State backs 9 housing developments in 8 towns, adding or preserving 627 units

The Connecticut Department of Housing and Connecticut Housing Finance Authority have signed financing agreements for nine developments in eight municipalities that are expected to create or preserve 627 housing units, including 359 affordable units for low- and moderate-income renters.

The projects include 72 units designated as permanent supportive housing. Developments are located in Avon, Bridgeport, Hamden, Montville, New London, Newtown, South Windsor and West Hartford.

State officials said the Department of Housing is providing more than $49 million in loans and grants, while CHFA is awarding low-income housing tax credits expected to generate about $85 million in private investment, along with $39 million in financing.

CHFA also finalized $7.375 million in financing for 231 units through the Build For CT program, which supports middle-income rental housing.

The agencies said the financing agreements mean the developments are ready to begin construction.
Projects receiving financing include:

• Homes at Avon Park (Avon): Beacon Communities plans to redevelop a vacant office park at 20 Security Dr. into a mixed-income housing community in two phases totaling 100 units, including units set aside for individuals with intellectual disabilities.
• Waltersville Commons (Bridgeport): The former Waltersville School will be converted into 70 apartments for households earning between 30% and 80% of area median income, including nine supportive housing units.
• The Windward Apartments, Phase II (Bridgeport): Phase II will add 51 affordable units as part of the broader redevelopment of the former Marina Village public housing site.
• 2980 State Street (Hamden): A new three-building, 63-unit development, with all apartments affordable to households earning between 30% and 60% of area median income, including 16 supportive housing units.
• Horizon View (Montville): A new 57-unit development, including 45 affordable units and 12 supportive housing units reserved for people with intellectual or developmental disabilities.
• 208 State Street (New London): A 40-unit apartment development, including 20 units supported through the Build For CT program for middle-income residents earning 80% to 100% of area median income.
• Taunton Woods (Newtown): A mixed-use redevelopment that will create 83 apartments and about 14,000 square feet of amenity and office space, including 17 middle-income units supported through Build For CT.
• 240 Deming (South Windsor): A new 55-unit apartment development in five buildings, including 33 units affordable to residents earning up to 50% of area median income.
• 160 Simsbury Road (West Hartford): A 108-unit apartment development, with Build For CT financing supporting 22 middle-income units restricted at 80% and 100% of area median income.