the area median income for the Stamford-Norwalk HMFA is $151,800, according to the U.S. Dept. of Housing and Urban Development (HUD). Therefore, since the lower of the state or area median income is to be used to determine affordable income figures, staff has based the maximum figures on the $102,600 figure.
The chart below lists the maximum allowable income for persons occupying an accessory affordable apartment as well as the maximum allowable housing rent that can be charged for the unit.
Apartment Size | Maximum Monthly Housing Cost | ||
|---|---|---|---|
| 80% of SMI | 60% of SMI | 40% of SMI |
| Studio | $1,426 | $1,032 | $638 |
1-Bedroom | $1,546 | $1,124 | $702 |
| 2- Bedroom | $1,772 | $1,265 | $758 |
| 3- Bedroom | $2,027 | $1,442 | $856 |
Apartment Size | Maximum Monthly Housing Cost | ||
|---|---|---|---|
| 80% of SMI | 60% of SMI | 40% of SMI |
| Studio | $1,426 | $1,032 | $638 |
1-Bedroom | $1,546 | $1,124 | $702 |
| 2- Bedroom | $1,772 | $1,265 | $758 |
| 3- Bedroom | $2,027 | $1,442 | $856 |
Apartment Size | Maximum Monthly Housing Cost | ||
|---|---|---|---|
| 80% of SMI | 60% of SMI | 40% of SMI |
| Studio | $1,426 | $1,032 | $638 |
1-Bedroom | $1,546 | $1,124 | $702 |
| 2- Bedroom | $1,772 | $1,265 | $758 |
| 3- Bedroom | $2,027 | $1,442 | $856 |
Apartment Size | Maximum Monthly Housing Cost | ||
|---|---|---|---|
| 80% of SMI | 60% of SMI | 40% of SMI |
| Studio | $1,426 | $1,032 | $638 |
1-Bedroom | $1,546 | $1,124 | $702 |
| 2- Bedroom | $1,772 | $1,265 | $758 |
| 3- Bedroom | $2,027 | $1,442 | $856 |
Family Size | Maximum Annual Income | ||
| 80% of SMI | 60% of SMI | 40% of SMI |
1 person | $57,456 | $43,092 | $28,728 |
2 people | $65,664 | $49,248 | $32,832 |
3 people | $73,872 | $55,404 | $36,936 |
4 people | $82,080 | $61,560 | $41,040 |
5 people | $88,646 | $66,485 | $44,323 |
| Unit Size | Maximum Sale Price of Affordable Units | ||
|---|---|---|---|
| 80% Max Sale Price | 60% Max Sale Price | 40% Max Sale Price | |
| 1-Bedroom | $263,380 | $160,851 | $52,728 |
| 2-Bedroom | $312,114 | $189,079 | $58,588 |
| 3- Bedroom | $355,256 | $213,314 | $71,105 |
| * All numbers assume a 20% down payment and a mortgage paid in 360 equal payments at 3,86% | |||
| Unit Size | Maximum Sale Price of Affordable Units | ||
|---|---|---|---|
| 80% Max Sale Price | 60% Max Sale Price | 40% Max Sale Price | |
| 1-Bedroom | $263,380 | $160,851 | $52,728 |
| 2-Bedroom | $312,114 | $189,079 | $58,588 |
| 3- Bedroom | $355,256 | $213,314 | $71,105 |
| * All numbers assume a 20% down payment and a mortgage paid in 360 equal payments at 3,86% | |||
| Unit Size | Maximum Sale Price of Affordable Units | ||
|---|---|---|---|
| 80% Max Sale Price | 60% Max Sale Price | 40% Max Sale Price | |
| 1-Bedroom | $263,380 | $160,851 | $52,728 |
| 2-Bedroom | $312,114 | $189,079 | $58,588 |
| 3- Bedroom | $355,256 | $213,314 | $71,105 |
| * All numbers assume a 20% down payment and a mortgage paid in 360 equal payments at 3,86% | |||
| Unit Size | Maximum Sale Price of Affordable Units | ||
|---|---|---|---|
| 80% Max Sale Price | 60% Max Sale Price | 40% Max Sale Price | |
| 1-Bedroom | $263,380 | $160,851 | $52,728 |
| 2-Bedroom | $312,114 | $189,079 | $58,588 |
| 3- Bedroom | $355,256 | $213,314 | $71,105 |
| * All numbers assume a 20% down payment and a mortgage paid in 360 equal payments at 3,86% | |||