ANNUAL REPORT
2014
Celebrating 35 Years of Service
1979 - 2014
1st Group Home (as Consultant)
Newington, CT (1979)
1st CIL Realty - CT Group Home
Wethersfield, CT (1983)
1st CIL Affordable Housing Project
New Britain, CT (1992)
1st CIL Development (for-profit)
Windsor, CT (2004)
157 Charter Oak Avenue
Hartford, CT 06106
1st CIL Realty - MA Group Home
East Longmeadow, MA (1992)
1st CIL Community Resource
Manchester, CT (2008)
860-563-6011
www.cil.org
CIL
CIL’s mission is to create and sustain housing and other
community resources that provide affordability, accessibility
and independence to those in need.
Executive Report
This year CIL celebrates 35 years of helping meet the community-based housing needs
of people with disabilities in Connecticut. After being incorporated in February 1979 by six
statewide disability provider and advocacy organizations as Independent Living Corporation (the
Secretary of State’s office would not allow the filing of a corporate name that began with the
word Corporation because there were too many already and they didn’t have computerized
records) on the heels of a 1978 federal lawsuit brought against the State to close Mansfield
Training School, the groups were successful in getting CGS 8-3e passed that spring – the law
mandating that groups of six or fewer people with developmental disabilities living together in a
home licensed by the State be treated as a single family for zoning purposes. This legislation
was probably the single most important factor that has contributed to CIL’s success in
developing more than 500 licensed community residences in CT. A similar law was also passed
in Massachusetts and we’ve been able to develop more than 100 homes there. In 2012 we
achieved a significant milestone with the donation of 300 homes (with an estimated value of
$150 million) to the providers prior to the end of their lease terms saving the State $41 million in
contracted rent payments.
Along the way we expanded our real estate development services to other disability
groups to include people served by the State Departments of Mental Health and Addiction
Services (DMHAS) and Child and Family Services (DCF), the Federal Veterans Administration
and others. For the last 30 years, our Loans and Grants for Accessibility Program (renamed
AccesSolutions) has been successful in providing more than $16 million in accessibility home
modifications to more than1,500 individuals and families. More recently, we’ve expanded our
Construction Services, started developing non-residential space through CIL Community
Resources Inc. and created CIL Development Inc. as our for-profit development arm – all the
after-tax income from this venture is donated up to CIL parent to support our non-profit mission.
We’d like to take this opportunity to express our sincere appreciation to all of the CIL
board members, staff, provider agencies, tenants, funders and other stakeholders for the
support and encouragement we’ve received over the last 35 years. Starting January 1, 2015 we
look forward to many more years of successfully serving our constituents under the able
leadership of our new CEO, Kent Schwendy.
Martin Legault
Todd Bateson
CIL
CIL’s AccesSolutions program helps people
with physical disabilities make their homes
handicapped accessible. With funding from the State
of Connecticut, private foundations, corporate gifts and
CIL’s annual Golf Tournament, we are able to provide
both grants and low interest loans (based on
household income) to homeowners and renters (with
landlord approval).
We can provide virtually any type of accessibility modification including: ramps, porch
lifts, elevators, automatic and/or widened doorways, kitchen and bathroom modifications, home
additions to create first floor bedroom and bathroom space, environmental control units and
other assistive technology. We have trained, experienced staff who work closely with every
AccesSolutions client to help them achieve the highest level of independence in their home.
If you would like to make a tax-deductible donation to AccesSolutions, please go to our
website, www.cil.org and click on the Donate icon.
Bridgeport, CT
East Hartford, CT
Wallingford, CT
New Britain, CT
Windsor, CT
Meriden, CT
For more information contact Fran Mazzarella at 860-509-6742 or fmazzarella@cil.org.
CIL Realty - CT
CIL Realty Inc. develops small, scattered-site,
community residences for people with disabilities
throughout Connecticut. These homes are typically licensed
and funded by the State and operated by nonprofit service
provider agencies. We provide a full scope, turn-key
development service, including 100% financing. These
services include site selection and acquisition, new
construction or renovation of an existing home, and all
related services such as architect, engineering, permitting,
legal and preparation for licensure.
