CHFA 2002 Annual Report

Transcription

CONNECTICUT HOUSING FINANCE AUTHORITY
2002 A NNUAL R EPORT
Table of Contents
2 Letter from the Governor
3 Letter from the Chairman and President
4-5 Board of Directors
6-7 Affordable Homeownership
Homeownership - Highlights
UR Home Program - Highlights
8-9 Special Housing and Community Development
10-11 Rental Housing Financing
Rental Housing Developments Approved in 2002
Developments Placed in Service in 2002
12-13 Tax Credit Programs
14-15 Financial Milestones
16-17 Staff
18-19 Firms Receiving in Excess of $5,000 for Services and
Participating Lenders
20-21 Financial, Professional and Legal Services/Bond Issues
22 A Look Ahead to 2003
23-32 Historical Lending Activity
Inside Back Cover Financials
Highlights of the
Authority’s 2002
Performance
Purpose
Affordable Homeownership:
• Provided below-market first mortgage financing to 4,610 homebuyers statewide.
• Enabled 1,712 homebuyers to purchase their first homes utilizing the
Downpayment Assistance Program.
• Provided financing for 181 homebuyers to purchase and rehabilitate homes in the
16 Federally Targeted areas of the State under the UR Home Program, which
included $21,620,200 in funding from the Authority and $5,072,482 from the
State of Connecticut for rehabilitation loans.
Connecticut Housing Finance Authority was created in 1969
by the State Legislature. Our purpose is to help alleviate the
shortage of affordable housing for low- and moderate-income
families and persons in Connecticut, and when appropriate, to
promote or maintain the economic development of the State
through employer-assisted housing efforts.
Rental Housing Financing:
• Committed $51.5 million in mortgage financing to support the development
and/or rehabilitation of 863 rental housing units.
• Authorized $6.1 million in Low-Income Housing Tax Credits to support initiatives
for 785 affordable rental housing units.
• Allocated $4.5 million in Housing Tax Credit Contribution credits to support 752
affordable rental housing units.
Financial Milestones:
• 2002 proved to be an all-time record year not only in the investment in mortgages,
but in earnings and in bonds issued. The Authority sold $713.5 million in bonds.
• The Authority also continued to use non-programmatic investments to purchase
programmatic loans converted to GinnieMae Pools. This resulted in $164 million of
additional tax-exempt funding for homeownership in Connecticut.
• To help support the State’s fiscal year 2003 budget, the Authority also agreed to
acquire the State’s housing loan assets from the Department of Economic and
Community Development for $85 million.
• Because of its strong ratings of AAA from Standard & Poor’s and Aaa from Moody’s
Investors Service, the Authority was able to offer its borrowers the lowest possible
interest rate throughout the year.
The Future:
The Authority is now poised in 2003 for continued growth and support of the real
estate market in Connecticut and to bring homeownership within reach for more
Connecticut residents.
1
Governor’s Letter
John G. Rowland
Governor,
State of Connecticut
A fundamental aspect for ensuring a high quality of life for all of Connecticut’s citizens is to create healthier and
more stable communities. Providing safe, decent, affordable housing in our State works toward achieving that
quality of life. Homeownership provides stability to neighborhoods and stimulates the economy. Quality rental
housing contributes to balancing neighborhoods. The Connecticut Housing Finance Authority has been
instrumental in providing our residents with affordable rental housing. This year alone the Authority provided
financing to produce 863 units of affordable rental housing in Connecticut. Additionally, the Authority was able
to help 4,610 families realize the dream of homeownership.
Over the last eight years, my administration has been committed to working toward renewing our cities and
neighborhoods. The Connecticut Housing Finance Authority has been a significant partner in revitalizing
Connecticut’s older communities by establishing programs to resurrect the vivid charm and pride within these
communities. Answering my call to work with State, municipal and private sector employers, the Authority created
the Urban Rehabilitation Homeownership (UR Home) Program. This innovative program is a key component in
invigorating our urban neighborhoods through homeownership. The Authority’s mortgage loan works in
conjunction with the State’s rehabilitation loan, which creates an affordable way to increase homeownership in our
State’s urban areas. The Program has proven successful by making over 250 loans since its inception in July 2001.
During 2002, the Connecticut Housing Finance Authority also took great strides in continuing to implement the
State’s special objective of improving the quality of life for individuals and families with special needs. By working
closely with State, private and non-profit housing organizations, the Authority has proceeded in implementing the
Connecticut Assisted Living Demonstration Project. When completed, this program will have supported several
developments by providing 300 units of affordable housing, complete with daily living assistance and on-site
medical care, to low-income elderly residents. Additionally, the Authority has maintained its strong partnership with
several State Agencies to begin developing the State’s Supportive Pilots Initiative. This initiative, once completed,
will provide 300 additional units of affordable housing with support services for individuals and families with special
needs, primarily mental illness and/or chemical addiction.
During its 33-year history, the Connecticut Housing Finance Authority has done an excellent job of providing
affordable housing for Connecticut residents. Yet, there is still much to be done. I am confident that the
Authority’s staff will continue to create innovative and unique solutions to address the housing issues of this
State. I pledge the support of my administration and look forward to our continued successful partnership. It is,
therefore, with great pride that I accept the Connecticut Housing Finance Authority’s 2002 Annual Report on
behalf of the citizens of Connecticut.
2
Chairman /
President’s Letter
Arthur H. Diedrick
Gary E. King
Chairman
President
The Authority continues to work enthusiastically and aggressively to help provide affordable housing opportunities
for the residents of our State. With interest rates at 30-year lows, the results of our efforts are evident in the 4,610
mortgages financed under our Homebuyer Mortgage Programs. A total of 863 units of affordable rental housing
were made available to low- and moderate-income persons, families and the elderly this year.
We are proud of the Authority’s accomplishments over our 33-year history. Thanks to careful management and
strategic planning, the Authority has provided $6.73 billion of funding for homeownership of low- and
moderate-income people in the State. This financing made it possible for 96,864 Connecticut families to
purchase their first home. The Authority also funded more than 27,000 units of multifamily rental housing.
We’ve achieved these results because of the Authority’s financial strength and through the reinvestment of 100%
of our earnings into addressing the housing needs of the State of Connecticut.
The Authority’s bond ratings from Standard & Poor’s and Moody’s Investors Services for our outstanding longterm bonds once again achieved the highest attainable levels from each agency, continuing strong at AAA and
Aaa, respectively. We are very proud to be among only a few financial institutions of any kind with long-term
bond ratings at this level. These excellent ratings will help lower the borrowing cost for every customer the
Authority serves.
As we look ahead to 2003, the Authority will continue to pursue all opportunities for building strong
communities and neighborhoods in support of the State’s priorities for affordable housing, economic, and
community development.
3
2002 Board of Directors
Authur H. Diedrick
Raymond J. Devlin, Jr.
Chairman of the Board
Vice Chairman
Attorney with Raymond J. Devlin, Jr.
Law Offices in Hartford.
Served with the Authority since 1994.
4
James F. Abromaitis
Commissioner of the State Department
of Economic and Community
Development
John P. Burke
Commissioner of the State
Department of Banking
Orest T. Dubno
Chief Financial Officer of
LexAtlantic Corporation
Joseph H. Fisher
Retired
Former Managing Partner
KPMG Peat Marwick
Thomas W. Hynes
Financial Counsel
Hynes, Himmelreich,
Glennon & Company
Keith D. McNamara
Vice President/Retail Sales
The McCue Mortgage Company
Special Thanks
The Authority extends a special thank you to Sandra J. Brown.
Ms. Brown retired from the Board of Directors in September,
after serving as a Member for the past 17 years. We thank her
for her commitment and dedication to the Authority and wish
her well in her retirement.
Steven A. Montesano
Owner/Broker
J. M. Montesano Company
Denise L. Nappier
Treasurer of the State of Connecticut
Sandra J. Brown
Vice Chairperson, Retired
Former Corporate Secretary for
People’s Bank, Bridgeport
Jorge L. Perez
Vice President, Commercial Lending,
The Bank of Southern Connecticut
President, Board of Alderman
City of New Haven
The governing body of the Authority consists of 15
directors. Four are ex-officio directors, seven are appointed
by the Governor of the State of Connecticut, and four are
appointed by the General Assembly. The Board of Directors
listed served on the Board in 2002.
Marc S. Ryan
Secretary of the Office of Policy
and Management
Ronald L. Smoko
Owner, Smoko Insurance Agency
5
2002 Borrower Profile
Affordable
Homeownership
A place to call your own–that’s the American Dream! In our 33-year history, the
Authority has made this dream a reality for over 96,000 families in Connecticut.
Homeownership is more than a dream come true for the borrowers we serve. Diverse,
affordable housing is a key part of the critical infrastructure for economic development.
One of the largest purchases a person will make in his or her lifetime is a home. This
important investment provides stability to our neighborhoods and helps to stimulate
the economy.
The Authority’s Homebuyer Mortgage Programs prove to be a vital part of our lending
activities. With interest rates at all time lows, more and more people are finding that
affordable homeownership is within reach. Working with over 60 participating lenders
statewide to offer low, fixed-rate mortgages, the Authority makes housing more affordable
for Connecticut residents.
Our partners are an essential link to ensuring the success of our mortgage programs.
They include lenders, housing advocates, community and non-profit organizations,
federal, state and city governments, developers, and employers. Because of these
important partnerships 4,610 families became homeowners in our State through the
Authority’s financing.
Many people think they can’t afford to purchase a home because they lack the necessary
downpayment and closing costs. With the Authority’s statewide Downpayment
Assistance Program (DAP), more borrowers are able to achieve homeownership utilizing
this second mortgage program. This year a total of 1,712 DAP loans were made in 105
towns to borrowers who utilized the downpayment and closing cost assistance loans to
purchase their first homes totaling $10,287,700.
The Authority continued its commitment to support the revitalization efforts in our
State’s targeted urban areas. Through special targeted programs, the Authority offers
several low-interest rate mortgage programs to increase homeownership in our cities.
6
Average annual income of borrowers
Average purchase price
Average loan amount
Average monthly principal and interest payment
Average household size
Average age of borrower
Percentage of female head of household borrowers
Percentage of minority borrowers
This year 58 teachers working in the State’s Priority or Transitional school districts, or
teaching in subject matter shortage areas, were able to purchase their first homes in the
communities where they teach through the Teachers Mortgage Assistance Program.
The Police Homeownership Program, for State and municipal police officers, allowed
10 police officers to purchase a home in the community they serve. The Military
Homeownership Program made 8 loans to full-time enlisted military personnel
purchasing their first homes. In addition, 91 mortgage loans were made to public
housing tenants, persons and families coming off of Section 8 assistance, as well as
persons with disabilities through the Homeownership Program.
A new objective for the Authority this year was to implement a 3-year Pilot Marketing,
Education, and Counseling Program to increase awareness and usage of the Authority’s
Homebuyer Programs among public housing tenants, volunteer firefighters, EMT’s,
nurses, and early child care providers. The Authority partnered with Neighborhood
Housing Services earlier this year to provide 8-hour counseling classes to prospective
homebuyers. In 2002 the Authority sponsored six 8-hour classes held across the State.
Classes were held in New London, Norwalk, Litchfield, and East Hartford. These classes
were attended by 65 prospective homebuyers, who took advantage of the free classes to
learn more about how they can buy their first home.
Since 1996 the Authority has partnered with the USDA Rural Development (RD) to
make homeownership more attainable for families purchasing homes in rural areas. The
USDA Rural 502 Program insures loans made for home purchase in rural areas up to
100% of the appraised value. In 2002 the Authority continued its partnership with RD.
A total of 131 mortgages were made under this Program totaling $15,433,500. The RD
also offers a Leveraged Loan Program. These loans are available for low- and very
low-income households. To keep the financing affordable, interest rates on the
second mortgage downpayment loans are set by RD on a sliding scale, based on each
household’s income and expenses. This year 20 mortgages totaling $772,700 were made
under the Leveraged Loan Program.
$
$
$
$
48,742
115,658
107,907
625.28
2.1 people
34 years
42.6%
33.0%
UR Home Program
Alexis Paulette Avelino is a first-time homebuyer and a
16-year City of Bridgeport municipal employee. A former
resident of public housing, Alexis had dreamed of owning
her own home and in July 2002 received a mortgage to
purchase her home using the Authority’s UR Home
Program funding. By her description, “Words cannot
describe the emotion I felt when I first turned the key in
the lock on my own front door.”
In 2002 the Authority continued its partnership with the State, municipalities and
private sector employers in Connecticut’s 16 state and federal targeted areas to offer
purchase/rehabilitation mortgage financing under the Urban Rehabilitation
Homeownership Program. This two-year pilot program is aimed at revitalizing the
State’s urban communities.
2002 UR Home Program Loan Information
City
Ansonia
Bridgeport
Hartford
Middletown
New Britain
New Haven
New London
Norwalk
Norwich
Torrington
Waterbury
Windham
Total
# of
Loans
CHFA
Financing
3
25
12
6
2
41
14
1
1
2
66
8
181
$ 321,400
$3,682,900
$1,429,400
$ 707,400
$ 159,000
$5,354,200
$1,728,200
$ 201,600
$ 90,500
$ 281,200
$6,811,000
$ 853,400
$21,620,200
State
Financing
$ 95,000
$ 676,956
$ 332,600
$ 151,126
$ 60,000
$1,248,700
$ 406,316
$ 20,363
$ 25,000
$ 60,000
$1,756,421
$ 240,000
$5,072,482
Since inception of the Program, the Authority has made over 200 UR Home loans.
