Build For CT Developments

Steelpointe Harbor Bridgeport, CT

Through the Build For CT program, CHFA is providing a $20 million loan to support the construction Steelpointe Harbor Apartments in Bridgeport. The property is part the larger Steelpointe Harbor redevelopment site, an approximately 40 to 50-acre, mixed-use, urban infill, waterfront redevelopment in Bridgeport. The development site was formerly a mix of water related and industrial uses and has an approved plan allowing over 2.0 million square feet of development.

• Senior Lender: Old National Bank • Total Units: 420 • Total Middle-Income Units: 160 affordable at 80% to 120% AMI

105 Bridge Road Haddam, CT

Through the Build For CT program, CHFA is providing $1.125 million to support the construction of 105 Bridge Road in Haddam. The new development will include modern units with access to a clubhouse, fitness and yoga studio, outdoor courtyard, community garden, and more.

• Senior Lender: NBT Bank • Total Units: 44 • Total Middle-Income Units: 9 affordable at 80% AMI

Waterford Woods Waterford, CT

Through the Build For CT program, CHFA is providing $5.5 million to support the construction Waterford Wood Phase III. The property’s amenities will feature 72,500 square feet of recreation area that will include an organic garden, a pollinator garden, pickleball courts, open space and a pond. Waterford Woods Phase 1,2 & 3 combined amenities include a clubhouse with leasing office, a saltwater swimming pool, bocce ball, BBQ & picnic area, hiking trails, a dog park & spa, organic gardens, a pollinator garden, pickleball courts, open space and a pond. In 2022 and 2023, Phases 1 and 2 previously brought 204 units online.

• Senior Lender: Liberty Bank • Total Units: 216 • Total Middle-Income Units: 44 affordable at 60% to 80% AMI

Ponemah South Mill Norwich, CT

Situated along the Shetucket River in Norwich, the Ponemah Mill Complex has already been transformed into hundreds of new affordable units. The latest phase of the redevelopment, Ponemah South Mill, is a 4.96-acre site, improved with a vacant, 148,600 sq. ft. mill building. The property will include various indoor and outdoor amenities such as a cinema, spa, and river walk trail. The unit mix will consist of 125 one-bedroom units and 21 two-bedroom units. Utilizing the Build For CT program CHFA is providing a $6.25 million to support the development.

• Senior Lender: Connect One • Total Units: 146 • Total Middle-Income Units: 50 affordable at 80% AMI

The Warren Farmington, CT

This property is located along the north side of Farmington Avenue (Route 4), about a half mile west of the UCONN Health Center/John Dempsey Hospital campus and about a quarter mile east of a full interchange to Interstate Route 84. The property will offer various Class A amenities to include an outdoor pool & terrace, fitness center, yoga and spin rooms, a great room, private dining room, a gaming room, coworking spaces, bike storage, mail/package rooms, a roof-top terrace, along with 32 attached garages and six detached garage buildings with 32 additional garage spaces. The Build For CT program is providing $4.25 million to support construction.

• Senior Lender: PeoplesBank • Total Units: 130 • Total Middle-Income Units: 34 affordable at 100% AMI

Station 280 Granby, CT

Build For CT is providing $5.875 million to support the construction of Station 280 in Granby. The location provides easy access to Hartford as well as several restaurants and shops. Common amenities include a clubhouse with pool with gaming room, cabana, grills and internet café as well as a fitness center, yoga studio, fire pits and outdoor green space and dog park/pet wash.

• Senior Lender: Liberty Bank • Total Units: 235 • Total Middle-Income Units: 47 affordable at 60% to 80% AMI

370 West Ave Norwalk, CT

370 West Avenue will include 4,000 square feet of retail space and an outdoor common space that will contain a swimming pool, patio area, grills, and other outdoor amenities. Through the Build For CT program, CHFA is providing a $5 million loan to support the construction.

