Colchester town, CT Exception Area · FY2026 area median income $111,900 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $469 | $704 | $939 | $1,173 | $1,408 | $1,643 | $1,878 |
| 1BR | $503 | $754 | $1,006 | $1,257 | $1,509 | $1,760 | $2,012 |
| 2BR | $604 | $906 | $1,208 | $1,510 | $1,812 | $2,114 | $2,416 |
| 3BR | $697 | $1,046 | $1,395 | $1,743 | $2,092 | $2,441 | $2,790 |
| 4BR | $778 | $1,167 | $1,556 | $1,945 | $2,334 | $2,723 | $3,112 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $28,170 | $46,950 | $56,340 | $75,120 |
| 2 persons | $32,190 | $53,650 | $64,380 | $85,840 |
| 3 persons | $36,240 | $60,400 | $72,480 | $96,640 |
| 4 persons | $40,230 | $67,050 | $80,460 | $107,280 |
| 5 persons | $43,470 | $72,450 | $86,940 | $115,920 |
| 6 persons | $46,680 | $77,800 | $93,360 | $124,480 |
| 7 persons | $49,890 | $83,150 | $99,780 | $133,040 |
| 8 persons | $53,130 | $88,550 | $106,260 | $141,680 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Colchester town to see the sources and uses, bond test, DSCR, and funding gap using these rents.