Senator Gary Winfield, Co-Chair Housing Committee
State of Connecticut Department of Housing
Connecticut Housing Finance Authority
U.S. Department of Housing and Urban Development
 Introductions
 The View from the Gold Dome: Housing Issues in the
Last Session and a Look Ahead
 Success Stories: Recent Projects under Construction
or Completed this Year
 Funding Opportunities and New Initiatives
 Q&A
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The View from the Gold Dome:
Housing Issues in the Last Session and
a Look Ahead
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Success Stories: Recent Projects
under Construction or Completed
this Year
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Wall Street Place will recreate the "uptown" part of the urban fabric that was once the heart of the
Norwalk.
Phase I will contain 21 residential units for households earning up to 60% of AMI and 15 units for
households earning up to 50% of AMI.
The approved development plans also include 850 parking spaces, and approximately 60,000
square feet of commercial and retail space.
SOURCES OF FUNDS
9% Federal LIHTC net proceeds
Deferred Developer Fee
Private Bank Loan (Citi Bank)
DOH Affordable Hsg Program- Flex
TOTAL
$ 8,640,140
$ 495,660
$ 3,430,000
$ 3,500,000
$ 16,068,800
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24 Colony Street will be a 4-story mixed-use and mixed-income apartment/commercial complex in
a newly created "Transit Oriented District“ in downtown Meriden.
A new intermodal transportation center will be built across the street by CT DOT, the first such
development on the New Haven/Springfield commuter rail line.
This development will consist of 63 residential apartments, first floor commercial space and
parking. CT DOT will fund an integrated parking garage with 273 additional spaces for residents,
commuters and general use.
SOURCES OF FUNDS
9% Federal LIHTC net proceeds
Deferred Developer Fee
Other (Energy Rebates)
CHFA ITA Funds
DOH Affordable Hsg Program- Flex
TOTAL
$ 12,740,000
$ 297,000
$ 158,000
$ 3,670,000
$
6,000,000
$ 22,865,000
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Nelton Court is a new 80 unit construction in the North End of Hartford. The project will include green
buffers along with a community center.
SOURCES OF FUNDS
HUD Replacement Factor Funding
HUD PH Capital Fund Program Grants
Other (CL&P Energy Rebates)
Economic Development Initiative Grant
HUD Capital Funds Financing Program
DECD Brownfield Grant
TOTAL
$ 17,294,340
$ 2,735,000
$ 250,000
$ 500,000
$ 5,900,000
$ 250,000
$ 27,179,340
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89 Cooper Avenue is located one block from the beach and adjacent to a marsh. The property was
heavily damaged during Superstorm Sandy in 2012. The entire street was under several feet of salt
water and sustained approximately 60% damage.
SOURCES OF FUNDS
Bank Escrow (Insurance Proceeds)
FEMA Increased Cost of Compliance Funds
DOH CDBG-DR
TOTAL
Before
$ 80,232
$ 30,000
$ 207,612
$ 317,844
Construction Underway
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Crescent Crossings, LLC, in collaboration with The Housing Authority of the City of Bridgeport will
create 93 new affordable apartments in eight buildings on the east side of the city on the former
Father Panik Village site, within walking distance of bus routes, grocery stores, a proposed train
station, and other retail/commercial activities and services.
This development represents the first phase of housing designed to replace the storm-damaged,
uninhabitable homes at Marina Village and will serve as a catalyst for revitalizing the
neighborhood.
SOURCES OF FUNDS
4% Federal LIHTC net proceeds
DOH/HUD HOME Funds
DOH/HUD CDBG-DR Funds
Developer/Investor Cash Equity
Deferred Developer Fee
Other (CHFA FAF Funds)
Other (City of Bridgeport CDBG Funds)
Other (CHFA/Citybank Loan)
TOTAL
$ 13,416,228
$ 5,000,000
$ 6,975,000
$ 500,000
$ 598,297
$ 4,100,000
$ 500,000
$
3,000,000
$ 34,089,525
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The Ribicoff Cottages redevelopment includes the demolition of 100 obsolete and distressed public
housing units and the new construction of 100 units of mixed-income housing, on the site of the
former Ribicoff Cottages and Ribicoff Cottages Extension in the West Rock neighborhood.