• Senior Lender: Liberty Bank • Total Units: 204 • Total Middle-Income Units: 40 affordable at 60% to 80% AMI

Wilton Center Lofts Wilton, CT

Wilton Center Lofts offers a convenient, 9-minute walk to the Wilton Metro North Railroad Station and represents the first and only new development in downtown Wilton within the past 30 years. Interior finishes will include high-end, European-style cabinetry, stone counter tops, luxury vinyl plank flooring, porcelain tile and Duravit fixtures. Through the Build For CT program, CHFA is providing a $1.750 million loan to support the construction.

• Senior Lender: Berkshire Bank • Total Units: 40 • Total Middle-Income Units: 20 affordable at 60% to 120% AMI

Blueway Commons Phase II Haddam, CT

Blueway Commons Phase II will consist of a living/dining room area that provides access to an attached deck/patio and a galley-style kitchen. The property will share amenities with the first phase of Blueway Commons. These include clubhouse, fitness center, grill, co-worker lounge, and dog park. Through the Build For CT program, CHFA is providing a $1.250 million loan to support the construction.

• Senior Lender: Dime Bank • Total Units: 32 • Total Middle-Income Units: 10 affordable at 80% AMI

Trolley Pointe Derby, CT

Trolley Pointe will be the first newly constructed building on the south side of the new Route 34 renovation project. Route 34 is being expanded and new ten-foot sidewalks are being installed. The entire south side of the street is being developed into apartments, shopping, and a hotel. Through the Build For CT program, CHFA is providing a $2.625 million loan to support the construction.

• Senior Lender: Savings Bank of Danbury • Total Units: 105 • Total Middle-Income Units: 21 affordable at 60% to 80% AMI

Langanke's Landing Shelton, CT

Langanke’s Landing will be comprised of a four-story apartment building with 55 apartments and 110 parking spaces. The building will be of wood-framed construction with a concrete slab foundation. The property is located on the north side of Bridgeport Avenue, just east of Huntington Road and Exit 11 of CT Route 8. Through the Build For CT program, CHFA is providing a $1.375 million loan to support the construction.

• Senior Lender: Ion Bank • Total Units: 55 • Total Middle-Income Units: 12 affordable at 60% to 80% AMI

The Villages Stratford, CT

The Villages will include 116 parking spaces, high-end finishes with indoor and outdoor amenity space, including both indoor and outdoor lounges, a fitness center, a dog run/wash, and bike storage. All units will be well appointed with contemporary kitchens including modern cabinetry, nine-foot ceilings, quartz countertops, stainless steel appliances, custom wood cabinetry, in-unit washer and dryers and other smart home products. Through the Build For CT program, CHFA is providing a $2.625 million loan to support the construction.

• Senior Lender: Newtown Savings Bank • Total Units: 103 • Total Middle-Income Units: 21 affordable at 80% to 100% AMI

131 Beach Road Fairfield, CT

The site is within walking distance from Fairfield Center, Metro-North rail line, and Fairfield Beach. The building will have underground parking and be styled to blend into the neighborhood with historical looking features. Through the Build For CT program, CHFA is providing a $1.750 million loan to support the construction.

• Senior Lender: Ion Bank • Total Units: 40 • Total Middle-Income Units: 20 affordable at 60% to 120% AMI

Clock Tower Apartments Shelton, CT

The site is located approximately three miles south of the Shelton downtown area and less than a half-mile west of the Housatonic River shore. The development will consist of a 4-story garden-style / low-rise apartment building over lower-level parking; the ground level floor will consist of covered on-grade parking and a shared common amenity building. Through the Build For CT program, CHFA is providing a $2.5 million loan to support the construction.

• Senior Lender: Ion Bank • Total Units: 100 • Total Middle-Income Units: 20 affordable at 80% to 100% AMI

Luminary at Simsbury Center Apartments Simsbury, CT

In addition to the five apartment buildings, the complex will contain a clubhouse building with pool and gym, a maintenance/trash building, a mail kiosk, and three freestanding parking garages with additional bays for rent. The unit mix will consist of studios, one-, two- and three-bedroom style units. Through the Build For CT program, CHFA is providing a $4.5 million loan to support the construction.

• Senior Lender: NBT Bank • Total Units: 175 • Total Middle-Income Units: 36 affordable at 80% to 100% AMI