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Historic Mills Reborn: CHFA's Adaptive Reuse Creates Affordable Rental Housing

An illustrated depiction of abandoned mills repurposed into housing throughout Connecticut. With funding by CHFA and other public/private sources, these historic once-thriving, empty structures have been resurrected in a new era.

 

 

September 2019

Connecticut Housing Market Snapshot – 2019

The report details trends in affordability, tenure, housing supply and construction, sales, home values, population and household formation, and other challengers in the housing market.

 

 

August 2019

 

Transportation’s Role in Affordable Housing

Traditional measures of residential affordability only consider whether a household pays more than 30 percent of their income on housing, however given the interconnectedness of where people live and work, some have argued for including transportation costs in residential affordability evaluations. As a result, a more complete understanding of affordable housing in Connecticut requires an understanding and consideration of transportation costs faced by the typical worker and by CHFA borrowers and tenants.

 

August 2019

Comparing Connecticut’s  Largest Cities

The infographic compares housing and demographics in Connecticut’s four largest cities.

 

 

 

August 2019

Annual Report – 2018

In 2018, CHFA invested more than $570 million in single-family homeownership, providing mortgages to 3,206 first time homebuyers. Of those borrowers 1,167 utilized CHFA’s Downpayment Assistance (DAP) Program. The average age, monthly payment, and mortgage amount in 2018 were 35, $834, and $178,997 respectively. Through the Low-Income Housing Tax Credit (LIHTC), in 2018 CHFA supported the renovation, preservation, or construction of 847 affordable rental units.

 

June 2019

The Great Condo Construction Boom

When you think of the 1980s you often think of a turbulent decade bookend by the Iran hostage crisis and the fall of the Berlin Wall, or as the decade of big hair and synthesized music.  You can be forgiven if residential construction boom does not come to mind.  Yes, during the 1980s Connecticut experienced a residential construction boom primarily driven by condominium construction.

 

May 2019

2018 Summary Report

CHFA is celebrating its 50th Anniversary in 2019. Over the years, CHFA has grown from a lender with $5 million for first-time homebuyer mortgages to a self-sustaining financier that issues $1 billion in bonds annually. That financial strength benefits the State of Connecticut by providing financing for much-needed safe, decent affordable housing for state residents. CHFA continues to work closely with the Department of Housing (DOH) and other appropriate state agencies to support the housing needs of state residents.  

 

March 2019

2019 Congressional Report

This summary highlights the impact of these federal tools, both statewide and by congressional district. While great progress has been made in our state, there is much more work to be done. To this end, CHFA will continue to collaborate with Connecticut’s delegation to widen the path to greater affordable housing opportunities for our residents and our communities.

 

March 2019

IOREBTA Annual Report – 2018

In 2018, $74,144 in interest was received from 42 lenders. The top five lenders participating were TD Bank N.A., Webster Bank, Wells Fargo Bank, N.A., Bank of America, and Peoples Bank. A complete listing of participating lenders and interest remitted with a breakdown of participating realtors is provided in the full report.

 

 

Spring 2019
 
 
 
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