2 Hartford Housing Projects Secure State Financing

HARTFORD, CT — The state Department of Housing and the Connecticut Housing Finance Authority announced last week financing deals for 12 developments, including two in Hartford.

Hartford's projects on the list are:

• Northeast Hartford Affordable Housing: This initiative will renovate and consolidate 78 affordable apartments across nine residential buildings and a community center in Hartford’s North End.

The work includes new roofs, boilers, windows, and updates to building finishes.

All units will be affordable to households earning at or below 80 percent of the area median income.

The redevelopment is supported by CHFA through a 4 percent allocation that will attract $6.8 million in private investment as well as $3.3 million in financing, and the state Department of Housing is providing $5.2 million in financing.

• Trinity Street Apartments: Trinity Street Apartments will transform two former state office buildings in Downtown Hartford into 104 mixed-income rental homes.

The redevelopment includes 21 apartments to households earning at or below 60 percent of AMI and 83 unrestricted units, plus ground-floor retail, coworking spaces, and a rooftop terrace.

Located across from Bushnell Park, this adaptive reuse will bring new housing and vitality to a key part of the city.

CHFA is allocating 4 percent, which will generate $3.6 million in private investment, and DOH is providing $2.75 million in financing.

Statewide, the developments being funded will contribute to the construction or preservation of 1,279 housing units.

These developments will include 550 affordable units for low- and moderate-income renters, of which 71 will be designated as permanent supportive housing.

Developments are located in Hartford, New Haven, Norfolk, Seymour, Shelton, Simsbury, Stonington, Waterbury, Westport, and Willimantic.

DOH is providing over $34.3 million in loans and grants, and CHFA is providing low-income housing tax credits (LIHTC) that will generate more than $56 million in private investment along with $15 million in first mortgage financing.

“Every investment in affordable housing is an investment in stronger, more resilient communities,” said Seila Mosquera-Bruno, Connecticut Housing Commissioner. “These developments reflect our commitment to preserve and expand housing options—whether it’s building new homes or adding quality affordable rentals.”

“Housing is at the heart of opportunity,” said Nandini Natarajan, CHFA’s chief executive officer and executive director. “We’re proud to partner with DOH to advance these developments, which bring together public and private investment to create lasting affordability. Whether serving families, seniors, or residents with supportive needs, these homes will have a meaningful impact across urban, suburban, and rural communities alike.”

For more information on the program, click on this link.