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CHFA Success Stories

Affordable Housing Developments

The Connecticut Housing Finance Authority (CHFA) works with private developers, other Connecticut agencies, local Housing Authorities and Connecticut communities to create affordable housing options that address the needs of families and individuals with limited financial means.     

Physically and economically vulnerable residents like elders living on fixed incomes, people with disabilities and people who are at risk of homelessness are particularly affected by a scarcity in affordable housing.  True to its mission to alleviate the shortage of affordable housing in Connecticut, CHFA seeks opportunities to facilitate the creation of housing especially designed for these populations.  In addition, economically vulnerable cities and towns can often benefit from an increase in market-rate and affordable housing that supports their commercial and higher education communities.  True to its mission to promote economic development in Connecticut, CHFA seeks appropriate opportunities to provide financing for the redevelopment of urban centers in decline.  

Follow the links below to learn about recently occupied CHFA-financed housing developments that were designed to respond to the needs of the general community as well as the specific populations served. 

Highlighted Developments Found: 6  matches     Displaying: 1 - 6 
Dye House Apartments
Konover Residential remediated a blighted industrial building, creating 57 units of housing in an historic district in Manchester.

Multifamily Housing Development
Summary of CHFA's Multifamily Housing Operations and accomplishments, 2010-2013

Stonebridge – Elderly Housing – Berlin, CT
First occupied in 2008, the Stonebridge apartments in Berlin, Connecticut provide 155 affordable New England-style townhouses to low income residents 55 or over. The remaining 39 apartments are available at market rate.

Amston Village – Elderly Housing – Colchester, CT
First occupied in 2008, Amston Village in Colchester, Connecticut provides 32 affordable apartment units to people 55 or older. Residents of Amston Village must also fall within LIHTC income guidelines.

Park Ridge Apartments II - Elderly Housing - New Haven CT
First occupied in 2008, the Park Ridge Apartments II provides 88 affordable apartment units to people 62 or older in the Westville section of New Haven. Residents of Park Ridge Apartments II must also fall within LIHTC income guidelines.

Temple Street – Urban Redevelopment – Hartford, CT
First occupied in 2007, The Temple Street Development in Hartford represents a major investment in urban redevelopment. It provides 78 market-rate, loft apartments and approximately 12,200 square feet of commercial retail space fronting on Main Street.
Found: 6  matches     Displaying: 1 - 6