PROGRAM HIGHLIGHTS
- Provide subordinate below market financing in partnership with approved senior lenders to facilitate the development of market rate and workforce housing.
- Minimum 20% of units are restricted to middle-income renters earning between 60-120% of Area Median Income (AMI).
- Loan types included construction-to-permanent and permanent-only loans.
- Financing Development activities include to be built or recently completed market rate multifamily developments; new construction, adaptive reuse or substantial rehab.
- Flexible and below market loan terms.
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This site provides information only regarding the Build For CT program and does not constitute legal advice. For legal advice, please consult your own attorney or for financial advice, please consult your financial advisor or a certified housing counselor. The information on this site is subject to change without notice.