With our existing construction line of credit we are
able to move very quickly to place a site under contract
once the provider’s operational funding has been approved
by the State. We lease the homes to the providers
under long-term capital leases during our financing
term (typically 30 years). At the end of the lease
term, or earlier if the bonds are prepaid, we donate
the homes to the provider agencies free and clear.
Blissville Rd., Lisbon
Main St., Portland
Route 163, Montville
Old Lantern Rd., Norwalk
South Main St., Manchester
For more information contact David McKinley at 860-509-6741 or dmckinley@cil.org.
CIL Realty - MA
As noted on the previous page,
CIL Realty of Massachusetts Inc.
develops small, scattered-site,
community residences for people with
disabilities throughout the state. These
homes are typically licensed and funded
by the State and operated by nonprofit
service provider agencies. In some
cases the homes are operated by the
State. We provide a full scope, turn-key
development service, including 100%
Pine St., Monson
financing. These services include site
selection and acquisition, new
construction or renovation of an existing home, and all related services such as architect,
engineering, permitting, legal and preparation for
licensure.
With our existing construction line of
credit we are able to move very quickly to place
a site under contract once the provider’s
operational funding has been approved by the
State. We lease the homes to the providers
under long-term capital leases during our
financing term (typically 30 years). At the end of
the lease term, or
earlier if the bonds
are prepaid, we
donate the homes to
the provider
agencies free and
clear.
Main St., Woburn
Century Tub
Overhead Track System
Allen St., Dartmouth
For more information contact Peter Benvie at 508-669-6096 or pbenvie@cil.org.
CIL Housing
CIL Housing Inc. develops, owns and operates low
and moderate income housing through several subsidiaries:
CIL Affordable Housing Inc. – acquires one to threefamily properties (most of which are distressed), primarily in
the cities of Hartford, Meriden and New Haven, rehabilitates
them to a very comfortable, modern standard and sells them
to income qualified (typically 80% of area median income or
less) first-time homebuyers.
Case St., Hartford
Laurel St., Hartford
Liberty St., Hartford
Connecticut Ave.,
New London
Porch Detail
CIL Properties Inc., 233 Allen Street Inc., 364 Putnam
Avenue Inc. These three subsidiaries own and manage
affordable, supportive housing properties. Support services are
provided by local social service agencies.
For more information contact David McKinley at 860-509-6741 or
dmckinley@cil.org
Truman St., New Haven
CIL Community Resources
CIL Community Resources Inc. develops nonresidential properties for other non-profit organizations
including specialized schools, administrative offices and dayprogram space. As with our community residence development,
we use our construction line of credit to provide turn-key
development services to non-profit service providers under long
term capital lease arrangements with donation of the property
when the permanent (tax exempt bond) financing is paid off.
New London
Recently we have
been collaborating with the
Connecticut Nonprofit
Association in developing the
CT Nonprofit Center, located
at 75 Charter Oak Avenue in
Hartford. With CT Nonprofits
as our anchor tenant and
operating partner, this 86,000
square foot office building is
being leased to other
CT Nonprofit Center—75 Charter Oak Ave., Hartford
non-profit organizations under
shorter term, operating leases. CT Nonprofits is providing “back office” services to the
non-profit tenants in the form of common reception services, meeting rooms, IT support,
kitchen facilities and financial services.
Waterbury
157 Charter Oak Ave, Hartford
For more information about CIL Community Resources contact David McKinley at
860-509-6741 or dmckinley@cil.org
CIL Development
CIL Development Inc.
was created in 2004: 1) to
develop market-rate housing
that meets the needs of local
communities; and, 2) to donate
any profits made by CIL
Development, after paying
federal and state income taxes,
up to Corporation for
Independent Living to support
our non-profit mission. A
separate Board of Directors has
Capewell Lofts, Hartford
been created to oversee CIL
Development and its
subsidiaries, the stock of which is wholly owned by CIL.
To date, most of our projects have
consisted of reclaiming abandoned,
distressed factories and converting them
into high quality housing and offices at
reasonable prices. In addition to acting as
the developer, CIL also
acts as the general
contractor, thereby
eliminating the usual
competing interests of
these two roles while
streamlining the
coordination process.
Lofts at Sherwood Falls, Kensington
Kenyon Falls, Coventry
For more information about CIL Development Inc., contact David McKinley at
860-509-6741 or dmckinley@cil.org.
