HARTFORD, Conn. — Connecticut housing officials have finalized financing agreements for nine residential developments that will create or preserve 627 housing units across eight communities, clearing the way for construction to begin statewide.
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The agreements were signed by the Connecticut Department of Housing (DOH) and the Connecticut Housing Finance Authority (CHFA) and cover projects in Avon, Bridgeport, Hamden, Montville, New London, Newtown, South Windsor and West Hartford.
Together, the developments will include 359 affordable units for low- and moderate-income renters, with 72 units designated as permanent supportive housing. Two of the projects are located in Bridgeport, while the remaining seven are spread across suburban and coastal communities.
According to a state release, DOH will provide more than $49 million in loans and grants, while CHFA will allocate low-income housing tax credits expected to generate about $85 million in private investment, along with $39 million in additional financing. Affordable units will be reserved for households earning up to 80% of the Area Median Income (AMI).
In addition, CHFA finalized $7.375 million in financing through the Build For CT program, a DOH-CHFA partnership designed to expand housing options for middle-income renters. That funding will support 231 units targeted at residents who earn too much to qualify for traditional affordable housing but still face rising rental costs.
With financing now complete, state officials say all nine developments are ready to move into the construction phase.
Commissioner of Housing Seila Mosquera-Bruno said the projects reflect the state’s broader strategy to expand housing access while revitalizing underused properties.
“With funding now in place, these communities are ready to move forward, bringing new life to underutilized properties, supporting working families and creating housing stability across the state,” Mosquera-Bruno said.
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CHFA CEO and Executive Director Nandini Natarajan emphasized that the agreements go beyond bricks and mortar.
“They are a step toward greater opportunity, stronger neighborhoods and a housing ecosystem that works for everyone,” Natarajan said. “From supportive housing to middle-income apartments, CHFA is proud to partner in building a more inclusive Connecticut."
Several of the developments involve adaptive reuse or redevelopment of existing buildings. In Bridgeport, the former Waltersville School will be transformed into 70 modern apartments for households earning between 30% and 80% AMI, while the Windward Apartments Phase II project will deliver 51 affordable homes and complete the larger revitalization of the former Marina Village public housing site.
Other projects include mixed-income redevelopment in Avon, new construction in Hamden with supportive housing units, and a 57-unit project in Montville that will include homes reserved for individuals with intellectual or developmental disabilities. Middle-income housing is also planned for New London, while Newtown, South Windsor and West Hartford will see a mix of affordable and market-rate units with added amenities and access to nearby employment centers.
State officials say the coordinated funding approach is designed to address housing needs across income levels, from supportive housing to workforce and middle-income apartments, as Connecticut works to ease long-standing housing shortages.
Originally reported by Dalton Zbierski in Fox 61.
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