Sold! Sharon Housing Trust sells first affordable house to local residents


SHARON – One is often described as the loneliest number but in the case of the Sharon Housing Trust the sale of the first affordable house built in Sharon is cause for celebration.

"Although the process of selecting candidates took longer than expected, the selection of Terence Miller and Nicole Reccia was worth the wait," Said Melinda Sweet, president of the Sharon Housing Trust.

"Next time we will want to be sure that the applicants are involved at the beginning. That way the family will have input into some of the features of the house and can move in right away," she added. "This time, our first, we literally learned on the job."

The lucky winners of the applicant pool were both born in Sharon Hospital and have lived their whole lives in the Sharon area. Miller owns Roaring Oaks Florist in Sharon and Reccia works at The Salisbury School. They closed on the house on Oct. 17 — and headed to off to Las Vegas to be married the following day. They will return to their new home in late October as Mr. and Mrs. Terence Miller.

Suitably, the location of their new home is at the intersection of Millerton Road and Lovers Lane.

The home is a 1,842-square foot, three-bedroom, two-and-a-half bathroom Colonial-style house on 1.1 acres. Its porch has views of the scenic marshlands below. The Millers paid $175,000 for it, which is significantly less than its estimated value of around $300,000. According to state statistics, the median price for a house sold in Sharon in 2006 was $360,000.

The Housing Trust was able to get extra-low mortgage rates as well as additional financing that only has to be paid back after the house is sold.

Insurance and utility costs each month have been calculated as roughly equivalent to what a family would pay for a rental in Sharon.

To help in their efforts to bring affordable housing to Sharon, the trust has been able to locate some significant financial aid. According to Sweet, they have been able to obtain up to $50,000 in supplemental financing. Most of that will not have to be reimbursed.

"Such extra funds could mean the opportunity of home ownership to a family who might have otherwise been unable to finance it on their won," Sweet said. "This will allow them to build equity as opposed to paying rent. We estimate that, even though they don’t own the land, if the buyer of one of our homes sells it in 30 years, the equity as measured against the increases in the Consumer Price Index, plus improvements, will be around $700,000. That’s pretty good appreciation for a permanently affordable house."

To apply for affordable housing with the trust in Sharon, applicants must either work or live in Sharon and meet specific income limits. Income cannot exceed 80 percent of $79,600 for a family of four.

Another option: qualifying for a Connecticut State Financing Authority mortgage income. Limits are $82,000 for up to two persons and $93,400 for three or more.

The Housing Trust received 13 applications; 11 of them met the basic qualifications. The average family size was three, average years worked in Sharon was five and the average number of years lived in Sharon was 13.

The average income was $47,000 with a range from $31, 000 to $70,000. The trust is now planning its next house and accepting applications.

Apply by going to sharonhousingtrust.org, or by calling Sue Cummings at 860-364-0276 or Sharon Tingley at 860-364-5321.

Latest News

Club baseball at Fuessenich Park

Travel league baseball came to Torrington Thursday, June 26, when the Berkshire Bears Select Team played the Connecticut Moose 18U squad. The Moose won 6-4 in a back-and-forth game. Two players on the Bears play varsity ball at Housatonic Valley Regional High School: shortstop Anthony Foley and first baseman Wes Allyn. Foley went 1-for-3 at bat with an RBI in the game at Fuessenich Park.

 

  Anthony Foley, rising senior at Housatonic Valley Regional High School, went 1-for-3 at bat for the Bears June 26.Photo by Riley Klein 

 
Siglio Press: Uncommon books at the intersection of art and literature

Uncommon books at the intersection of art and literature.

Richard Kraft

Siglio Press is a small, independent publishing house based in Egremont, Massachusetts, known for producing “uncommon books at the intersection of art and literature.” Founded and run by editor and publisher Lisa Pearson, Siglio has, since 2008, designed books that challenge conventions of both form and content.

A visit to Pearson’s airy studio suggests uncommon work, to be sure. Each of four very large tables were covered with what looked to be thousands of miniature squares of inkjet-printed, kaleidoscopically colored pieces of paper. Another table was covered with dozens of book/illustration-size, abstracted images of deer, made up of colored dots. For the enchanted and the mystified, Pearson kindly explained that these pieces were to be collaged together as artworks by the artist Richard Kraft (a frequent contributor to the Siglio Press and Pearson’s husband). The works would be accompanied by writings by two poets, Elizabeth Zuba and Monica Torre, in an as-yet-to-be-named book, inspired by a found copy of a worn French children’s book from the 1930s called “Robin de Bois” (Robin Hood).

Keep ReadingShow less
Cycling season: A roundup of our region’s rentals and where to ride them

Cyclists head south on the rail trail from Copake Falls.

Alec Linden

After a shaky start, summer has well and truly descended upon the Litchfield, Berkshire and Taconic hills, and there is no better way to get out and enjoy long-awaited good weather than on two wheels. Below, find a brief guide for those who feel the pull of the rail trail, but have yet to purchase their own ten-speed. Temporary rides are available in the tri-corner region, and their purveyors are eager to get residents of all ages, abilities and inclinations out into the open road (or bike path).

For those lucky enough to already possess their own bike, perhaps the routes described will inspire a new way to spend a Sunday afternoon. For more, visit lakevillejournal.com/tag/bike-route to check out two ride-guides from local cyclists that will appeal to enthusiasts of many levels looking for a varied trip through the region’s stunning summer scenery.

Keep ReadingShow less