CIL Construction
Since the late 1990’s CIL has been a General
Contractor building new or renovating distressed
single and two family homes for sale to first-time
homeowners through CIL Affordable Housing Inc. and
other local Community Development Corporations.
Since then the Construction Department has
expanded its activities to include all the CIL
Community Resources Inc. projects, all the CIL
Development Inc. projects and many community
residences for people with disabilities. Many of these
projects have included significant historic aspects
which require special skill to successfully earn state
and federal historic tax credits.
Capewell Townhomes, Hartford
Our highly skilled staff members are able to work with
regulatory agencies and preservation professionals to
incorporate 21st century materials into traditional architecture.
CIL is fully bonded and has taken on projects ranging from
under $100,000 to $18 million.
CT Nonprofit Center, Hartford
Depot Crossing, Berlin - Before
Depot Crossing, Berlin - After
School St., Hartford
For more information about our Construction Services contact Rob Hedden at
860-509-6746 or rhedden@cil.org.
Marty in Verse
Thus he happened to come upon
The beauty of tax exempt revenue bonds.
Letters of credit and low interest rates
Put 600 homes all over two states.
If you’ve ever seen Marty drive
You know he needs some excitement to thrive.
He cannot ever take it slow
Or settle for the status quo.
There is a long tradition at CIL, to end each year
at our Christmas party with a poem to summarize So in the ‘90s it was time to try
the past year and look forward to the new year. In To use our skills to diversify.
keeping with that tradition, Maria Green and David
McKinley wrote this Ode to Marty.
Supportive housing and homeownership
production
Coops and condos and CIL Construction.
The CIL Board found a real jumpstarter
Back in the day of President Carter.
Schools and offices and program space
“You’re hired,” they said, but it wasn’t funny
When they told Marty, “Now find some
money!”
And a new venture called Stetson Place.
Along the way he made sure not to mess
With tax exempt status and the IRS.
He found out quickly that funding from HUD
Was bound to be a development dud.
To each regulation we had to conform
A corporate for-profit had now to be born.
He needed a fast, financing tool
To get to the closing of Mansfield School.
It took on brownfield remediation
Some TOD and historic preservation.
With tax syndication and partnerships
Homes were developed at a much faster clip.
But tax reform in 1986
Caused Marty to come up with a few new
tricks.
All in all it’s quite a career
Covering over 35 years.
Add it up, Marty’s been able to collar
Funding that totals a half billion dollars.
Not bad for a guy, quite smart, quite funny
Who did as was told, and found some money.
He is very transparent, we know how he feels,
He loves churning numbers and making new
deals
At times on patience he is short,
But with the staff he’s quite the sport
We all know that is really not your style
“I’m spending it all” we’ve heard you say with
a smile.
The end of a long and successful career,
Passing the baton to a civil engineer.
Retirement is just the next step in your life,
We sure hope you like spending time with your
wife!
His vacations have gotten more frequent and
thrilling
To travel with him Linda seems to be willing
Congratulations to you we are sending
And to the new life you will be spending
He decided it was time to go
When he hit the big 7-0.
But while you are now free to roam,
At CIL you will always have a home.
Countless memories over time we have
shared,
Throughout your career you have shown that
you cared.
Leaving us? New things you’re pursuing?
We sure hope this won’t be our undoing!
As you go to pastures new,
Remember those who have worked with you.
Think of us office bound, longing for sun,
We’ll think of you out there having fun.
Monthly paychecks will be a thing of the past,
But if you are frugal, your savings should last.
Marty flying into the sunset...
CIL Through the Years
1979
1980
CIL develops the Dorothy Street Project for the Greater Hartford Housing
Consortium.
1982
1985
CIL is funded by the Office of Human Development Services of the U. S.
Department of Health and Human Services for its De-institutionalization
Project.
CIL considers becoming a developer as well as development consultant.
Private syndication is first developed as an alternative to public financing
sources.
Loans for Accessibility program is proposed to, and funded by, the State
Department of Housing.
CIL mission expands to include development of affordable housing.
1986
Exploration of tax-exempt financing begins.
1987
Realty partnerships refinanced with tax-exempt bonds. ($52,000,000 1987
Series Bonds)
Additional group home development financed with tax-exempt bonds.
($24,500,000 1988 Series Bonds).
State of Illinois hires CIL as consultant to provide options for community
housing in Illinois.
