Connecticut Housing Finance Authority Board of Directors Meeting
The board discussed and authorized preparations for the 2026 Series S and 2026 Series T bond sales to maintain the Housing Mortgage Finance Program. Financing was approved for the Hartford Trade School development, a 57-unit housing project in Hartford, Connecticut, subject to specific conditions. The board also received annual training regarding the State Code of Ethics and reviewed the results of the 2026 Housing Tax Credit Contribution Program rating and ranking. A resolution was adopted to honor a long-serving board member for her contributions. Additionally, the board reviewed an overview of the impact of the Housing Authority Resident Program on resident services within state-sponsored housing portfolios.
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The Mortgage Committee reviewed and recommended the approval of modified financing for the Cherry Street Lofts, Phase 1 project in Bridgeport, and new financing for the Strong School Redevelopment in New Haven, the Vinci Gardens project in Greenwich, and the West Hartford Fellowship Housing Redevelopment Phase III. The presentation and discussion of the quarterly Homeownership Report and Multifamily Activities Report were tabled for a future meeting.
Jun 18, 2026·Board meeting
Connecticut Housing Finance Authority Board Of Directors Board Meeting
The board reviewed a report on homeownership development, covering progress in multi-family production, investments in the Habitat for Humanity program, and the introduction of new financing tools like the 'Next Move' program. A resolution was passed to authorize a public hearing for the 2027-2028 Qualified Allocation Plan regarding Low-Income Housing Tax Credits. Additionally, the board discussed strategic office space alternatives, weighing the significant costs and requirements of renovating the existing facility against the feasibility of constructing a new building.
The committee discussed and recommended resolutions to the Board of Directors regarding financing for the 55 Kondracki Lane project in Wallingford, Connecticut, and the General Homeownership Loan Program Downpayment Assistance Program. Additionally, the committee reviewed the quarterly Multifamily Activities Report.
