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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Connecticut Housing Finance Authority Board Of Directors Meeting
The Board discussed and approved resolutions concerning revolving lines of credit for the Habitat for Humanity Affordable Homeownership Development Program, modified financing for Cherry Street Lofts Phase I, and financing for the Strong School Redevelopment and Vinci Gardens developments. Additionally, the Board authorized bond sales, approved the 2027 and 2028 Low-Income Housing Tax Credit Qualified Allocation Plan, and addressed financing for the West Hartford Fellowship Housing Redevelopment Phase III.
The committee discussed and recommended a resolution authorizing the establishment of revolving lines of credit for the Habitat for Humanity Affordable Homeownership Development Program. Additionally, the committee reviewed the financial reports for June, examined the production and delinquency reports for single-family and multifamily programs, and received presentations on the quarterly investment and swap reports.
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.