This year a total of 181 loans were made totaling $21,620,200 in Authority funding
for home purchases with $5,072,482 in rehabilitation funding from the State. In
2002, 52 State employees, 80 municipal employees, and 49 private sector employees
became homeowners utilizing the UR Home Program. The success of the Program has
been made possible through our partnerships with the State, participating
municipalities and private sector businesses. The Program is offered to State
employees, municipal employees and private sector employees working and living in
the State’s targeted urban areas. A municipality must authorize not to tax
improvements made on all eligible properties for five years for all borrowers.
The number of participating private sector employers increased to 65 in 2002. These
businesses have partnered with the Authority under the UR Home Program to assist
their employees with their home purchase. Through their participation, the employer
must agree to provide a financial contribution in the form of a grant or low-interest
loan of at least $2,500 to eligible employees who purchase and rehabilitate a home
under this program.
The UR Home Program was recognized by the National Council of State Housing
Agencies at its annual conference in October. The Authority received an award for
program excellence under the Homeownership, Home Improvement, and
Rehabilitation category.
7
Special Housing and
Community Development
The Authority has partnered with the Local Initiative Support Corporation (LISC)
and the Community Economic Development Fund (CEDF) through a $10 million
investment ($5 million to LISC and $5 million to CEDF). This investment by the
Authority has provided technical assistance to non-profit developers, provided predevelopment loans, and has been able to assist in coordinating comprehensive
community development in urban areas of the State.
LISC
Through year end 2002, LISC loan activity using Authority loan proceeds totaled
$4,796,250. LISC blended these funds with another $1,471,500 for a total of
$6,267,750. These loans will produce 558 units of housing and will leverage over $88
million of total development. The portfolio is very diverse in housing type including
homeownership, rental, and mutual housing.
The following is a brief summary of the status of each outstanding loan funded
through the Authority’s investment:
• Martin/Capen Homeownership in Hartford - A $315,000 construction loan was
approved for The Community Builders (“TCB”).
• West Side Commons in Stratford - A $730,000 construction loan was made to
Mutual Housing Association of Southwestern Connecticut, Inc.
• Martin Luther King, Jr. Apartment Complex in Stamford - A predevelopment
loan in the amount of $85,000 was made to New Neighborhoods, Inc.
• South Commons in Kent - A $385,000 bridge loan was made to The Community
Builders, Inc. for this 24-unit affordable family rental housing development in Kent.
• Rice Heights Development - Nineteen houses are currently under construction
with the first five scheduled for completion in the first half of 2003.
• Deerfield Avenue - Two blighted homes at 18-20 and 46-48 Deerfield Avenue were
restored and sold to first-time homebuyers.
• Mortson/Putnam Heights - Phase I of this project, involving the sale of 19 homes
and a total of 28 units, is now complete with the closing on the sale of the last two
homes scheduled to take place in January.
• Park Terrace II - Construction is well underway, and the first residents are expected
to move into this 68-unit development early in 2003.
• 57-63 Benton Street - Construction of two new single family homes was completed
in 2002.
• Trumbull Townhomes in Trumbull - Thirty-seven of the 43 units have been closed
and sold.
CEDF
Technical Assistance
CEDF provided direct technical assistance to 70 loan clients that included 168 site
visits, averaging 2.4 visits per client. A total of 494 hours of direct one-on-one
technical assistance was provided with each visit averaging 2.8 hours. The areas of
technical assistance consisted of marketing, financial assistance, basic business
guidance, and some landlord negotiations.
Community Development Activity
CEDF held the CT Main Street Conference this year, which was a huge success.
The presenters offered diverse perspectives on a wide array of subjects. The
audience represented a very diverse population, which included economic
development professionals, community leaders, small business owners, municipal,
and state employees.
Loan Activity
During the year, $3,273,500 in gross loans were made. This includes $2,666,000 in
new loans and $607,500 of refinanced loans. This put CEDF ahead of budget, ending
the year with a committed balance of $6,599,662.
During the year, the pipeline of loan inquiries has been approximately double that of
prior years. This is partially a reflection of the Norwalk/Stamford loan program along
with the economy and banking trends.
8
New Investment Partnerships
In 2002, the Authority’s Board of Directors also approved investment partnerships
with the Connecticut Housing Investment Fund (CHIF) and the Greater New Haven
Community Loan Fund (GNHCLF).
The Authority continued to pursue ways of increasing its investment in local housing
and community development projects and initiatives in 2002. Earlier this year, the
Authority established an affordable housing investment partnership with Connecticut
Housing Investment Fund (CHIF). CHIF is a statewide Community Development
Financial Institution located in Hartford, which was established in 1968 to prevent
housing discrimination and increase homeownership for minority residents in the
Hartford area. CHIF has evolved, and now provides mortgage lending, development
consulting, and loan portfolio management. CHIF also services the Authority’s
Downpayment Assistance Program loans.
The Authority will invest up to $1.25 million with CHIF to support a 3-year pilot
program of affordable housing initiatives. The Authority will provide a loan to CHIF
in the amount of $1 million to be used to finance the rehabilitation of owner-occupied
one- to four-family buildings in inner cities using CHIF’s Neighborhood Rebuilder
Program. CHIF will match 50% of the Authority’s funds from CHIF’s Community
Loan Pool. In addition, the Authority will provide a loan in the amount of $250,000 to
finance predevelopment loans, which is matched by a grant to CHIF of $250,000 from
the Melville Charitable Trust. In addition, the Authority will purchase first mortgage
loans originated by CHIF under the USDA Rural Services Homeownership Program.
This would allow CHIF to continue to originate loans and provide the borrowers with
a mortgage rate lower than what CHIF is currently offering.
In addition to partnering with CHIF, the Authority partnered with the Greater New
Haven Community Loan Fund (GNHCLF) to invest up to $1.58 million to support
pilot programs of affordable housing initiatives of GNHCLF. The GNHCLF was
established in 1988 under the auspices of the Interfaith Cooperative Ministries. It
is a private, non-profit organization serving New Haven and the surrounding
region. Their purpose is to serve as an alternative source of low-cost financing for
homeownership and neighborhood revitalization initiatives. The GNHCLF’s emphasis
is on projects that promote resident control, homeownership, neighborhood stability,
and revitalization.
The Authority’s investment in GNHCLF includes providing a loan in the amount of
$500,000 to be used to fund short-term construction financing for the rehabilitation
or new construction of 1-4 unit properties for homeownership by low-to-moderate
income buyers. GNHCLF will secure matching funds of $500,000 from other
investors. The Authority will also provide a loan in the amount of $1 million to be
used to finance affordable rental housing developments of 20 units or less with
GNHCLF securing an investment of $500,000. In addition, the Authority will provide
a loan in the amount of $75,000 to finance predevelopment loans provided GNHCLF
obtains a matching grant of $75,000. The Authority will provide an equity
contribution of $5,000 in order to give the GNHCLF an opportunity to leverage
additional equity contributions from bank investors.
9
Rental Housing Financing
The Authority approved construction and/or permanent
financing for multifamily rental housing for families and
the elderly at the following developments in 2002. These
developments will provide 696 additional affordable
rental housing units for Connecticut residents.
Artspace Windham, Windham - Permanent financing in the amount of $1,200,000
was approved by the Authority for the rehabilitation of this four-story mill building.
Located on Main Street, the 48-units of family housing will target the region’s artistic
community. The finished development will include approximately 10,000 square feet
of commercial space. A “Gallery” will also function as a tenant lounge. The Authority
has also approved $886,867 in Low-Income Housing Tax Credits, sufficient to
produce $6,739,909 in equity proceeds.
Ninth Square Crown Street Project, New Haven - Construction and permanent
financing in the amount of $10,000,000 was approved by the Authority for 108
family apartment units located on Crown and State Streets in New Haven. The
combination of new construction and certified historic rehabilitation of the Howard
Arnold and S. Z. Field buildings will complete Phase II of the Ninth Square project.
The Authority has also approved $313,778 in Low-Income Housing Tax Credits,
sufficient to produce $2,615,144 in equity proceeds.
Cityscape Apartments, Hartford - Financing in the amount of $2,700,000 from the
Authority’s Investment Trust Fund has been approved for the construction and
permanent financing of this 74-unit family apartment development located on
scattered sites in Hartford’s Frog Hollow neighborhood. Eight of the twelve existing
buildings bear historical significance and will begin Phase II of the “Cityscape Plan.”
Nottingham Towers Apartments, Waterbury - This 165-unit, elderly housing
complex has been approved for $6,789,000 in construction and permanent financing
from the Authority. The development is a nine-story building located on nearly three
acres of land and is within easy access to Waterbury Plaza, CT Routes 8 and 84. The
Authority has also approved $218,944 in Low-Income Housing Tax Credits, sufficient
to produce $1,751,552 in equity proceeds.
Herbert T. Clark House, Glastonbury - The Authority approved construction
financing in the amount of $2,500,000 and permanent financing in the amount of
$2,280,000 for this 25-unit assisted living apartment development in Glastonbury,
which is adjacent to a State-funded congregate housing development. The proposed
five-acre site is conveniently located within several blocks of the town’s center, Route 3
and Interstate 91. The Authority has also approved $152,521 in Low-Income Housing
Tax Credits, sufficient to produce approximately $1,159,160 in equity proceeds.
Heritage Ridge, Canton - The Authority has approved construction and permanent
financing in the amount of $4,700,000 for 98 elderly housing units (55+). The
community will consist of five buildings along with a separate community building.
Located at the southern entrance to Canton Village, Heritage Ridge is minutes away
from Route 44. The Authority has also approved $714,200 in Low-Income Housing
Tax Credits, sufficient to produce $5,749,358 in equity proceeds.
10
Temple Street, Hartford - The Authority has approved $19,699,400 for the
construction and permanent financing for 78 new family apartments, street-level
retail, and a parking structure. The development will be comprised of the buildings of
the former Sage Allen department store complex. All of the buildings, with the
exception of the eight-story Main Street building, will be demolished and rebuilt into
78 loft-style apartments. The façades of the buildings will be restored and combined
with two new, contemporary “bookend” buildings.
Trumbull Centre, Hartford - The Authority approved an investment of $8,250,000
for this 100-unit market rate family development located on Lewis and Trumbull
Streets in an area formerly known as the “Cutter” site.
Developments
Placed In Service
In 2002
The developments listed below were placed in
service in 2002. These developments provided 548
additional units of affordable rental housing units
for Connecticut residents.
Orchard Ridge
Orchard Ridge
Watson Farm
Webster Street
Berlin
700 Deming Street
South Windsor
120 Units-Elderly
72 Units-Elderly
Authority Financing:
$5,450,000
$3,200,000
Tax Credits:
$814,184
Tax Credits:
$511,069
Summer Brook Apartments
fka Flanders East Apartments
Woodland Hills Apartments
fka Highwood Apartments
Darling Street
Southington
330 Highland Avenue
Torrington
180 Units-Family
176 Units-Family
$9,200,000
$7,520,000
Tax Credits:
$489,584
Tax Credits:
$609,138
Watson Farm
11
Tax Credit Programs
Low-Income Housing Tax Credit Program
When developing multifamily housing, debt financing such as
mortgage loans must be balanced with equity so that the project’s costs
are not so high as to make monthly rents prohibitively expensive for
the lower income families intended to be served. Tax credits are often
an important source of equity for developers, and they continue to be
highly sought in a time when subsidy dollars are limited.
Eleven Tax Credit Reservations Authorized in 2002
City/Town
Project Name
Canton
Glastonbury
Hartford
Heritage Ridge
Herbert T. Clark House
Brick Hollow
SANA
Casa Familia
Ninth Square Phase II
Safe Haven
Wauregan Hotel
Nottingham Towers
Laurel Commons
Artspace Windham
New Haven
Norwich
Waterbury
Winchester
Windham
Bridgeport
Farmington
Hartford
A
NC
R
SRO
T/E
12
Allocation
New Construction
Reservation
Single Room Occupancy
Tax-Exempt Bond Funding
Hamden
New Haven
Westport
Type of
Housing
Elderly/NC
Assisted Living/NC
Family/Rehab
Family/Rehab
Elderly/NC
Family/NC&Rehab
SRO/Supportive/Rehab
SRO/Rehab
Elderly/Rehab
Elderly/NC&Rehab
Family/Rehab
# Qualified Tax Credit
Units Units
Amount Status
98
25
56
108
30
108
33
70
165
44
48
78
25
56
108
30
70
33
70
165
44
48
$ 714,200
$ 152,521
$ 439,798
$1,142,618
$ 491,336
$ 313,778
$ 267,944
$1,034,925
$ 244,579
$ 436,190
$ 886,867
A
T/E
R
A
R
T/E
A
R
T/E
A
A
Low-Income Housing Credit Allocation Certifications Issued in 2002
Bridgeport YMCA
SRO/Rehab 102 102
$ 808,782
Park City RCH
SRO/Rehab
50
50
$ 461,622
Hunter's Ridge
Elderly/NC
50
50
$ 389,377
Wethersfield Commons
Family/Rehab
12
12
$ 147,123
Huntington Place
Family/Rehab
45
45
$ 435,867
Horace Bushnell Apartments
Family/Rehab
82
82
$ 439,100
River Ridge
Family/Elderly/NC
62
62
$ 647,053
Florence Virtue
Family/Rehab 128 100
$ 775,000
Hidden Brook (Imperial Homes)
Family/NC
39
39
$ 12,253
Low-Income Housing Credit Allocation Certifications Issued in 2002 by Virtue of Tax-Exempt Bonds
East Windsor
New Britain
Stamford
Winchester
Mill Pond Village
Franklin Square
Park Square West
The Glen
Family/Rehab
Elderly/Rehab
Family/NC
Elderly/NC
360
52
143
48
144
52
29
48
$
$
$
$
182,724
125,036
233,499
102,979
State Housing
Tax Credit Programs
State Housing Tax Credit Programs
In addition to serving as the allocating agency for the Federal Low-Income Housing
Tax Credit Program, the Authority administers two State tax credit programs: The
Employer Assisted Housing Tax Credit (EAHTC) Program and the Housing Tax
Credit Contribution (HTCC) Program.
