Stamford affordable housing project expected to receive $1.6M in state funding

Lawnhill Terrace 4 in Stamford is among 16 affordable housing projects that are set to share over $49 million in state funding, Connecticut Gov. Ned Lamont announced.

The funding is anticipated to be approved when the State Bond Commission meets on Friday.

The governor, who serves as chair of the commission, said the funding supplements his administration”™s ongoing efforts to expand access to mixed-income housing options in a wide range of Connecticut communities while also building on initiatives to prevent and end homelessness.

“Helping all Connecticut residents afford high-quality housing in the community of their choice supports families, kickstarts the economy and makes neighborhoods vibrant places to live and work,” Lamont said.

“As more and more families decide to build their future in Connecticut, it”™s vital we invest in housing. An investment in housing is an investment in family stability, children”™s success, and the economic health of our entire state.”

“Striking the right balance between new construction and preservation has been a delicate dance, one that has required a reorganization and refocus on our internal processes in pursuit of the administration”™s vision and the mission of the agency,” Connecticut Housing Commissioner Seila Mosquera-Bruno said.

“This will allow safe, sanitary, and energy-efficient housing that is affordable to be built and preserved, giving Connecticut residents the option and opportunity to live in their community of choice.”

“Affordable housing investments offer tremendous benefits to the state, local communities, and our residents,” Office of Policy and Management Secretary Melissa McCaw said. “By providing families stable and affordable housing opportunities we are able to help them in the short-term and greatly enhance their longer term chances of success.”

In addition to the $1.625 million for the 34-unit Stamford development, the funding will be used to support the following projects:

  • Branford: Parkside Phase 1, 67 Units, $3.795 million
  • Farmington: New Horizons Expansion, 22 Units, $2.2 million
  • Hartford: Martin Luther King Apartments, 155 Units, $4 million
  • Hartford: Northeast Hartford Affordable Housing II, 78 Units, $2.7 million
  • Hartford: Westbrook Village Phase IV, 60 Units, $3.9 million
  • New Haven: 340+ Dixwell, 69 Units, $3.358 million
  • New Haven: Hill Central Phase I, 64 Units, $2,831,200
  • New Haven: MLK/Tyler, 56 Units, $3.32 million
  • New Haven: Richard Street Apartments, 23 Units, $2 million
  • Newington: Cedar Pointe, 72 Units, $4 million
  • Orange: Lascana Homes, 46 Units, $3.6 million
  • Salisbury: Sarum Village Phase III, 10 Units, $1.5 million
  • Stafford: Woodland Springs II, 79 Units, $4 million
  • Waterbury: Linden, 44 Units, $3.775 million
  • Willimantic: Hevrin Terrace, 90 Units, $2.664 million