$4.6M to Create New Homes for Low-Income Seniors
The federal government has awarded $4.6 million in funding to build homes for low-income seniors in Connecticut, officials said Friday.
Bronin, Blumenthal, Murphy Seek Better Federal Section 8 Oversight
Three prominent Connecticut officials on Friday called on the U.S. Department of Housing and Urban Development to immediately improve its oversight of a federal Section 8 voucher program.
Hartford Affordable Housing Project Lands $26.7M in KeyBank Financing
The latest phase in a 40-acre redevelopment project in Hartford will move forward thanks to $26.7 million in construction financing and Low Income Housing Tax Credit equity from KeyBank’s community development lending and investment division.
New Haven Preparing Affordable Housing Requirements
Investors and developers trying to cash in on New Haven’s booming multifamily scene may soon have to contend with a new city requirement: including affordable housing in their projects.
Former HUD Sec. Julián Castro Quits 2020 Presidential Race
Former Obama housing secretary Julián Castro, the only Latino in the 2020 Democratic presidential primary race, on Thursday ended his campaign that had pushed the field on immigration and housing.
Report: In Race that Turns on Development, New Haven Mayor ‘Un-Suspends’ Campaign
Incumbent New Haven Mayor Toni Harp has announced she will “un-suspend” her campaign against former East Rock alderman Justin Elicker.
Fairfield Affordable Project Shot Down
A 40-unit, 80 percent affordable housing project planned for a large parcel in a residential Fairfield neighborhood has been shot down by local wetlands regulators.
Controversial Fairfield Development Heads Toward Crucial Vote
A Fairfield affordable housing project that has faced heated opposition from its neighbors for years is headed towards a crucial vote tomorrow.
Poll: 80 Percent of Americans Think Housing Affordability Is a Crisis
A new poll by survey firm Morning Consult and the National Association of Home Builders has found tour out of five American households believe the nation is suffering a housing affordability crisis and at least 75 percent report this is a problem at the state and local level as well.
What New Haven Mayoral Upset Could Mean for City Projects
A major upset in New Haven’s Democratic primary election could have implications for the city’s development boom.
State Awards $10M for Affordable Housing Projects, Loans
The Connecticut Housing Finance Authority yesterday awarded $10 million in state Housing Tax Credit Contributions to nonprofit developers of affordable housing and nonprofit housing loan funds.
Boston Affordable Developer Buys 335-Unit New Haven Complex
Beacon Communities, a Boston-based developer of affordable housing, has bought the 335-unit building that forms the core of downtown New Haven’s Ninth Square mixed-use complex.
Bridgeport Community Developer Names New CEO
Affordable housing developer The Bridgeport Neighborhood Trust has selected a new CEO, who it called a “successful cross-sectoral executive and social entrepreneur,” to take the reins of the nonprofit.
Strip Club-Steakhouse Proposal Could Clear Way for Affordable Housing
The owner of a strip club at the center of a battle to convert a former New Haven factory into affordable housing has proposed closing his current operation and opening a new, “Vegas-style” strip club and steakhouse elsewhere in the Mill River neighborhood.
Study: Most of New Haven’s Newest Homebuyers Between 30 and 40 Years Old
Nearly two-thirds of New Haven County’s homebuyers in recent years are Millennials, a new study from the National Association of Realtors has found.
Tiny Houses Billed as Solution to Affordable Housing Problem
“Tiny Houses” – homes between 400 and 800 square feet – are being pushed by some housing activists as a solution to the state’s shortage of affordable housing units.
CHFA Awards $10.28M to Create 348 Affordable Apartments
Thanks to federal Low Income Housing Tax Credits announced Thursday by the Connecticut Housing Finance Authority, seven apartment development projects are moving forward.
Amplifying the Argument for Housing Production
A 25-year homebuilder and outspoken advocate on housing policies, Torrington-based T&M Building Co. President Greg Ugalde is taking a leadership role on the national stage as the 2019 chairman of the National Association of Home Builders.
Hartford Affordable Housing Developer in Dire Straits
One of Hartford’s most prominent developers of affordable housing could lose nearly a half-million dollars in subsidies thanks to the decaying state of its properties.
Lamont Adds New Top Staffer to Oversee Housing Development
Gov. Ned Lamont is adding a new face to the top ranks of his administration in a new role targeted at boosting housing production and public transit.