Employer Assisted Housing Tax Credits
This program offers a way for businesses to reduce their State business taxes while
helping their employees with low-interest loans for downpayment assistance or
funding rental charges such as security deposit. There were no requests under the
EAHTC program for the tax credit round application deadline of November 1, 2002
for 2003 allocations.
Housing Tax Credit Contribution Program
In 2002, over $4.5 million in Housing Tax Credits were allocated by the Authority to
the non-profit organizations listed below, for a total of 752 affordable rental housing
units. The HTCC program provides tax credit vouchers for business firms making
cash contributions to specific qualified and approved housing programs, developed,
sponsored or managed by non-profit corporations. These specific housing programs
must benefit very low-, low- and moderate-income individuals and families.
Housing Tax Credit Contribution Program Allocations
Developer
Edgewood Elm Housing, Inc.
F.O.H., Inc.
NHS of New Haven, Inc.
Nutmeg Housing Development Corp.
Mutual Housing Association of Southwestern Connecticut
Fellowship, Inc.
O.N.E./C.H.A.N.E., Inc.
Mutual Housing Association of South
Central Connecticut, Inc.
Eastern Connecticut Housing Opportunities, Inc.
New London Development Corp.
Alderhouse Residential Communities, Inc.
HOPE, Inc.
SHA Development Corp.
TCB Connecticut, Inc.
Bridgeport Rotary Club Housing Corp.
O.N.E./C.H.A.N.E., Inc.
Fair Haven Development Corp.
WHA Development Corp.
HOPE, Inc.
New Haven Jewish Community Council Housing Corp.
First Baptist Housing of Bridgeport
Corp. for Urban Homeownership
TOTAL
Total
Units
Total
9
11
19
8
24
23
3
17
$ 400,000
400,000
400,000
400,000
397,000
302,495
272,324
255,000
29
9
11
2
56
6
100
3
9
44
2
211
120
36
752
254,200
200,000
189,422
185,000
151,252
150,000
115,000
110,500
100,000
100,000
80,000
65,000
25,000
1,200
$4,553,393
13
Financial Milestones
The Authority’s record year invested in its Homeownership Program was matched by
an all-time record year in earnings and in bonds issued to strengthen the Authority’s
financial position and to provide for its programs. The $713.5 million of bonds issued
included $433.3 million of refunding bonds to save on interest rates. These savings
were achieved in part by the use of a Forward Swap in a creative combination of two
existing transactions. The Authority has used such tools to take advantage of every
market opportunity to save on interest costs. Because of its strong ratings, AAA from
Standard & Poor’s and Aaa from Moody’s Investors Service, the Authority was able to
offer its borrowers the lowest possible interest rate throughout the year and to achieve
the maximum savings on these bonds.Those ratings also helped every taxpayer in the
State of Connecticut, because they have lifted the rating for the Authority’s bonds to
a level that has a positive impact on the State’s credit overall.
14
Bonds Refunded to Save on Interest Costs
To help support the State’s fiscal year 2003 budget, the Authority also agreed to
acquire the State’s housing loan assets from the Department of Economic and
Community Development for $85 million. These assets include over 1,000
mortgages in a variety of programs for properties that are owned by individuals,
private developers, non-profits and local housing authorities. The Authority
anticipates working with these owners and their tenants to strengthen this portfolio
and to strengthen the housing stock that supports these mortgages.
Purchases of CHFA
Programmatic Ginnie Mae Pools
The Authority also continued its practice of maximizing its investment of funds in
non-programmatic accounts in Ginnie Mae pools of Authority programmatic loans.
The Authority was able to invest another $164 million in these pools. Since 1999,
over $600 million of these pools have been purchased. This represents a dollar-fordollar addition to the funding available for investment in the Authority’s single
family program from tax-exempt bonds.
The Authority is now poised in 2003 for continued growth and support of the real
estate market in Connecticut and to bring homeownership within reach of more
Connecticut residents.
15
Staff
Executive
Legal
Gary E. King
Mary Bryant
William A. Dickerson
Mark P. McGuire
Michelle O. DeRosa
Lorraine G. Cariseo
Vincent J. Flynn
Janet P. Harrison
Tracy L. Morse
Lawrence C. Pilcher
Rebekah L. Rolle
Christine A. Schilke
Thomas R. Webb
Internal Audit
Regina Rentz
Susan M. McCarron
Trudy Novak
Human Resources
Brenda M. Crosby
Louis G. Daevis
Patricia A. Ignatowicz
Wanda D. Smith
Barbara Taylor
Planning, Program Development
& Customer Service
Carol A. DeRosa
John Boscarino
Peg M. Fitzgerald
Rose Holbrook
Laurie A. Littlehale
Judith L. Walter
Laura L. Zajac
16
Multifamily Housing
Bruce H. Perry
Annette B. Warden
Underwriting & Tech. Services
Michael J. Ward
Kim K. Black
Ellen M. Flanagan
Mark D. Hirsch
Margaret A. James
Robert L. Johnson
Joseph L. Marsan
Carl F. Stenman
Sheila G. Stone
William S. Zmijewski
Technical
An Chi Burow
George H. Kleven
Thaddeus S. Michalski
August P. Sarno
Multifamily - Rental Housing
John W. White, Jr.
Michele LaPila
Asset Management Team
Edmund M. Campion, Jr.
Ann C. Beach
William G. Dennis, Jr.
Diane J. Golebiewski
Cheryl A. Good
Patricia H. Gribko
Robin J. Piatti
Frank Stellato
Asset Management Team
Janice B. Alexander
Susan F. Allaire
Carol J. Cehelnik
Faraz Kelib
Claudette C. Mertens
Wendy W. Moores
Terry G. Nash
Art Niederfringer
Robin J. Piatti
John R. Peterson
Geralyn A. Prescott
Paul J. Sorbello
Delbe J. Spath, Jr.
Martha J. Walker
Finance &
Administration
John K. Craford
Linda W. Myjak
Edward G. Myskowski
Finance
Elizabeth M. Vallera
Kathy M. Godard
Derek Stubbs
Jerry Carriera
Chris Jasse
John Kalandyk
Gin-a Lee
Kelly A. Long
Fayette Mathis
Dawn N. Popolizio
Nancy Rodriguez
Carleen M. Roy
John C. Thayer
Administrative Services
Patricia I. Gutkoski
Mark T. Renick
Jose I. Lopez
Janice H. MacLean
Information Systems
Katherine Balesano
Ada M. Bielak
Gerald F. DePalma
Janne G. Gauthier
Xiao-Ling Kelleher
Robyn Wayland
Single Family Housing
Clarence E. Zachery
Nancy S. Daer
Portfolio Management
Shelby H. Campbell
Joseph A. DePaolo
Mary Jane Kononchik
Beatriz S. Lee
Cheryl S. Stavris
Glenda Torres-Hicks
Single Family Underwriting
Louis L. Bolella
Norma Cruz-Mathis
Antoinette Y. Dellert
Wyolene Fitzpatrick
Linda M. Iglesias
Terry P. Knott
Denise E. Warmsley
The following Authority staff
members reached benchmark
years of service in 2002.
5 Years
Brenda M. Crosby
Patricia H. Gribko
Mark D. Hirsch
Edward G. Myskowski
Sheila G. Stone
Affirmative Action Statement
The Connecticut Housing Finance Authority is committed to equal employment
in all phases of our operation. Annually, the Authority adopts an Affirmative Action
Plan that establishes policies for equal employment opportunity for all employees and
applicants for employment. The Authority treats all applicants and employees in a
non-discriminatory manner.
10 Years
Jerry Carriera
John K. Craford
Cheryl A. Good
Beatriz Lee
15 Years
Kim K. Black
Janice H. MacLean
Trudy Novak
Paul J. Sorbello
Glenda Torres-Hicks
Robyn Wayland
20 Years
Norma Cruz-Mathis
William A. Dickerson
25 Years
Shelby H. Campbell
Lorraine G. Cariseo
Occupational Categories
Grand
Total
Total
Male
Total
Female
White
Male
Black
Male
Hispanic
Male
Other
Male
White
Female
Black Hispanic Other
Female Female Female
Administrators/Officials
13
8
5
5
3
0
0
4
1
0
0
Senior Managers
4
3
1
3
0
0
0
0
0
1
0
Professional
43
18
25
16
2
0
0
16
3
3
3
Para-Professional
24
3
21
2
0
0
1
16
3
1
1
Technicians
5
4
1
4
0
0
0
1
0
0
0
Office/Clerical
18
3
15
2
0
1
0
11
3
0
1
TOTAL
107
39
68
32
5
1
1
48
10
5
5
17
Firms Receiving
in Excess of $5,000
for Services in 2002
ACL Services Ltd.
Acorn Housing Corporation
Airborne Express
Aramark
Biz Wiz
Bloomberg LP
Catholic Charities & Family Services
Diocese of Norwich, Inc.
CB Richard Ellis NE Partners
CL & P
Class Act Cleaning, LLC
Jason D. Claycomb
CNG
The Computer Company, Inc.
The Connection Inc.
Davids Travel International
The Day Publishing Co.
Decision Strategies
DeRosa Associates, Inc.
Essay Inc.
Federal Express Corp.
Gateway Crossings
Gilley Hinkel Architects LLC
Guardent Inc.
The Hartford Courant
Hedges & Hedges LTD
18
Housing & Development Software LLC
Image Graphics, Inc.
Independent Computer Support, Inc.
Infinity Broadcasting
Iron Mountain Records Management, Inc.
Italia & Lemp Inc.
KForce.Com
Legal Source LLC Inc.
Maguire Group Inc.
Marilyn’s of Course
MAZ Legal LLC
RP McDermott Associates, Inc.
Metropolitan District
Morrow Morgan Smith, Inc.
National Foundation for Credit Counseling
National Mortgage Counseling Centers
Neighborhood Housing Services, Inc.
New England Workout Group, LLC
New Haven Register
Ray S. Oliver Architectural Services
On Site Insight Inc.
Roy L. O’Neil, Jr.
OR&L Appraisal & Consulting
Owens Renz & Lee Company Inc.
Pathways Associates
Prime Media Inc.
Prinexus Inc.
RA Eick Quality Bookbinding, LLC
Randstad US LP
Recapitalization Advisors Inc.
Rollo Construction, LLC
Select Energy Contracting Inc.
SNET
Southern CT Newspapers
Spectrum Seminars Inc.
Sprint Communications Co. LP
Streckfus Company, LLC
Sun Micro Systems, Inc.
TAB Computer Systems, Inc.
Thames Printing Company Inc.
Urban League of Greater Hartford Inc.
VanZelm Haywood & Shadford, Inc.
Victor Advertising Service, LLC
Vinick Associates Inc.
Waterbury Republican-American
Wellspeak Dugas and Kane
West Publishing Corp.
This list doesn’t include Participating Lenders, Financial,
Trustee, Professional or Legal Services.
Participating Lenders
Allied Mortgage Capital
American Savings Bank
Amity Mortgage, LLC
Banknorth, N.A.
Blake Financial, LLC
Cendant Mortgage Corporation
Chase Manhattan Mortgage
Citibank, FSB
Chelsea Groton Savings Bank
CitiMortgage, Incorporated
Citizens Mortgage Corporation
Columbia National, Incorporated
Connecticut Home Mortgage
Connecticut Housing Investment Fund
Cornerstone Mortgage Associates, LLC
Countrywide Home Loans, Incorporated
Dime Savings Bank of Norwich
East Coast Financial Services
First Eastern Mortgage Corporation
First World Mortgage Corporation
Fleet National Bank
Franklin Mortgage
GMAC Mortgage Corporation
Guaranty Residential Lenders
Guilford Mortgage Services
Homestead Funding Corporation
Irwin Mortgage Corporation
Ivy Mortgage
Liberty Bank
McCue Mortgage Company
Metro Mortgage Corporation
Mortgage Solutions, Inc.
Mortgage Supercenter, Incorporated
NE Moves Mortgage
National City Mortgage Corporation
New Haven Savings Bank
NewMil Bank
NORCOM Mortgage
Northern States Mortgage
Northwest Community Bank
People’s Bank
Preferred Mortgage Finance, LLC
Pristine Mortgage, LLC
Putnam Savings Bank
Ridgefield Bank
Rockville Bank
Society Financial Corporation
Southington Mortgage, LLC
Sovereign Bank
The Diamond Mortgage Group
The Mortgage Finance Corporation
The Savings Bank of Manchester
The Savings Institute
Thomaston Savings Bank
Travis Mortgage, LLC
Tristate Mortgage Corporation
Wachovia Mortgage Corporation
Washington Mutual Home Loan
Webster Bank
Wells Fargo Home Mortgage
Westbank Corporation
Windsor Federal Savings & Loan Association
19
2002 Financial,
Professional and
Legal Services
Auditors
Whittlesey & Hadley, PC
Bond Counsel
Carmody & Torrance LLP
Hawkins, Delafield & Wood
Winston & Strawn
Bond Underwriters
Advest, Inc.
M.R. Beal & Co.
A.G. Edwards & Sons, Inc.
Goldman, Sachs & Company
Lehman Brothers
JP Morgan
Morgan Stanley
Merrill Lynch & Company
Quick & Reilly, Inc.
Raymond James & Associates, Inc.
Roosevelt & Cross, Inc.
