Danbury is among 13 cities that received one of 13 grants for affordable housing projects that Gov Dannel P. Malloy has announced.
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Danbury’s Glen Apartments, owned and managed by the Housing Authority of the City of Danbury, contains 100 apartments for the elderly in 23 buildings, which were constructed in two phases between 1962 and 1964.
This major rehabilitation project will include converting heating and cooling systems, upgrading lighting and insulation, installing Call for Aid systems, and installing individual meters for each apartment.
The project will also include creating new ADA-compliant apartments, installing an emergency generator, improving the community building to make it fully handicapped accessible and making site improvements to replace impervious surfaces and better manage storm water drainage. The project will be funded with 4% Low-Income Housing Tax Credits and Tax-Exempt Bond financing from CHFA and $4.3 million in gap funding provided by DOH.
“Increasing the availability of affordable housing is a top priority because the benefits extend far beyond the families and communities immediately impacted,” Malloy said a press release. “More and more, we understand the economic results — studies show that affordable housing increases spending and employment opportunities, boosts revenue for local governments, and reduces foreclosures and the negative associated costs. Expanded housing options for our workforce also give employers a competitive advantage when trying to attract top talent to their companies.”
Evonne Klein, Commissioner of the Department of Housing Mallow said the Department of Housing and the Connecticut Housing Financing Authority are combining efforts, when feasible, to pursue a multi-layered approach to help fund housing developments in the State-Sponsored Housing Portfolio.
other projects that are funded are in Hartford, New London, and Westport.