The state of Connecticut is awarding nearly $18 million in loans and grants to help fund 10 affordable housing developments, Gov. Dannel P. Malloy and Department of Housing (DOH) Commissioner Evonne M. Klein announced.

The grants are part of the 10-year, $300 million Housing Portfolio Revitalization Initiative, which is jointly administered by DOH and the Connecticut Housing Financing Authority (CHFA) to fund the rehabilitation of a portfolio of over 340 properties with approximately 19,000 residents.

"When we secure more housing for our state’s residents, we are making a proactive effort to stimulate economic activity and create more jobs in Connecticut," Malloy said in a statement. "We are working on a detailed 10-year plan that recommends priorities and plots out capital investments to revitalize some of the state’s existing affordable housing and will make the properties sustainable for the long term."

Project financing will be announced for the following affected developments.

• In Brooklyn, Tiffany Place will receive approximately $2 million to assist in the complete rehabilitation of two existing vacant buildings owned by the Brooklyn Housing Authority.

• In Danbury, Fairfield Ridge Apartments will receive approximately $2.5 million to assist Fairfield Ridge Housing Associates LP in the rehabilitation of Fairfield Ridge Apartments located at 1-60 Fairfield Ridge Road. Additional financing of approximately $6.3 million will be made available through CHFA and the Low-Income Housing Tax Credit Program. 

• In Hamden, Hamden Village will receive approximately $2.8 million for the rehabilitation of Hamden Village and Hamden Village Extension, owned by the Hamden Housing Authority. The authority will also leverage an additional $2.56 million in financing from CHFA.

• In Hartford, Jackie Schaffer Apartments will receive approximately $950,000 toward the Community Renewal Team Inc. in the rehabilitation of Jackie Schaffer Apartments, a 10-unit affordable housing development.

• In Old Lyme, Rye Field Manor will receive approximately $2 million toward Shoreline Affordable Housing Inc. in the moderate rehabilitation of Rye Field Manor, a 39-unit affordable elderly development consisting of 13 buildings, plus a community building.

• In Newington, Cedar Village, Keleher Park and New Meadow Village receive approximately $2.5 million to assist the Newington Housing Authority in the rehabilitation of New Meadow Village, Cedar Village and Keleher Park developments. The authority will also leverage an additional $1 million in financing from CHFA.

• In Vernon, Pitkat Congregate Living Center will receive approximately $3.9 million to assist the Vernon Housing Authority in the rehabilitation of Francis J. Pitkat Congregate Living Center that consists of 43 units that are divided into 36 efficiency and seven one-bedroom units for residents over the age of 62.

• In Waterbury, Liberty Hall Apartment will receive approximately $1.2 million to assist St. Vincent dePaul Mission of Waterbury in the rehabilitation of Liberty Hall Apartments, a 16-unit two-story, wood framed building consisting of 13 two-bedroom and 3 three-bedroom affordable family units.