The state recently awarded approximately $28 million to support the development of affordable housing across Connecticut as part of the latest round of funding under the state’s Competitive Housing Assistance for Multifamily Properties (CHAMP) program.
The awards will go toward creating, rehabilitating or preserving approximately 200 units of affordable housing and focus on expanding access to transit-oriented development, developing new veteran’s housing units and adding supportive housing for those who are living with disabilities.
“Affordable housing is key to creating vibrant communities that attract families, workers, businesses and private investments. Access to housing helps boost competitiveness, attracts business and builds our economy,” Gov. Dannel P. Malloy said in a statement.
The CHAMP program, administered by the Connecticut Department of Housing, provides developers and owners of multifamily affordable housing financing to create more affordable units in their developments.