Funding For New Haven Housing OptionsDecember 20, 2019
These items recently passed by the State Bond Commission will go a long way toward enhancing housing options in New Haven for those that face difficulties.
I thank Governor Lamont for supporting this important funding and I know it will go a long way in enhancing lives.
- $2,751,000 for a loan for the development of the Hill to Downtown project at 49 Prince Street which will renovate the historic building into 30 rental housing units.
- $3,700,000 for a loan to assist with the redevelopment at Farnam Court 1, construction of 2 buildings comprising 94 units, 86 units will be subject to affordability restrictions.
- $2,500,000 grant-in-aid to Youth Continuum for the rehabilitation and addition of 20 beds at its youth shelter on Grand Avenue.