Malloy’s Legacy: $1.5B Boost to Affordable Housing
The state’s $1.5 billion spending – mostly in the form of deferred low-interest loans to private – was matched by $2.5 billion in private sector investment, the Department of Housing said.
Head of Crumbling Foundations Fund Says $1B Needed
The superintendent of a new captive insurance company charged with distributing millions of dollars to Connecticut homeowners with crumbling foundations is warning he doesn’t have enough money to address the problem. Michael Maglaras said he hopes to secure funding...20 CT Communities Receive $11.5M In Funding For Infrastructure Upgrades
The state recently awarded $11.5 million to 20 municipalities in Connecticut to provide upgrades and improvements to the state’s small town infrastructure.
State Releases Plan For Homeless Youth
Gov. Dannel P. Malloy and Connecticut Department of Housing (DOH) Commissioner Evonne M. Klein recently announced that the state of Connecticut will launch a new initiative to focus on building supportive housing for homeless youths between the ages of 18 to 24.
In Hartford, A Speed Dating Event For Housing Production
A speed dating-format event in Hartford brought together dozens of real estate developers with officials from 28 Connecticut communities that encourage multifamily housing. Sponsored by the Hartford-based Partnership For Strong Communities, the program gave developers...
Long-Delayed Ponemah Mill Conversion Project Begins In Norwich
Part of Norwich’s long-vacant Ponemah Mill complex will be converted into loft-style apartments now that developer Onekey LLC has closed on the final pieces of its financing package. The first phase scheduled to begin this month will convert 313,000 square feet in...State Housing Authorities Add 18 Positions Though Grant Program
State officials yesterday announced that the U.S. Department of Housing and Urban Development (HUD) has approved nearly $1.2 million in grants to help low-income residents in Connecticut find employment and obtain valuable job training skills. The State Department of...State Bolsters Affordable Housing With $20M In Funds
State officials have announced investments of over $20 million to create six affordable housing developments across Connecticut. The housing grants, which come from the most recent Competitive Housing Assistance for Multifamily Properties (CHAMP) funding by the...