1983
1981
1984
1988
1989
1982
1990
1991
1983
1992
First two bond issues refinanced along with additional group homes and a
working capital loan fund for provider agencies. ($110,000,000 1990
Series Bonds).
CIL group homes expand to 104 of Connecticut's 169 towns and
municipalities.
CIL begins operations in Massachusetts.
1993
CIL develops final phase of homes required to enable the closing of
Mansfield Training School.
1994
CIL increases its assistance to other nonprofit housing development
corporations, including bail-out completion of stalled projects started by
others.
CIL develops group homes in Southeastern Massachusetts.
1984
1995
1985
CIL incorporated in February, 1979 and legislature awards CIL its first
$75,000 operating grant.
Martin Legault hired as the Executive Director on September 10, 1979.
Housing for 128 persons with disabilities is under development using HUD
202 funds.
1981
1979
1980
2000
1986
1987
1988
1989
1990
1991
1999
1998
1997
1996
1995
1994
1993
1992
2001
2002
2003
2004
2005
2006
2007
1996
Construction begins on first-joint venture, multifamily-housing development in Hartford
(Wyllys/Lisbon Cooperative Housing).
1997
First-time homebuyer program begins.
1998
Home modification program for older homeowners begins.
1999
CIL becomes fiduciary and development partner for the Mortson/Putnam Heights
neighborhood rebuilding project.
2000
CIL wins “Best Practices” award given by the U. S. Department of Housing and Urban
Development.
2001
The CIL Construction Services department completes the 25th home for sale to first-time
home-buyers.
2002
CIL secures a parcel of land in Danbury for the building of the 70 unit Stetson Place mixedincome condominium project.
2003
CIL establishes a clearinghouse to foster collaboration between business firms and
nonprofit housing developers for the sale of state housing tax credits.
2004
CIL creates CIL Development, Inc. as a for-profit subsidiary for the purpose of developing
market rate housing. The proceeds from this activity support CIL's nonprofit mission.
2005
CIL receives funding from the Hartford Foundation to launch AccesSolutions, a program
that provides ramps and other accessibility modifications to financially eligible people with
disabilities.
2006
Construction begins on First Town Square, a 50 unit, market-rate condominium factory
conversion project in Windsor, CT.
2007
CIL issues additional tax exempt bonds in MA. ($20,440,000 2007 Series Bonds)
2008
CIL creates CIL Community Resources Inc. for the purpose of developing non-residential
projects for other non-profit organizations.
2009
Construction begins on The Lofts at Sherwood Falls, an 86-unit, market-rate condominium
complex involving the adaptive reuse of an historic factory in Kensington, CT.
2010
CIL donates 21 group homes to service providers as a result of the early pre-payment of
related 1999 Series tax-exempt bond issues.
2011
CIL donates 276 group homes to service providers as a result of the early pre-payment of
related 1990 and 1993 Series tax-exempt bond issues.
2012
The Town of Berlin designates CIL as the “Developer of the Year” award recipient for its
reclamation of the abandoned factory to create The Lofts at Sherwood Falls.
2013
CIL acquires CT Non Profit Center property.
2014
CIL acquires the Capewell Horsenail Factory in Hartford.