Salomon Smith Barney
Siebert Brandford Shank & Co. LLC
UBS PaineWebber Incorporated
Wachovia Bank, NA
20
Foreclosure/Special/Workout Counsel
Arnold & Associates
Atlas & Hudon, LLP
Berchem, Moses & Devlin, PC
Bingham Dana, LLP
Brown, Paindiris & Scott, LLP
Carmody & Torrance LLP
Cicchetti & Tansley
Cohen, Auger, Burns & Hard
Kevin J. Daly, Jr., LLC
Dey, Smith & Associates, LLC
Gesmonde Pietrosimone Sgrignari & Pinkus LLC
Hunt Leibert Chester & Jacobson, PC
Levy & Droney, PC
Lynch, Traub, Keefe & Errante, PC
Murtha Cullina LLP
O'Malley, Deneen, Leary, Messina & Oswecki
The Pellegrino Law Firm
Reiner, Reiner & Bendett, PC
Samowitz & Samowitz LLC
Shipman & Goodwin, LLP
Sorokin Sorokin Gross & Hyde PC
Law Offices of Richard D. Tulisano, LLC
Updike, Kelly & Spellacy, PC
Willinger, Willinger & Bucci, PC
Financial Consultants
cfX Incorporated
Lamont Financial Services Corporation
Rating Agencies
Moody’s Investors Service
Standard & Poor’s Corporation
Trustee
State Street Bank and Trust Company
CONNECTICUT HOUSING FINANCE AUTHORITY - 2002 BOND ISSUES (1)
ISSUE
FACE
NET
AMOUNT PROCEEDS (2)
UNDERWRITERS
UNDERWRITERS
COUNSEL
BOND
COUNSEL
HOUSING MORTGAGE FINANCE PROGRAM BONDS
2002 SERIES A
SUBSERIES A-1, A-2
AND A-4
$80,000,000
$79,181,068 Salomon Smith Barney, Goldman, Sachs & Co., Merrill Lynch & Co., Advest, Inc., M.R. Beal & Company, A.G. Edwards
& Sons, Inc., Wachovia Bank, National Association, Lehman Brothers, JPMorgan, Morgan Stanley, UBS PaineWebber Inc.,
Quick & Reilly, Inc., Raymond James & Associates, Inc., Roosevelt & Cross, Inc., Siebert Brandford Shank & Co., LLC
Tobin, Carberry, O'Malley,
Riley & Selinger, P.C., Drubner
Hartley & O'Connor LLC
Carmody & Torrance LLP,
Hawkins, Delafield & Wood,
Winston & Strawn
2002 SERIES A
SUBSERIES A-3
AND A-5
$45,000,000
$44,761,773 Salomon Smith Barney
Winston & Strawn
2002 SERIES B
SUBSERIES B-1
AND B-2
$70,000,000
$69,306,511 Goldman, Sachs & Co., Merrill Lynch & Co., UBS PaineWebber Inc., Advest, Inc., M.R. Beal & Company, A.G. Edwards
& Sons, Inc., Lehman Brothers, JPMorgan, Morgan Stanley, Quick & Reilly, Inc., Raymond James & Associates, Inc.,
Roosevelt & Cross, Inc., Salomon Smith Barney, Siebert Brandford Shank & Co., LLC, Wachovia Bank, National Association
Winston & Strawn
2002 SERIES B
SUBSERIES B-3
$55,000,000
$54,699,979 Goldman, Sachs & Co.
Winston & Strawn
2002 SERIES C
$91,335,000
$91,085,503 Merrill Lynch & Co.
Winston & Strawn
2002 SERIES D
SUBSERIES D-1
AND D-2
$174,305,000
$173,783,668 Goldman, Sachs & Co.
Winston & Strawn
2002 SERIES D
SUBSERIES D-3
$48,565,000
$48,414,980 UBS PaineWebber Inc.
Hartley & O'Connor LLC:
Hawkins. Delafield & Wood,
Winston & Strawn
2002 SERIES E
$17,295,000
$17,002,000 Merrill Lynch & Co., UBS PaineWebber Inc., Salomon Smith Barney, Advest, Inc., M.R. Beal & Company, A.G. Edwards
& Sons, Inc., Goldman, Sachs & Co., Lehman Brothers, JPMorgan, Morgan Stanley, Quick & Reilly, Inc., Raymond James &
Associates, Inc., Roosevelt & Cross, Inc., Siebert Brandford Shank & Co., LLC, Wachovia Bank, National Association
Winston & Strawn
2002 SERIES F
SUBSERIES F-1
AND F-3
$65,400,000
$64,663,627 Merrill Lynch & Co., UBS PaineWebber Inc., Salomon Smith Barney, Advest, Inc., M.R. Beal & Company, A.G. Edwards
& Sons, Inc., Goldman. Sachs & Co., Lehman Brothers, JPMorgan, Morgan Stanley, Quick & Reilly, Inc., Raymond James &
Associates, Inc., Roosevelt & Cross, Inc., Siebert Brandford Shank & Co., LLC, Wachovia Bank, National Association
Winston & Strawn
2002 SERIES F
SUBSERIES F-2
$40,000,000
$39,751,056 Merrill Lynch & Co.
Hawkins. Delafield & Wood,
Winston & Strawn
Riley& Selinger, P.C.
Hawkins, Delafield & Wood
SPECIAL NEEDS HOUSING MORTGAGE FINANCE PROGRAM SPECIAL OBLIGATION BONDS
SERIES SNH-1
SERIES SNH-2
SERIES SNH-3
TOTAL
$9,295,000
$15,445,000
$9,000,810 Advest, Inc.
$15,400,000
$1,870,000
$1,327,873
$713,510,000
$708,378,848
(1) All issues were sold on a negotiated basis. The Financial Advisor for all issues was Lamont Financial Services Corporation.
(2) Net of accrued interest, original issue discount and costs of issuance.
21
A Look Ahead to 2003
As we look ahead to 2003, the Authority will continue to pursue all opportunities for
building strong communities and neighborhoods in support of the State’s priorities for
affordable housing, economic, and community development. The Authority’s goal is to
purchase 5,000 mortgages totaling $580 million and to provide Downpayment
Assistance loans to 1,950 borrowers totaling $11.5 million. The Authority will also
continue to develop marketing, education, and outreach strategies in order to increase
the general public’s awareness of the Authority’s Homebuyer Mortgage Programs. Special
outreach efforts to targeted populations will continue and will include public housing
tenants, volunteer firefighters and EMT’s, nurses, and early child care providers.
In 2003 the Authority will develop a three-year pilot program to increase
homeownership in the State’s 16 federally targeted areas. Priority will be given to
initiatives developed in conjunction with local stake holders that maximize the use of
the Authority’s current programs and leverage local, state, and federal resources.
The Authority’s multifamily financing and Low-income Housing Tax Credit Programs
continue to be a valuable resource for developers seeking to build and preserve
affordable housing. In 2003 the Authority’s goal is to finance the development of 1,000
units of affordable rental housing for low-income families and the elderly. The
Authority will continue to work with the State and its agencies in the development of
affordable housing and supportive services for persons with special needs. This includes
the development of 300 additional units of Supportive Housing, as well as continuing
to implement the Assisted Living Demonstration Project.
The Authority will complete the acquisition, review, and analysis of the Department of
Economic and Community Development’s loan portfolio in order to enhance the
investment return, create program efficiencies, and identify the need and opportunity
22
for preserving and enhancing the State funded housing assets. In 2003 the Authority
will continue to identify new opportunities to invest and partner with local community
development and technical assistance organizations to leverage additional resources for
neighborhood revitalization and economic and community development. The
Authority will continue to provide technical and administrative support to the Capital
City Economic Development Authority (CCEDA) and upon request, consider assisting
in the financing of selected housing developments.
In 2003 Connecticut’s highest federal priority will be the passage of legislation to repeal
the Ten-Year Rule. Despite the enactment of legislation in December 2000 to increase
the tax-exempt private activity bond cap, the Ten-Year Rule offsets all gains received
from the volume cap increase. The Rule, enacted in 1988, requires housing finance
authorities to use repayments of MRB loans they receive more than 10 years after the
MRB issue to pay off the outstanding bond, instead of using the funds to finance
new mortgages.
The circumstances that led Congress to impose the rule no longer apply. Congress
included the Rule in the 1988 Tax Act to prevent Mortgage Revenue Bond recycling
beyond the MRB program’s anticipated sunset in 1989. However, in 1993, Congress
made MRB’s a permanent part of the Tax Code, making the Ten-Year Rule obsolete.
Congress imposed the rule in anticipation of a sunset of the program that never
occurred. As a result of the Ten-Year Rule, the Authority loses its ability to provide
financing to over 9,400 first-time homebuyers. Each year the Ten-Year Rule is in
effect, this number will continue to grow. If the law is not changed, it will soon
cause a substantial curtailment in the Authority’s housing programs for
Connecticut’s families.
Historical Data
The numbers herein reflect both the 2002 totals and
the cumulative totals for the years 1969-2002. Note:
Figures under Rental Housing include LIHTC and
Special Program developments.
Historical Statewide Distribution of Loans and Tax Credits
Summary
Totals
Home Mortgages
Reverse Annuity Mortgages
Rental Housing Units
Group Home Units
Low-Income Housing Tax Credit Units
Fairfield County
2002
4,610
11
863
91
785
Home
Mortgages
Total Funding
1969 - 2002
96,864
880
27,228
344
12,490
Reverse Annuity
Mortgages
Bethel
Bridgeport
Brookfield
Danbury
Darien
Easton
Fairfield
Greenwich
Monroe
New Canaan
New Fairfield
Newtown
Norwalk
Redding
Ridgefield
Shelton
Sherman
Stamford
Stratford
Trumbull
Weston
Westport
Wilton
2002 1969-2002 2002 1969-2002
17
311
0
6
229
6,306
0
20
6
210
0
6
59
1,701
0
20
0
5
0
5
0
0
0
4
4
171
0
23
0
10
0
20
1
54
0
7
0
4
1
5
2
182
0
2
3
111
0
9
47
1,559
1
19
1
2
0
2
2
34
0
1
10
288
0
4
1
11
0
1
35
1,028
1
27
37
1,145
0
28
12
75
0
9
0
1
0
2
0
18
1
17
0
6
0
2
TOTAL
466
13,232
4
239
2002
$ 497.4 million
$ 2.0 milion
$ 51.5 million
$ 8.4 million
$ 6.1 million
1969 - 2002
$ 6.7 billion
$93.1 million
$ 1.1 billion
$27.3 million
$70.1 million
Rental Housing
Units
Group Homes
Units
2002 1969-2002
0
0
0
1,291
0
0
0
617
0
0
0
0
0
100
0
76
0
0
0
60
0
0
0
0
0
399
0
0
0
25
0
6
0
0
0
1,855
0
0
0
0
0
0
0
39
0
0
2002 1969-2002
3
3
10
10
0
0
0
0
0
0
0
0
0
0
0
2
3
24
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6
18
4
15
0
0
0
0
0
0
0
4,468
26
Hartford County
Home
Mortgages
Reverse Annuity
Mortgages
Rental Housing
Units
Group Homes
Units
Avon
Berlin
Bloomfield
Bristol
Burlington
Canton
East Granby
