Wayland Housing Authority raises imputed-asset rate to 4.52 percent

WAYLAND — January 20, 2023 — Wayland Housing Authority raises imputed-asset rate from 0.84 to 4.52 percent. Commissioners voted Friday to adopt Executive Director Brian Boggia's recommendation that the authority use the current HUD passbook rate when calculating income from tenant assets, savings and home equity — a change Boggia said will affect only a few households with "significant assets and annuities" but generate additional rental income. Commissioner Marie Eisenberg abstained, citing "too much of an interest." The board also approved a $47,570.20 December bill warrant, voted unanimously to send a letter supporting the St. Anne's of Good Shepherd Parish affordable housing project — now pursuing a 40B comprehensive permit with a $250,000 commitment from the Wayland Housing Trust — and approved a roughly $1,400 first-year budget in concept for the new Bent Park Resident Council after Chair Susan Weinstein flagged arithmetic errors and an ineligible refreshments line.