2008
2009
2010
2011
2012
2013
2014
Financial Statements
ASSETS:
Unrestricted Cash
Restricted Cash
Funds Held in Escrow under Bond Agreements
Accounts, Rents, Grants and Other Receivables
Prepaid Expenses and Other Assets
Net Investment in Direct Financing Leases
Properties under Operating Leases
Property in Development
Property, Plant and Equipment
Cost of Bond Issuance
TOTAL ASSETS
Accounts Payable, Accrued Expenses and Other Liabilities
Deferred revenues
Permanent and Construction Loans
TOTAL LIABILITIES
UNRESTRICTED NET ASSETS
LIABILITIES:
TOTAL LIABILITIES & UNRESTRICTED NET ASSETS
$
30-Jun-14
1,999,617
8,864,549
6,253,139
721,062
2,304,514
87,412,402
18,917,671
23,488,132
5,229,142
3,147,427
$ 158,337,655
$
4,863,275
1,355,554
138,793,874
145,012,703
13,324,952
$ 158,337,655
REVENUES:
Sales of CIL For-Profit Properties
Sales of CIL Non-Profit Properties
Construction Contract Revenues
Interest Income from Direct Financing Leases
Rental Income
Grant and Fundraising Activities
Fees
Other Income
TOTAL REVENUES
4,345,531
3,728,947
5,177,666
4,515,880
4,898,494
2,413,017
2,520,875
64,734
$ 27,661,144
EXPENSES:
Cost of CIL For-Profit Sales
Cost of CIL Non-Profit Sales
Construction Contract Costs
Compensation & Benefits
Operational Expenses
Interest Expense
Depreciation & Amortization
Financing Fees
Professional Fees
Grants and Fundraising Expenditures
Office and Occupancy
TOTAL EXPENSES
5,456,965
4,398,152
4,781,623
2,216,388
3,306,672
722,332
1,258,465
1,841,386
394,529
1,346,874
389,964
$ 26,113,350
$
NET OPERATING INCOME
Loss on Valuation of Assets
$
1,551,794
(638,982)
INCREASE IN UNRESTRICTED NET ASSETS
$
912,812
Production Report
Cumulative since 1979
LICENSED COMMUNITY RESIDENCE PRODUCTION
Residences Licensed or Funded by:
CT Dept. of Developmental Services
CT Dept. of Children & Families
CT Dept. of Corrections / Judicial Dept.
CT Dept. of Mental Health & Addiction Services
Total CT Residences
MA Dept. of Developmental Services
HOUSING AND OTHER PRODUCTION
Purchased Apartment Developments
Supportive Housing
Supportive Structured Housing
Limited Equity Housing Cooperatives
Homebuyer Program
Nonresidential Development
COMMON INTEREST COMMUNITIES
Mixed Income Projects (nonprofit)
Market Rate Projects (for-profit)
DEVELOPMENT CONSULTING PROJECTS (Not Owned)
Licensed Community Residences
Limited Equity Housing Cooperatives
Supportive Housing
Transitional Housing
Camp
GENERAL CONSTRUCTION PROJECTS
"Homes for Living" Renovations
Other Construction Initiatives
ACCESSOLUTIONS PROGRAM
Loans
Grants
Money Follows the Person
Assistive Technology
TOTALS
Homes
People/
Families
Development
Cost
461
24
11
7
503
125
628
1736
107
372
45
2,260
571
2,831
132
49
10
125
143
255
72
379
394
495
459
1,595
7,225,000
6,520,000
9,594,000
14,847,000
30,757,000
19,598,000
88,541,000
70
145
215
105
290
395
18,395,000
31,400,000
49,795,000
57
16
35
31
139
341
32
65
77
80
595
18,300,000
2,100,000
5,400,000
2,300,000
500,000
28,600,000
82
116
198
162
277
439
975,000
18,970,000
19,945,000
95
495
63
23
676
361
1,118
66
25
1,570
2,629,000
11,903,000
1,641,000
242,000
16,415,000
2,315
7,425
$481,503,000
$160,187,000
12,648,000
14,436,000
2,863,000
190,134,000
88,073,000
278,207,000
BOARDS OF DIRECTORS, CIL
CIL DEVELOPMENT INC.
Todd Bateson, Travelers, Chair
William H. Farley, Retired, Chair
Douglas Henley, CREC, Vice Chair
R. Michael Goman, Goman+York, VC/Treas
Calvin Richardson, Fannie Mae - CT, Treas.
Maria Green, CIL, Secretary
Maria Green, CIL, Secretary
Martin Legault, CIL, Pres/CEO
Sharon Malone, BeamPines, Inc., Past Chair
Douglas Henley, CREC, Director
Martin Legault, CIL, Pres/CEO
Sharon Malone,BeamPines, Director
David Burnett, Reliance House, Director
John Wostbrock, Fin Consultant, Director
Joan Ingersoll, MHA Inc., Director
Ed Jason, Whittlesey & Hadley, Director
CIL MANAGERS
Barbara Pilarcik, ACL Inc., Director
Kent Schwendy, COO - CEO 1-1-2015
Manuel Silva, MSDesigns, LLC, Director
David McKinley, VP Development
Marlene Thomas, CSI, Director
Robert Hedden, VP Construction
John Wostbrock, Fin Consultant, Director
Maria Green, VP & Controller