East Hartford
East Windsor
Enfield
Farmington
Glastonbury
Granby
Hartford
Hartland
Manchester
Marlborough
New Britain
Newington
Plainville
Rocky Hill
Simsbury
Southington
South Windsor
Suffield
West Hartford
Wethersfield
Windsor
Windsor Locks
2002 1969-2002 2002 1969-2002
0
70
0
2
3
283
0
13
39
971
0
3
182
3,434
0
11
2
116
0
1
3
129
0
4
3
93
0
0
161
2,619
0
16
12
305
0
1
78
2,721
0
6
14
297
0
7
10
330
0
10
2
108
0
1
269
5,495
0
8
0
18
0
0
120
2,473
1
18
2
84
0
1
175
3,882
0
9
69
1,058
0
17
46
1,107
0
3
27
440
0
4
12
175
0
6
23
1,061
0
11
24
704
0
2
5
190
1
1
35
767
0
32
25
518
0
11
50
985
0
14
25
561
0
7
2002 1969-2002 2002 1969-2002
0
95
0
0
0
120
0
0
0
419
6
6
0
646
0
0
0
0
0
0
98
98
0
0
0
0
0
0
0
322
0
6
0
360
0
0
0
841
0
0
0
225
3
3
25
155
0
4
0
32
0
0
242
4,014
0
0
0
0
0
0
0
894
0
0
0
0
0
0
0
1,243
0
0
0
203
0
0
0
90
0
0
0
156
0
0
0
50
0
0
0
180
0
0
0
72
0
3
0
0
0
0
0
258
8
13
0
360
0
3
0
39
0
8
0
21
0
0
TOTAL
1,416
365
30,994
2
219
10,893
17
46
72
23
Litchfield County
24
Home
Mortgages
Reverse Annuity
Mortgages
Barkhamsted
Bethlehem
Bridgewater
Canaan
Colebrook
Cornwall
Goshen
Harwinton
Kent
Litchfield
Morris
New Hartford
New Milford
Norfolk
North Canaan
Plymouth
Roxbury
Salisbury
Sharon
Thomaston
Torrington
Warren
Washington
Watertown
Winchester
Woodbury
2002 1969-2002 2002 1969-2002
1
51
0
0
0
10
0
0
0
3
0
1
0
19
0
4
0
17
0
2
0
5
0
4
0
16
0
0
0
63
0
0
0
14
0
1
3
62
0
6
0
10
0
0
5
88
0
1
25
590
0
7
0
18
0
0
1
29
0
0
30
547
0
2
0
1
0
1
1
12
0
2
0
12
0
2
20
265
0
0
121
1,822
0
8
0
7
0
0
0
11
0
4
19
597
1
7
17
349
0
1
7
39
0
1
TOTAL
250
4,657
1
54
Rental Housing
Units
Group Homes
Units
2002 1969-2002 2002 1969-2002
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3
3
0
0
0
4
0
24
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
40
0
0
0
0
0
0
0
37
0
0
0
0
0
0
0
0
0
3
0
0
0
0
0
0
0
0
0
0
0
0
0
397
3
12
0
0
0
0
0
0
0
0
0
81
10
10
44
92
2
2
0
0
0
0
44
671
18
34
Middlesex County
Home
Mortgages
Chester
Clinton
Cromwell
Deep River
Durham
East Haddam
East Hampton
Essex
Haddam
Killingworth
Middlefield
Middletown
Old Saybrook
Portland
Westbrook
2002 1969-2002
2
44
4
200
40
459
7
86
0
63
2
147
7
290
1
67
1
50
2
21
2
73
114
1,596
1
118
5
129
1
67
TOTAL
189
3,410
Reverse Annuity
Mortgages
Rental Housing
Units
Group Homes
Units
2002 1969-2002 2002 1969-2002 2002 1969-2002
0
1
0
23
0
0
0
12
0
0
0
0
0
2
0
64
0
4
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
2
0
0
0
0
0
4
0
0
0
0
0
1
0
0
0
0
0
2
0
0
0
0
0
0
0
0
0
0
0
10
0
574
0
18
0
13
0
14
0
0
0
4
0
0
7
7
0
0
0
0
0
0
0
52
0
675
7
29
New Haven County
Home
Mortgages
Reverse Annuity
Mortgages
Rental Housing
Units
Group Homes
Units
Ansonia
Beacon Falls
Bethany
Branford
Cheshire
Derby
East Haven
Guilford
Hamden
Madison
Meriden
Middlebury
Milford
Naugatuck
New Haven
North Branford
North Haven
Orange
Oxford
Prospect
Seymour
Southbury
Wallingford
Waterbury
West Haven
Wolcott
Woodbridge
2002 1969-2002 2002 1969-2002
21
444
0
4
3
106
0
0
0
10
0
0
28
434
0
4
6
214
0
8
16
213
0
0
45
1,207
0
10
9
115
0
4
62
1,203
1
14
0
45
0
8
215
3,656
0
13
0
50
0
2
41
828
1
22
58
1,478
0
4
208
4,738
0
16
11
174
0
0
6
196
0
6
1
18
1
3
1
36
0
3
3
80
0
4
15
255
0
2
2
62
0
31
46
1,123
0
6
512
6,930
0
17
69
2,274
0
11
20
500
0
2
1
12
0
1
2002 1969-2002 2002 1969-2002
0
75
0
0
0
0
0
0
0
0
0
0
0
89
0
6
0
100
0
0
0
0
0
0
0
18
0
6
0
26
8
8
0
238
0
5
0
0
0
0
0
551
0
0
0
0
0
6
0
120
5
5
0
6
0
0
171
2,905
0
10
0
0
0
0
0
0
0
5
0
0
0
3
0
0
0
6
0
0
0
0
0
0
0
0
0
0
0
10
0
160
0
6
165
1,997
4
4
0
180
0
9
0
54
0
17
0
30
0
0
TOTAL
1,399
336
26,401
3
195
6,549
17
New London County
Home
Mortgages
Reverse Annuity
Mortgages
Rental Housing
Units
Group Homes
Units
Bozrah
Colchester
East Lyme
Franklin
Griswold
Groton
Lebanon
Ledyard
Lisbon
Lyme
Montville
New London
North Stonington
Norwich
Old Lyme
Preston
Salem
Sprague
Stonington
Voluntown
Waterford
2002 1969-2002 2002 1969-2002 2002 1969-2002 2002 1969-2002
1
63
0
1
0
0
0
0
9
450
0
1
0
221
0
0
7
338
1
10
0
100
0
3
1
36
0
1
0
0
0
0
26
642
0
0
0
27
0
0
46
1,169
0
13
0
299
0
6
7
170
0
1
0
0
0
0
10
785
0
2
0
0
0
0
7
182
0
2
0
0
0
0
0
8
0
2
0
0
0
0
20
867
0
3
0
0
0
4
111
1,649
0
13
0
561
0
6
1
108
0
1
0
0
0
0
98
1,818
0
8
70
1,021
0
0
0
60
0
6
0
0
0
6
2
101
0
0
0
0
0
0
1
74
0
1
0
0
3
3
3
70
0
0
0
0
0
0
5
425
0
14
0
160
0
4
6
125
0
1
0
0
0
0
25
746
0
7
0
26
0
10
TOTAL
386
9,886
1
87
70
2,415
3
42
106
25
KEY:
DSS:
DMR:
DECD:
DMH:
H:
LIHTC:
REO:
SH:
SP:
SRO:
*
**
∞
Tolland County
Home
Mortgages
Reverse Annuity
Mortgages
Rental Housing
Units
Group Homes
Units
Andover
Bolton
Columbia
Coventry
Ellington
Hebron
Mansfield
Somers
Stafford
Tolland
Union
Vernon
Willington
2002 1969-2002 2002 1969-2002 2002 1969-2002 2002 1969-2002
2
98
0
1
0
0
0
0
2
97
0
2
0
0
0
0
5
127
0
0
0
0
0
0
16
593
0
5
0
0
0
0
9
457
0
0
0
216
0
6
5
182
0
2
0
0
0
0
9
223
0
0
0
0
0
0
1
80
0
2
0
0
0
0
29
528
0
1
0
0
0
0
6
352
0
0
0
0
0
0
0
10
0
1
0
0
0
0
69
1,186
0
4
0
608
0
6
8
163
0
0
0
0
0
0
TOTAL
161
4,096
0
18
0
824
0
12
Windham County
Ashford
Brooklyn
Canterbury
Chaplin
Eastford
Hampton
Killingly
Plainfield
Pomfret
Putnam
Scotland
Sterling
Thompson
Windham
Woodstock
TOTAL
GRAND TOTAL
26
Home
Mortgages
Pages 27-32
Department of Social Services
Department of Mental Retardation
Department of Economic and Community Development
Department of Mental Health
Handicapped
Low-Income Housing Tax Credits
Real Estate Owned
Supportive Housing
Special Program
Single Room Occupancy
No longer in the CHFA portfolio.
Financing and/or Tax Credits approved in 2002
4% tax credits provided in conjunction with tax-exempt bonds
Reverse Annuity
Mortgages
Rental Housing
Units
Group Homes
Units
2002 1969-2002 2002 1969-2002 2002 1969-2002 2002 1969-2002
9
152
0
0
0
0
0
0
19
209
0
2
0
83
3
3
4
141
0
0
0
0
0
0
6
58
0
1
0
0
0
0
4
27
0
0
0
0
0
0
3
37
0
0
0
0
0
0
71
728
0
2
0
57
0
0
58
915
0
2
0
89
0
0
4
39
0
0
0
0
0
0
29
360
0
3
0
72
0
0
4
44
0
0
0
0
0
0
12
154
0
1
0
0
0
0
4
212
0
3
0
64
0
0
97
982
0
1
48
368
0
0
19
130
0
1
0
0
0
0
343
4,188
0
16
48
733
3
3
4,610
96,864
11
880
863
27,228
91
344
Fairfield County Continued.
FAIRFIELD COUNTY
TOWN
Bridgeport
Danbury
Fairfield
Greenwich
New Canaan
Norwalk
PROJECT NAME
229-236 Logan Street
2450 Main Street*
379-395 East Main Street
Apartments
426-628 Stillman Street
682 & 686 Maple Street
99-115 Williams Street*
Artspace Bridgeport
Augustana Tower
Barnum House
Bishop Place
Bridgeport Elderly
Bridgeport YMCA
Clifford House
Congers House
Crescent Building
Fairfield Avenue Apartments
Maplewood School
Park City RCH
Putnam Square
Renaissance Plaza
Rose Heights
Tower II
Truman Park
Unity Heights
Washington Park Apartments
Wayne Street Apartments
Yale Street Commons
Blind Brook Run
Danbury Commons
Danbury Tower
Harrison Square
Ives Manor
Kimberly Place
Palace View Senior Housing
Parish Court
Parsonage Cottage
Quarry Knoll II
Canaan Parish
106-108 Cedar Street
30 West Street
Bethel A M E (SP)
Crestwood Co-Op* (SP)
New City Hotel
Norwalk Elderly Apartments
Oak Knoll Apartments
Old Marvin School
ADDRESS
229-236 Logan Street
2450 Main Street
426-628 Stillman Street
682 & 686 Maple Street
Williams Street & East Washington
1042-1060 Broad Street
525 Palisades Avenue
140 Fairfield Avenue
20 Bishop Avenue
2400 North Avenue
651 State Street
1450 Main Street`
616-618 Kossuth Street
431 Washington Street
1062 Fairfield Avenue
434 Maplewood AVenue
752 Park Avenue
1428-1438 East Main
210 Washington Avenue
1491 Central Avenue
71 Truman Street
440 Lyon Terrace
Norman Street
145 Wayne Street
1027 Fairfirle Avenue
23-25 Williams Street
51 Main Street
40 Williams Street
52 Main Street
198 Main Street
19 Main Street
132 Main Street
175 Warde Terrace
88 Parsonage Road
Quarry Knoll Drive
186 Lakeview Avenue
106-108 Cedar Street
30 West Street
30-32 Merwin Street
300 Ely Avenue
40 South Main Street
1 Leonard Street
544 Connecticut Ave #101
60 Gregory Boulevard
PE OF
Family
Family
FEDERAL SUB TOTAL UN QUALIFIED TAX CREDIT
6
6
$17,398
16
16
$28,618
Family
Family
Family
Family
Family/Rehab
Elderly
Section 8
Elderly
Section 8
Family
Elderly
Section 8
SRO
Elderly
Section 8
Family
SH
SH
Family
SRO
Family
Family
Family
Elderly
Section 8
Family
Section 8
Family
Section 236
Family
Family
Family
Family/Rehab
Family/Elderly Section 8
Elderly
Section 8
Family/Elderly
Elderly
Section 8
Elderly
Section 8
Elderly
Elderly
Section 8
Elderly
Elderly
Section 8
Family
Section 8
Family
Family
Family
Family
SRO
Elderly
Section 8
Family
Elderly
27
6
4
14
63
180
84
15
85
102
101
8
38
34
32
50
18
81
16
137
30
50
35
15
44
4
188
81
60
98
116
70
100
36
40
60
40
17
10
19
44
52
42
49
27
6
4
14
63
180
84
15
85
102
101
8
38
34
28
50
18
81
16
137
30
50
35
15
44
4
188
81
60
98
116
70
100
29
40
60
40
17
10
19
44
52
20
49
$116,304
$13,597
$5,945
$13.062
$681,341
CHFA FINAN
TOWN
Ridgefield
Shelton
Stamford
$2,740,000
$9,000,000
$3,880,000
$154,433
$808,782
$66,855
$377,921
$328,803
$261,081
$463,431
$159,994
$696,170
$77,439
$11,316,400
$3,206,000
$2,721,000
$475,000
$425,000
$878,700
$4,230,000
$6,336,500
$860,000
$1,931,388
$442,093
$148,986
$452,119
$33,705
$1,505,000
PROJECT NAME
River Commons
Saint Paul’s
Woodward Cliffs (SP)
Halpin Court
16-18 Oak Avenue
Atlantic Park Apartments
Augustus Manor
Coleman Towers*
Daniel Hanrahan House
Glenbrook Road
Henry Place
Liberty Street Apartments
Linden Apartments
Ludlow Townhouses
Mapleview Towers
Morgan Street
New Algiers
Newbury Commons
Park Square West ∞
Rippowam Park Apartments
Saint Maurice Elderly
Shippan Place
Southfield Village
Southwood Square Phase III
Stamford Green
Stillwater Heights
The Atlantic
The Colony
Trinity Park Mutual Housing
Hidden Brook (Imperial Homes)
