Historic Mills Reborn: CHFA's Adaptive Reuse Creates Affordable Rental Housing
Connecticut, rich in history, has many stories to be told. This is but one - a tale of the historic preservation and adaptive reuse of old textile mills, each representing an era gone by. Connecticut is chock full of old textile mills dating back to 1807 when the first cotton mill was introduced in Putnam. Over the past fifty years, CHFA has assisted developers and enabled thousands of individuals and families gain access to safe, affordable rental housing. The low-income housing tax credit and tax-exempt bonds are the key tools we use to meet the critical demand for affordable housing.