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The redevelopment will occur in two phases. This 9% LIHTC phase includes 55 units. 34 units will
be replacement housing for existing senior/disabled residents that will include supportive services.
All dwelling units shall conform to the requirements of the Energy Star Program.
SOURCES OF FUNDS
9% Federal LIHTC net proceeds
HUD Moving to Work Funds
Tax Credit Equity
Private Bank
Community Development Trust
TOTAL
$ 1,200,000
$ 5,100,000
$ 12,200,000
$ 13,700,000
$ 1,200,000
$ 33,400,000
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Victory Gardens is a 74- unit affordable rental housing development on the campus of the U.S.
Dept. of Veterans Affairs (VA) campus is Newington.
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The development is one of the few housing developments created under the VA`s Enhanced-Use
Lease (EUL) program, under which the VA leases properties to housing developers.
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The development remediated and restored a formerly blighted brownfield site.
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Victory Gardens is designed to blend seamlessly with the surrounding neighborhood and all the
buildings will face a common green.
Before
SOURCES OF FUNDS
9% Federal LIHTC net proceeds
DOH Affordable Hsg Program- Flex
Deferred Developer Fee
EUL Capital Contribution
FHLB Subsidy
Private Bank Loan (Webster Bank)
TOTAL
$ 15,473,371
$ 5,500,000
$ 129,997
$ 2,500,000
$ 30,157
$ 3,300,000
$ 26,933,525
After
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Sasco Creeks Apartments includes the removal and demolition of 33 existing trailer homes and
the construction of 14 buildings containing 54 affordable apartments, a community building and
site infrastructure to support the new buildings.
There are 29 two-bedroom apartments, 4 three-bedroom apartments, and six one-bedroom
permanent supportive apartments.
SOURCES OF FUNDS
DOH - Second $30 million
4% Federal LIHTC net proceeds
Other (WHA Sponsor Note)
CHFA TEB Funds
$ 8,510,000
$ 5,832,637
$
612,100
$ 6,825,601
TOTAL $ 21,779,737
Before
After
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Quarry Heights and Quarry Heights Extension is a 70 unit SSHP elderly development within 9
buildings. They are made up of 47 one bedroom units and 23 two bedroom units built in 1975
and 1985, respectively.
SOURCES OF FUNDS
DOH Affordable Hsg Program- Flex $ 2,520,000
CHFA HASIP Funds
$
31,935
CT Energy Efficiency Funds
$
6,935
TOTAL $ 2,558,870
Exterior work including new asphalt
parking lot and walks, siding,
windows, roofing, gutters, and exterior
doors. Interior renovations to include
renovation of common hallways/stairs
and unit renovations such as new
flooring in kitchens/baths, painting,
vanities/faucets/toilets.
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HUD Recent Initiatives
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DOH/CHFA Funding Opportunities
The Funding Schedule
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DOH -- New Initiatives
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Ending Veteran Homelessness in CT
Housing Innovations -- Small Projects
Rental Assistance in CHAMP 8 and 9
Homeless Shelter Capital Needs NOFA
Homeless Prevention and Response Fund
AIDS Program RFP Released
Mobility Counseling, EFPP and Rapid
Rehousing RFP to be Released 2Q FY16
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CHFA Recent Initiatives
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9% LIHTC
4% LIHTC
Housing Tax Credit Contribution Program
SharePoint
ConApp
Rate Lock Program
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State Collaborations
 Competitive Housing Assistance for Multifamily
Properties (CHAMP) Initiative
 TOD Fund
 Governor’s $300M Initiative
 Annual rental assistance (RAP) allocation approx. $1.5M
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Questions and Answers
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