$8,500,000
$7,061,200
Westport
$2,002,600
$6,000,000
HARTFORD COUNTY
ADDRESS
15 School Street & 18 Cross
28 Martin Luther King Drive
53-55 Woodward Avenue
17 Halpin Lane
16-18 Oak Avenue
658-668 Atlantic Street
101 Main Street
72 Spruce Street
39 Adams Avenue
10 Glenbrook Road
67-71 Henry Place
44 Liberty Street
10-12 Linden Place
73-3 Ludlow Street
51 Grove Street
100 Morgan Street
86 West Main Street
1450 Washington Blvd.
One Summer Street
11 North Street
235 Glenbrook Road
521 Shippan Avenue
75 Putnam Lane
Southwood Drive & Pequot Street
482 West Main Street
53-55 Stillwater Avenue
221-225 Atlantic Street
41-44 Ludlow Street
80 Spruce Street
1665 Post Road
Fairfield County Totals
PE OF
Family
34
34
$357,608
Family
Section 236 86
86
Family
6
6
$52,781
Family/Rehab
25
25
$62,289
Family
6
6
$24,433
SH
27
27
$275,363
Elderly
Section 8 105
105
Family
89
89
Family
Section 8
3
3
Elderly
Section 8
44
44
Family
Section 8
28
28
Family
Section 8
8
8
Family
Section 8
6
6
Family
Section 236 36
36
Elderly
Section 8 101
101
Family/Elderly
263
210
$197,777
Family
Section 8
12
12
Family
260
52
Family/Elderly
143
29
$276,449
Elderly
Section 8
82
82
Elderly
30
30
$168,476
Elderly
Section 8 148
148
Family/NC
149
92
$1,731,738
Family/NC
110
92
$1,650,000
Elderly
Section 8
91
91
Family
15
15
$168,102
Elderly
28
28
$298,119
SH
29
29
$250,420
Family
48
48
$292,801
Family
39
39
$293,585
4,468
3,985
CHFA FINAN
$648,700
$2,323,900
$350,000
$337,500
$5,933,700
$500,000
$106,500
$1,557,400
$1,900,000
$366,000
$265,100
$1,294,021
$3,626,300
$581,700
$29,000,000
$26,000,000
$3,392,300
$1,490,000
$20,620,362
$7,650,925
$12,582,672
$5,262,200
$362,500
$14,793,523 $213,064,170
$755,940
$697,310
TOWN
Avon
$1,735,000
$286,425
$1,358,300
$2,256,000
Berlin
Bloomfield
$426,445
$125,525
$1,100,000
$1,688,000
Bristol
$269,819
$148,599
$635,442
$2,376,302
$3,350,000
Canton
PROJECT NAME
Old Farms Crossing
Whispering Pines
Orchard Ridge
Deer Meadow
East Wintonbury*
Wintonbury Park II
Woodside Village
Georgian Manor
Huntington Woods
Meridian Tower
Redstone Apartments ∞
Stearns Street
Heritage Ridge**
ADDRESS
Sandscreen Road
Bickford Drive Extension
Webster Street
1-48 Deer Meadow
40 Barry Circle
3-9 Bestor Lane
8 Dorothy Drive
498 Stafford Avenue
200 Blakeslee & Queen Streets
52 Shelia Court
Surrey Drive
57 Stearns Street
Commerce Way
PE OF
Family
45
45
$416,034
Elderly
50
50
$391,569
Elderly
120
96
$814,184
Family
48
20
$166,845
Family
Section 236 111
111
Elderly
Section 236 84
84
Elderly
Section 8 176
176
Elderly
Section 8
49
49
Family
280
112
$881,993
Elderly
Section 8 173
173
Family/Rehab
132
132
$171,178
Family
12
12
$9,902
Elderly
98
78
$714,200
CHFA FINAN
$2,950,000
$2,465,000
$5,450,000
$2,570,000
$2,392,100
$1,432,100
$17,807,700
$1,546,900
$14,750,000
$7,977,000
$5,700,000
$4,700,000
27
Hartford County Continued.
TOWN
PROJECT NAME
East Hartford Easton Place
Hartford East
Saint Mary’s
Willow Arms
East Windsor Mill Pond Village ∞
Enfield
Bigelow Commons
Crossroads of Enfield
Freshwater Pond
Woodgate II
Farmington Heritage Glen
Hunter’s Ridge
New Horizons*
Westwoods
Winthrop Drive Co-op
Glastonbury Carter Court Coop ∞
Herbert T. Clark House** ∞
Naubuc Green
Granby
Salmon Brook
Hartford
24 Alden Street
529 Ann Street*
80-84 Lenox Street*
929-934 Park Street
Apartments
Annawan Apartments ∞
Artspace
Asylum Hill
Asylum West
Billings Forge*
Brick Hollow
Buckingham Capitol (SP)
Charter Oak Place*
Cityscape Apartments
Clay Commons West (SP)
Clearview Apartments
Clemens Place/Intown West*
Congress Street*
Cooper Brothers (SP)
Cornerstone Apartments*
Dillon Place
Dorothy Street*
Earle Street and Infill
Redevelopment
Farmington Avenue
Apartments
Frog Hollow Homes
Frog Hollow Homes
Garden Street Apartments
Historic Asylum Hill
Historic Asylum Hill
28
ADDRESS
1-36 Jaidee Drive
886 Main Street
1451 Main Street
446 Main Street
Depot Street
55 Main Street
91 Daro Drive
Thistle Land, Building #4
One Gatewood Drive
300 Colt Highway
Hunter’s Ridge Road
Westview Terrace
308-312 Scott Swamp Road
1-6 Winthrop Drive
1 Carter Lane
Canione Road
193 Welles Street
Salmon Brook Street
24 Alden Street
529 Ann Street
80-84 Lenox Street
PE OF
Family/Elderly
50
50
$415,343
Elderly
Section 8 120
120
Elderly
Section 8
56
56
Elderly
Section 8
96
96
Rehab/Family
360
144
$142,200
Family
468
95
Family
90
18
Family
Section 8
75
75
Family/Elderly
208
42
Family
67
31
$283,223
Elderly
50
50
$389,377
H
62
62
Family
34
34
$289,609
Family
12
12
NC/Family
20
20
$161,846
NC/Assisted Living
25
25
$152,521
Elderly
Section 8 110
110
Elderly
32
32
$61,611
Family
6
6
$38,438
Family
9
9
$41,414
Family
12
12
$23,054
929-934 Park Street
29 Annawan Street
555 Asylum Street
221 Main Street
944 Asylum Avenue
140 Russ Street
York and Zion Streets
213-217 Buckingham Street
23-27 Charter Oak Place
Scattered Sites
1-5 Clay Street
469-516 Garden Street
16 Owens Street
10-12, 18, 27 Congress Street & 52-56 Maple Street
407 Albana Avenue
407 Wethersfield Avenue
54-84 Hendricxen Street
15-39 Dorothy Street
Family
Rehab/Family
Family
Family
Family
Section 8
Family/Elderly
Family/Rehab
Family
Family
Family/Rehab
Family
Family
Family/Elderly
Family
Family
Family
Family/Rehab
Family/Handicapped Section 8
30
56
45
75
30
99
56
24
10
74
14
37
583
40
10
7
65
48
30
56
43
75
30
20
56
24
10
74
14
37
117
40
10
7
65
48
150-180 Earle Street
274-276, 270-278 Farmington
Avenue
144-192 Affleck Street
144-0192 Affleck Street
343 Garden Street
234-236 Ashley Street
926-930 Asylum Avenue
Family/Rehab
100
100
$505,184
Family
Family
Family
Family
Family
Family
31
51
26
98
81
24
31
51
26
0
81
24
$137,656
$261,782
CHFA FINAN
$2,500,000
$5,509,800
$1,903,200
$9,695,549
$22,648,989
$19,500,000
$3,460,000
$7,693,450
$9,350,000
$1,820,000
$2,225,000
$9,038,700
$1,887,000
$700,650
$306,000
$2,500,000
$4,317,600
TOWN
PROJECT NAME
Horace Bushnell Apartments
Hudson View Commons
Hudson Park Project
Huntington Place ∞
Huntington Place Phase II ∞
Jefferson/Seymour
Apartments
Michael D. Fox School
Monica Apartments
My Sisters’ Place Apartments
Nelson Street Apartments
Northeast Hartford Affordable
Housing
Park Street Apartments
Park Terrace II ∞
Putnam Park (SP)
SANA
SANA
Sheldon Oak Cooperative
$207,383
$294,462
$612,364
$558,498
$1,033,000
$3,756,600
$439,798
$84,259
$770,000
$795,000
$450,000
$2,700,000
$1,142,000
$51,085
$22,388,500
$163,636
$625,534
$551,900
$200,000
$2,684,663
$1,000,000
Manchester
$3,000,000
New Britain
Section 236
$411,000
$2,077,700
$519,227
$633,000
ADDRESS
4-40 Vine Street
519-533, 541-543 Hudson Street
142-180 Seymour Street
32 Huntington Street
46-48 Huntington Street
94-96, 98-100 Jefferson &
134-138 Seymour Streets
461 Washington Street
90 Webster Street
2219-2259 Main Street
53-55/59-61 Nelson Street
PE OF
Family
82
82
$439,100
SH
28
28
$266,963
Family
44
44
$369,576
Rehab/Family
45
45
$435,867
Rehab/Family
23
23
$260,786
Family
Elderly
Family
SRO
Family
Section 8
Scattered Sites
Family/Rehab
887-901 Park Street
Family
Park Terrace
Rehab/Family
751-5/787-795 Park & 58-60 Putnam Streets
Family
1630 Main Street
1630 Main Street
Family/Rehab
90-96 Charter Oak Ave,
Family
151-161 Sheldon/50-62 Prospect Streets
Shepherd Park
170 Sisson Avenue
Elderly
Section 8
Sigourney Mews
232-238 Sigourney Street
Family
Sigourney Square
280-82 Sigourney Street
Elderly
Section 8
Sumner House
57-59 Sumner Street
Elderly
Temple Street**
18 Temple Street
Family
The Greens
116 Brook Street
Family
The Retreat ∞
90 Retreat Ave
NC/Assisted Living
Townley Street Apartments
28-30 Townley Street
Family
1668-1670 & 1678-1680 Broad Street
Family
Trinity Gates
Trumbull Centre**
92-98 Trumbull Street & 25-41 Lewis Street Family/Rehab
Twin Acres
134-186 Stonington Street
Family
Apartments
Washington Street
Family/Rehab
Webster Street Mutual Housing 63-75 Webster Street
Family/Rehab
Wethersfield Avenue
Apartments
277-283 Wethersfield Avenue
Family
Wethersfield Commons
32-38 Wethersfield Avenue
Family/Rehab
Wyllys/Lisbon House
26-28 Lisbon & Wyllys Streets
Family
Birch Meadow Apartments
850 Parker Street
Elderly/NC
Clocktower Mill
63 Elm Street
Family
Squire Village
48 Spencer Street
Family
Section 236
Union Street Cooperative
200 Union Street
Family
Velvet Mill
185 Pine Street
Family
4 Madison Street
4 Madison Street
Family
Armory Court Apartments
232 Arch Street
Family
Burritt House
67 West Main Street
Elderly
Section 8
Burritt School Apartments
75 North Street
Elderly
Section 8
Corbin West Apartments*
Corbin Avenue & Horse Plain Road
Family
Don Braullo Oquendo Co-op (SP) 11 Erwin Place
Family
Hart Street Apartments
437-473 Arch Street
Family
30
90
22
30
14
30
90
22
30
14
59
15
65
18
274
108
72
59
15
65
18
274
108
72
373
78
42
79
78
160
100
28
18
100
38
66
30
373
78
42
79
16
160
100
28
18
100
35
66
30
13
12
39
100
185
374
25
210
6
25
66
110
60
7
19
13
12
34
100
37
374
25
42
6
25
66
110
60
7
19
CHFA FINAN
$350,000
$103,671
$3,548,000
$160,550
$305,552
$196,028
$582,598
$88,486
$981,268
$148,731
$375,000
$1,958,104
$7,325,000
$1,142,618
$472,748
`$17,295,000
$580,130
$1,255,000
$281,254
$19,699,400
$365,674
$594,858
$270,696
$157,389
$8,000,000
$6,500,000
$197,580
$380,334
$422,978
$49,240
$147,123
$412,591
$977,733
$197,109
$695,400
$1,300,000
$4,070,000
$8,175,000
$6,919,700
$737,500
$10,950,000
$2,453
$203,559
$3,035,300
$4,784,500
$127,279
$164,910
$407,600
$675,000
TOWN
PROJECT NAME
Ivy Towers
Ledgecrest Village*
Marian Glen ∞
Normandy Heights
Saint Mary’s Residence
Sandy Brook (Essex Place)
School I
School II
Newington Griswold Hills
Market Square
Plainville
Castle Apartments
Torrant House
Rocky Hill
Elms Common
Simsbury
Eno Farms
Southington Flander’s East Apartments/
Summer Brook Apartments ∞
South
Windsor
Watson Farms
West Hartford Federation Square
Fellowship Housing
Saint Mary Home
Wethersfield Executive Square House
First Church Village
Mitchell School
Windsor
John Fitch Court
Windsor
Locks
St. Mary’s School
ADDRESS
PE OF
179-183 Washington Street
Family
12
12
$17,367
1060 Stanley Street
Family
300
0
1735 Corbin Avenue
Assisted Living/NC
60
60
$272,614
395 Brittany Farms Road
Family
150
30
41 Beaver Street
Family/Elderly
51
51
$237,936
1317 East Street
Family
151
30
50 Bassett Street
Elderly
Section 8 127
127
Elderly
Section 8
99
99
Kitts Lane
Family
128
64
$541,631
65 Constance Leigh Drive
Elderly
Section 8
75
75
100 Norton Park Road
Family
Section 236 48
43
118 Broad Street
44
44
963 Elm Street-Elms Common Drive
Family
156
0
1602 Hopmeadow Street
Family
50
22
$186,505
Darling Street
700 Deming Street
2 Stackel Road
36-54 Starkel Hill Road
291 Steele Road
100 Executive Square
117 Wells Road
226 Prospect Street
156 Bloomfield Avenue
55 Grove Street
Family/Rehab
Elderly/NC
Elderly
Elderly
Elderly
Elderly
Elderly
Elderly
Elderly
Section 8
Section 8
Section 8
Family
Hartford County Totals
CHFA FINAN
$2,700,000
$5,120,000
$4,818,920
$3,188,914
$2,984,165
$3,324,100
$3,017,900
$9,760,000
$1,986,500
$1,031,600
$1,860,700
$5,007,600
$1,495,000
180
$489,584
$9,200,000
72
88
70
100
240
75
45
39
57
88
70
20
240
75
13
24
$511,069
$3,200,000
$2,787,600
$1,095,000
$6,825,000
$12,838,000
$1,875,500
$2,500,000
$2,531,000
21
21
10,893
7,825
$204,758
Watertown
Winchester
PROJECT NAME
South Common
Chestnut Grove
North Canaan Apartments
26-30 Maud Street
Highwood Gardens/
Woodland Hills ∞
Northside Terraces
The Wissell House
Torringford West
Y House
Woodview Apartments
Laurel Commons
The Glen
TOWN
Chester
Cromwell
Middletown
PROJECT NAME
Cherry Hill
Theresa A. Rook
38-40 Ferry Street/
NEHEMIAH (SP)*
605 Main Street*
Daddario Road Temp
Housing (SP)*
Green Court/
NEHEMIAH (SP)
Heritage Commons
Liberty Commons*
South Green
Willowcrest Apartments ∞
Woodrow Wilson
Old Saybrook Saye Brook Village West (SP)
Route 7
200 Chestnut Street
Whitford Court
26-30 Maud Street
PE OF
Family/NC
24
24
$246,984
Elderly
40
40
Family
Section 8
37
37
Family
6
6
$17,537
TOWN
Ansonia
Branford
CHFA FINAN
East Haven
$3,750,000
$1,352,500
Guilford
Hamden
330 Highland Avenue
Family/Rehab
Graham Village Drive & Daley Drive
Family
541 Main Street
Family
356 Torringford West Street
Elderly
259 Prospect Street
SRO
88 Cobb Street
Elderly
79 Gay Street & 4-6 Fruit Street
Elderly/Rehab
155 Maple Street
Elderly
Litchfield County Totals
Section 8
Section 8
CHFA FINAN
ADDRESS
222 Middlesex Avenue
Timber Hill Road
PE OF
Elderly
Elderly
23
23
$50,112
64
26
CHFA FINAN
38-40 Ferry Street
605 Main Street
Family
SRO
4
79
4
79
SRP
8
8
$370,000
Family
Elderly
SH
Elderly
Family/Rehab
Family
Elderly
14
90
40
125
151
63
14
14
28
40
125
151
48
14
$406,429
$6,851,195
$500,000
$4,814,725
$6,875,000
$1,055,000
$766,200
675
560
176
91
3
79
42
81
44
48
176
55
3
79
42
81
44
48
$609,138
$257,980
$14,874
$7,520,000
$436,190
$777,900
$2,657,988
671
635
$2,659,517
$21,633,288
$3,337,800
$298,914
Daddario Road
11-20 Green Street
38 Boston Road
8 Liberty Street
65 Church Street
Stoney Crest Drive
339 Hunting Hill Avenue
55 Sheffield Street
Section 8
$4,620,000
$90,000
$137,699
$458,151
$165,770
$811,732
$26,348,549
Section 8
20
20
Section 236 30
30
Section 8
8
8
Section 8
17
17
Section 8
38
38
Section 8
44
44
7
7
Section 8
50
50
Section 8
50
50
CHFA FINAN
$866,500
$763,000
$208,500
$275,000
$1,385,200
$1,615,200
$634,100
$1,195,300
$1,422,700
NEW HAVEN COUNTY
Cheshire
ADDRESS
PE OF
ADDRESS
Middlesex County Totals
$24,806,452 $414,823,104
LITCHFIELD COUNTY
TOWN
Kent
New Milford
North Canaan
Torrington
PROJECT NAME
MIDDLESEX COUNTY
180
$62,167
TOWN
Meriden
$3,015,000
Milford
PROJECT NAME
Capitol Plaza
Liberty Park I
Liberty Park II
Macedonia
John B. Sliney House
Robert Giaimo House
Saint Stephen’s Townhouse (SP)
Cheshire Hillside Village I
Cheshire Hillside Village II
Union School Senior
Apartments
Guilford II
Hubbard Property
Highwood Apartments
River Ridge
The Hamden/
Pine Rock Apartments*
Bradley Estates I
Bradley Estates II
Charles Street Place
Hanover Towers
Harbor Towers
Maple Hill Apartments
Village Apartments
Saranor Apartments ∞
ADDRESS
290 Main Street
14 Liberty Street
14 Liberty Street
505 Beaver Street
21 Rice Terrace
14 Rice Terrace
13 A-G Rogers Street
175 East Mitchell Avenue
175 East Mitchell Avenue
PE OF
Elderly
Family
Family
Family
Elderly
Elderly
Family
Elderly
Elderly
564 Thompson Avenue
Scattered Sites
Long Hill Road
324 Goodrich Street
2364 State Street
Elderly
Family/Rehab
Family
Family
NC/F/E
180 Pine Rock Avenue
435 Bradley Avenue
50-62 Nutmeg Street
122 Charles Street
70 Butler Street
60 Hanover Street
20-28 South Broad Street
6 Evansville Avenue
165-184 Platt Street
Family
Family
Family
Family/Elderly
Elderly
Elderly
Family
Family
Elderly
Section 8
80/20
Section 8
Section 8
Section 8
Section 8
Section 8
Section 8
18
15
11
15
62
18
15
11
15
62
161
74
42
79
100
202
32
22
120
32
30
17
79
40
81
13
22
120
$157,584
$153,578
$148,158
$647,053
$123,129
$82,880
$871,930
$253,305
$512,316
$50,756
$287,403
$495,000
$2,500,000
$10,773,800
$4,666,450
$2,380,170
$2,677,000
$8,706,879
$18,100,926
$2,508,178
$798,900
$6,919,000
29
New Haven County Continued.
New Haven County Continued.
TOWN
Naugatuck
New Haven
30
PROJECT NAME
66 Prospect Street
660 Winchester Square(SP)*
Berger Building
Blake Street Homes
Casa Familia
Cedar Hill Apartments
Central YMCA
Chapel Street Housing
Crawford House (SP) (REO)
CUHO Commons (SP)
CUHO-Phoenix (SP)
Elm Haven Homes, Block A
Elm Haven Homes, Block B
Elm Haven Homes, Block C
Fairmont Heights (SP)
Florence Virtue
Hill Central Homes
Hill Housing Rehab Project
Home Inc.
Howard Apartments
Howard Court (SP)
Kensington Square I
Kensington Square II
King George Apartments
Legion Avenue Court
Monterey Place ∞
Monterey Gregory Street
Housing ∞
Monterey Webster Street
Housing ∞
Ninth Square
Ninth Square Phase 2 ∞
Number One Norton Street
Orchard Hill Apartments (SP)
Park Ridge II
Park Ridge Towers
Presidential Gardens
Renaissance Hill
Richard Street Co-Op
River Run
Robeson Elderly Housing
Rosette Terrace
Safe Haven
Sheffield Oaks
Sherman Manor
Sherman Manor II
Solar Green (REO)
ADDRESS
66 Prospect Street
660 Winchester Avenue
135 Derby Avenue
216-218 Blake Street
130-146 Sylan Avenue
1465 State Street
52 Howe Street
1263 Chapel Street
101-109 Grand Avenue
399-403 Grand Avenue
99-103 Chapel Street
230 Ashmun Street
230 Ashmun Street
230 Ashmun Street
258 Fairmont Avenue
39 1/2 Charles Street
259 1/2 Putnam Street
139-141 Rosette
30 Hallock Street
672-674 Howard Avenue
505 Howard Avenue
1339-1341 Chapel Street
Kensington & Chapel Streets
730 George Street
466-476 Legion Avenue
232 Ashmun Street
Gregory Street
Webster Place
85 Orange Street
Crown Street & State Street
One Norton Street
46-48 Orchard Street
25 Hard Street
25 Hard Street
573 Dixwell Avenue
3-23 Vernon Street
11-13 Richard Street
50 Grand Avenue
85 Rosette Street
184-184 1/2 Rosette Street
210 State Street
141 Sheffield Avenue
390-392, 394-396, 402-404 Sherman Avenue
105 Carmel Avenue
430 Eastern Street
PE OF
Family
6
6
$2,815
Family
24
24
Elderly
Section 8 144
144
Family
9
9
$85,449
Elderly
30
30
$491,336
SH
25
25
$208,183
SRO
148
142
$705,143
Family/Elderly
12
12
Family/Elderly
12
12
Family
5
5
Family
25
25
Family
22
18
$349,436
Family
31
28
$427,256
Family
30
27
$415,289
Family
9
9
Family
129
101
$775,000
Family
Section 8
72
72
Family
65
65
$637,040
Family
16
16
$129,684
Family
Section 8
13
13
Family
12
12
Family
Section 8 120
120
$505,677
Family
98
96
$461,249
Family
58
42
$302,574
Family
Section 8
34
34
Family/Elderly
272
258
$1,320,871
NC/Family
NC/Family
Family
Family
Family
Family
Elderly
Elderly
Family
Family
Family
Elderly
Elderly
Family
SRP
Elderly
Family
Family
Family
11
Section 8
Section 8
Section 8
Section 8
Section 8
Section 8
Section 8
31
335
108
12
10
28
72
63
43
19
140
26
3
33
28
7
12
84
11
31
193
70
12
10
28
72
63
43
19
140
26
3
33
28
7
12
17
CHFA FINAN
TOWN
$2,041,500
$5,950,000
Wallingford
Waterbury
$312,500
$400,000
$440,000
$287,200
$1,886,200
$787,222
$2,950,000
$2,329,200
$534,400
$1,148,431
$252,949
$1,113,300
$20,000,000
$358,865
$861,198
$2,412,712
$313,778
$45,298,444
$10,000,000
$495,700
$1,050,881
$1,114,000
$2,543,300
$2,561,000
$2,538,000
$225,439
$7,154,900
$1,037,900
$15,597
$267,944
$212,058
$50,312
$115,510
West Haven
Wolcott
Woodbridge
PROJECT NAME
Sunset Ridge (Blue Cliff)
West Street Townhouses
Westwood Village
Silver Pond Apartments ∞
102 Pearl Street*
128-134 Locust Street
14 Wood Street
156-158 Bishop*
237-239 Bishop
238 Bishop Street
262 Walnut Street
29 Cooke Street
296 Willow Street
30-32 Cooke Street
51 Catherine Street*
55 Catherine Street*
57-61 Ludlow Street
58-60 East Clay Street
6-10 Burton Street
61-63 Ward Street
68-72 Congress Avenue
Byam Village
Camelot Development Center
Camelot Development Center
Cherry Street Heights
Dewberry Heights
Diamond Court
Eastgate II
Exchange Place
Frost Homestead
Josephine Towers
Laurel Estates
Nottingham Towers** ∞
Old Farms Ridge
Plaza on the Green
Southford Park Apartments ∞
The Elton
Watertown Crossings
Rolling Ridge ∞
Countryside II Apartments
Woodbridge Elderly Housing
(Warner)
ADDRESS
7 Mountain Ridge Terrace, Unit 40
158-180 West Street
170 Shelton Avenue
656 East Center Street
102 Pearl Street
14 Wood Street
156-158 Bishop Street
237-239 Bishop Street
238 Bishop Street
262 Walnut Street
29 Cooke Street
296 Willow Street
30-32 Cooke Street
51 Catherine Street
55 Catherine Street
57-61 Ludlow Street
58-60 East Clay Street
6-10 Burton Street
61-63 Ward Street
68-72 Congress Avenue
1822 Byam Road
16 Cherry Avenue
16 Cherry Avenue
63-65 Cherry Street
39 Stonewall Lane
150 Manhan Street
36-3 Mayberry Circle
44 Center Street
16 Mortimer Street
24 Union Street
2 Farmcrest Drive
31 Nottingham Terrace
55 Gilley Tow Road
2 North Main Street
National Avenue
30 West Main Street
100 Fulkerson Drive
35 Ridge Court East
12 Wolf Hill Road
15-23 Lucy Street
New Haven County Totals
$5,700,000
PE OF
Family
Family
Family
Section 8
Elderly/Rehab
Family
Family
Family
Family
Family
Family
Family
Family
Family
Family
Family
Family
Family
Family
Family
Family
Family
Family
Family
Family
Section 8
SRO
SRO/Rehab
Family
Family
Section 8
Family
Elderly
Section 8
Elderly
Section 8
Family
Section 236
Elderly
Section 8
Family
Section 8
Elderly/Rehab
Family
Elderly
Section 8
Family/Rehab
Elderly
Family
Family/Rehab
Elderly
Section 8
Elderly
80/20
312
65
48
160
6
17
3
3
6
3
2
7
20
3
3
8
8
7
8
7
3
7
6
46
88
83
6
42
80
44
150
63
125
277
165
132
157
212
92
108
180
54
312
65
48
160
6
17
3
3
2
3
2
7
20
3
3
8
8
7
8
7
3
7
6
19
88
83
6
42
48
44
150
63
125
277
162
132
157
212
83
108
180
54
30
30
6,549
5,756
CHFA FINAN
$10,950,000
$240,454
$200,843
$8,123
$47,202
$11,540
$5,598
$16,921
$7,498
$6,751
$17,857
$45,056
$7,686
$13,497
$10,290
$9,912
$5,754
$31,305
$9,332
$12,048
$14,314
$24,964
$77,609
$795,500
$805,730
$16,198
$86,967
$244,579
$209,528
$635,187
$1,284,419
$243,811
$1,880,000
$4,750,000
$2,129,479
$1,475,000
$3,475,000
$1,034,400
$7,125,000
$1,633,900
$6,206,210
$10,528,900
$7,500,000
$12,425,000
$6,395,000
$7,315,000
$5,220,000
$9,300,000
$2,170,000
$2,170,000
$20,102,980 $292,356,719
NEW LONDON COUNTY
TOWN
Colchester
East Lyme
Griswold
Groton
New London
Norwich
Stonington
Waterford
PROJECT NAME
Country Place
Country Place II
Nutmeg Park Apartments
Deerfield Village I
Deerfield Village II
Ledgewood Apartments
Avery Heights
Crystal Lake Estates
Poquonnock Village
Huntington Towers
Mohican Apartments
Winthrop Square
Artspace Norwich
Chase Manor I
Chase Manor II
Elizabeth Street Apartments
Hamilton Park Apartments
Haitian Health* (SP)
Hedgewood Apartments ∞
Mohegan Park
Mohegan Village
Smith Avenue Apartments
(REO)*
Summitwoods
Taftville Community
Apartment (Ehsg Coop) (SP)
Village Court
Village Green
Wequonnoc Apartments*
West Thames Street
Apartments (REO)*
Wauregan Hotel
Brookside Apartments
Jordan Brook Terrace
WINDHAM COUNTY
ADDRESS
PE OF
1 Birch Circle
Family
112
83
$718,078
Norwich Avenue & Chestnut Hil Road Family
82
62
$500,461
Dr. Foote Road
Family
27
27
$54,628
10 King Arthur Drive
Family
46
19
$249,927
10 King Arthur Drive
Family
54
50
$553,765
Pleasant View Drive
Elderly
27
25
$30,379
300 Brandagee Avenue
Elderly
Section 8 105
105
Crystal Lake Road
Family
80
80
1039 Poquonnock Road
Family/Elderly Section 8 114
114
149 Huntington Street
Elderly
Section 8 121
121
281 Captain Walk
Elderly
Section 8 146
116
$81,948
Federal St. & State Pier Road
Family
294
294
$701,984
24 Chestnut St./110-118 Franklin St.
Family
58
46
$681,306
85 Norman Road
Elderly
Section 8
50
50
85 Norman Road
Elderly
Section 8
53
53
f
112-120 Elizabeth Street
Family
29
6
281 Hamilton Avenue
Family/Rehab Section 8 121
121
22-24 Fairmont Street
Family
20
20
101-200 Sandy Lane
Family/Rehab
100
100
$87,473
2 East Baltic Street
Family
Section 236 95
95
2 East Baltic Street
Family
Section 236 87
87
60 Smith Avenue
Mopsic Court
Family
Family
91-101 South Second Avenue
70 Mechanic Avenue
23-79 Mechanic Street
24 North Fifth Avenue
Family
Elderly
Family
Elderly
99 West Thames Street
192-196 Main Street
111 Brookside Lane
99 Fog Plain Road
New London County Totals
Family
Family/Rehab
Family/Elderly
Elderly
Section 8
Section 8
Section 8
80/20
Section 8
9
120
9
50
17
75
15
98
17
75
15
98
4
70
160
26
1
70
160
21
2,415
2,190
$139,383
CHFA FINAN
$1,867,000
$5,046,000
TOWN
Brooklyn
Killingly
$5,890,015
$10,997,500
$4,632,406
$4,400,000
$4,960,400
$6,534,000
$2,150,000
$1,107,000
$1,609,300
$524,000
$5,280,600
$1,200,000
$3,100,000
$1,587,200
$1,512,000
Plainfield
Putnam
Thompson
Windham
PROJECT NAME
Quebec Square
River Bend Apartments
Killingly Elderly Housing
Primrose Crossing
Moosup Gardens
Ella Grasso Gardens
Carriage Square
North Grosvenor Dale Housing
Artspace Windham**
Brick Row
Kingwood Apartments ∞
The Armoury
Windham Heights
ADDRESS
Tiffany Street
Day Street
Valley Road
Valley Road
1J Gorman Street
25 Ballou Street
110 Main Street
Market, Central & Marshall Street
Main Street
28-52 Vermont Drive
466 Ash Street
255 Pleasant Street
202C Scott Road
Windham County Totals
PE OF
Family
Section 8
57
57
Elderly
26
25
$27,323
Elderly
29
27
$52,915
Elderly
28
28
$17,900
Family
Section 236 89
89
Elderly
Section 8
72
72
Elderly
27
27
$20,119
Family
37
37
$501,767
Family
48
48
$886,867
SH
30
30
$295,011
Family/Rehab
110
110
$164,730
Family
30
6
Family
Section 236 150
150
733
706
$1,966.632
CHFA FINAN
$1,519,000
$1,521,000
$2,537,500
$1,200,000
$375,000
$4,720,000
$410,583
$2,304,300
$14,587,383
$390,000
$5,400,000
$1,180,000
$6,250,800
$346,000
$4,116,500
$205,000
$1,034,925
$6,589,200
$41,273
$4,875,530
$86,874,921
PE OF
Family
216
133
Elderly
Section 8 114
114
Family/Rehab
106
106
$115,001
Family
175
53
Family
65
13
Family
148
148
CHFA FINAN
$10,320,000
$3,077,500
$3,600,000
$8,900,000
$2,250,000
$3,932,800
TOLLAND COUNTY
TOWN
Ellington
Vernon
PROJECT NAME
Cornfield Apartments
Florence Mill
Sleeping Giant Apartments ∞
Springville Mill
Westar Apartments
Woodgate at Vernon
ADDRESS
60 Pinney Street (Rte. 286)
1238 Hartford Turnpike
40 West Street
631 Talcottville Road
Tolland County Totals
824
567
$115,001
$32,080,300
31
Group Homes by County
COUNTY
TOWN
PROJECT
NAME
PROJECT
ADDRESS
TYPE OF
HOUSING
FINANCING
PROGRAM
TOTAL
UNITS
TOTAL
QUALIFIED UNITS
TOTAL
FINANCING
Fairfield County
Bethel
Bridgeport
Greenwich
Monroe
Stratford
Trumbull
Alternatives, Inc.
CIL / Marrakech, Inc.
CIL / Whole Life, Inc.
Greenwich Association of Retarded
228 Cutler’s Farm Road
670 Elm Street
478 Fan Hill Road
544 Moose Hill Road
208 Middlebrook Road
320 Goldbach Drive
320 Reeds Lane
Lot 9 Longview Drive
295 Daniels Farm Road
92 Hurd Road
40 Sunset Ave
COUNTY
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
3
5
5
2
5
4
6
6
3
2
3
3
6
4
3
4
4
4
3
5
5
2
5
4
6
6
3
2
3
3
6
4
3
4
4
4
$274,743
$415,487
$414,234
$340,000
$334,475
$395,638
$425,941
$462,000
$318,200
$308,573
$347,665
$269,060
$566,126
$323,325
$341,601
$270,792
$319,424
$367,864
72
72
$6,495,148
6
2
4
3
4
3
5
4
4
3
3
5
6
2
4
3
4
3
5
4
4
3
3
5
$397,080
$172,100
$336,458
$387,732
$328,089
$178,000
$370,240
$308,798
$409,523
$333,200
$141,365
$366,040
46
46
$3,728,625
Branford
East Haven
Guilford
Hamden
Middlebury
Milford
New Haven
North Haven
Orange
Oxford
Southbury
Wallingford
Waterbury
West Haven
Wolcott
Hartford County
49 Burnwood Drive
47-49 Judson Street
41 Leverich Road
487 Middle Road
282 Overlook Road
10 Homestead Drive
37-39 Ardmore Rd
90 Brookmoor Road
17 West Normandy Drive
136 Meadowgate Road
14 Devin Way
140 Merriman Road
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
DSS/DMR SF
DSS/DMR SF
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
Hartford County Totals
Watertown
Winchester
CIL / Community Systems, Inc.
720 Hill Road
118 South Street
55 Breezy Hill Road
Lot O, 1 Victoria Street
CIL / Key Service Systems, Inc
99 Torrington Road
720 Hill Road
118 South Street
55 Breezy Hill Road
226 Torringford West Street
1 Victoria Street
76 Pond View Drive
181 Porter Street
42 Maloney Court
Group
Group
Group
Group
Group
Group
Group
Group
Group
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
Litchfield County Totals
3
4
3
3
3
6
4
6
2
3
4
3
3
3
6
4
6
2
$357,228
$361,606
$202,986
$270,714
$309,263
$421,663
$370,829
$495,792
$211,274
34
34
$3,001,355
4
6
6
6
3
4
4
6
6
6
3
4
$376,866
$195,433
$428,525
$449,392
$286,405
$364,830
29
29
$2,101,451
Middlesex County
Cromwell
Middletown
Portland
19 Bellevue Terrace
112 Highland Street
Lot 2, 810 East Street
Lot O, 939 Long Hill Rd
CIL / N.E. Residential Services, Inc.
19 Bellevue Terrace
112 Highland Street
810 East Street
939 Long Hill Road
51 Middle Haddam Road
7 Woodland Road
Middlesex County Totals
32
PROJECT
ADDRESS
TYPE OF
HOUSING
FINANCING
PROGRAM
21 Victor Hill Road
92 View Terrace
CIL / Marrakech, Inc.
9 Fans Rock Road
7 George Street
CIL / HART, Inc.
198-200 Maple Street
Cornerstone Shared Apartments
67 Juniper Drive
316 Hotchkiss Road
55 Pisgah Road
189 Horse Fence Hill Road
33 Ash Lane
22 Laurelwood Drive
CIL / Primecare, Inc.
33 Lake Street
40-42 Wood Street
Lot 4, 176 Central Avenue
Lot 13, Todd Road
Lot 61, S. Coleman Road
21 Victor Hill Road
92 View Terrace
340 County Road
301 East River Road
9 Fans Rock Road
7 George Street
320 Wolf Harbor Road
198-200 Maple Street
127-129 Pendleton Street
67 Juniper Drive
316 Hotchkiss Road
55 Pisgah Road
189 Horse Fence Hill Road
33 Ash Lane
22 Laurelwood Drive
41 Anawan Ave
33 Lake Street
40-42 Wood Street
176 Central Avenue
434 Todd Road
S. Coleman Road
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR SF
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
New Haven County Totals
TOTAL
UNITS
Group
Group
Group
Group
Group
Group
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
6
6
4
4
5
6
5
6
4
5
3
6
4
6
6
4
6
3
6
6
5
TOTAL
QUALIFIED UNITS
TOTAL
FINANCING
6
6
4
4
5
6
5
6
4
5
3
6
4
6
6
4
6
3
6
6
5
$293,136
$271,757
$430,000
$367,725
$343,371
$438,000
$486,202
$349,568
$226,500
$319,000
$330,000
$440,000
$350,676
$459,901
$444,000
$383,692
$354,461
$259,930
$450,152
$416,435
$421,159
106
$7,835,665
3
3
3
4
6
6
3
4
6
4
3
3
3
4
6
6
3
4
6
4
$181,715
$276,071
$171,383
$313,358
$362,729
$382,978
$294,195
$290,124
$362,072
$378,453
42
42
$3,013,078
6
6
6
6
$506,299
$361,277
12
12
$867,576
106
New London County
East Lyme
Groton
Montville
New London
Old Lyme
Salem
Stonington
Waterford
4 Pontiac Drive
38 Whitney Road
443 Hazelnut Hill Road
475 Kitemaug Road
729 Montauk Avenue
13 Wychwood Road
12 Soundview Drive
27 High Ridge Drive
Lot C-1, Quarry Road
4 Pontiac Drive
38 Whitney Road
443 Hazelnut Hill Road
475 Kitemaug Road
729 Montauk Avenue
13 Wychwood Road
296 Witch Meadow Road
12 Soundview Drive
27 High Ridge Drive
Quarry Road
Group
Group
Group
Group
Group
Group
Group
Group
Group
Group
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
DSS/DMR
New London County Totals
Litchfield County
Goshen
Harwinton
Roxbury
Torrington
PROJECT
NAME
New Haven County
54 Redwood Drive
2 Anton Circle
54 Leighton Road
12 Orchard Street
228 Cutler’s Farm Road
670 Elm Street
478 Fan Hill Road
544 Moose Hill Road
230 Pastors Walk
208 Middlebrook Road
320 Goldbach Drive
320 Reeds Lane
35 Titterton Drive
Longview Drive
295 Daniels Farm Road
92 Hurd Road
40 Sunset Ave
33 Leffert Road
Fairfield County Totals
Bloomfield
GHARC
East Hartford Richards House Group Home
41 Leverich Road
Farmington CIL / Options Unlimited, Inc.
Glastonbury 282 Overlook Road
South Windsor 10 Homestead Drive
West Hartford 37-39 Ardmore Rd
CIL / Jewish Association for Community Living, Inc.
CIL / Jewish Association for Community Living, Inc.
Wethersfield 136 Meadowgate
Windsor
14 Devin Way
140 Merriman Road
TOWN
Tolland County
Ellington
Vernon
15 1/2 Lanz Lane
334 Lake Street
15 1/2 Lanz Lane
334 Lake Street
Group
Group
DSS/DMR
DSS/DMR
Tolland County Totals
Windham County
Brooklyn
CIL / Northeast Placement Services, Inc.
3
3
$275,141
Windham County Totals
172 Christian Hill Road
Group
DSS/DMR
3
3
$275,141
Grand Totals
344
344 $27,318,039
Annual Report Committee and Credits
Inquiries concerning the 2002 Connecticut Housing Finance
Authority Annual Report are welcome and should be directed to:
Planning, Program Development & Customer Service
Connecticut Housing Finance Authority
999 West Street
Rocky Hill, CT 06067
Telephone: (860) 571-4390
Fax:
(860) 257-8614
Website:
www.chfa.org
2002 Annual Report Committee:
Rose Holbrook
Laurie A. Littlehale
John Boscarino
Peg M. Fitzgerald
Laura L. Zajac
Design:
Prime Media Inc.
Bloomfield, CT
Photography:
Connecticut Housing Finance Authority Archives
Tim Becker, Creative Images
EyeWire
Comstock, Inc.
Printing:
MagnaPrint
Enfield, CT
Financial Printing:
ImageMaster
Ann Arbor, MI
Equal Housing Opportunity
This report is not printed at taxpayers’ expense.
Connecticut Housing Finance Authority
999 West Street
Rocky Hill, Connecticut 06067
www.chfa.org

CHFA 2002 Annual Report

Transcription

Similar documents

bayindir/i̇zmi̇r district national education education

Jan - Centre for Smart Health

Brimsham Green School, Yate Bristol

Subway Directions to Medgar Evers College Mathematics Department

Agriturismo Le Pantane - Home Page

FAIRLAKE ADVERT:Layout 1

WOZOCO Jozefzorg

Southside Apartments

Iluminate Your Style