connecticut RealEstateRama

Governor Dannel P. Malloy today said that with winter weather appearing to finally loosen its grip on Connecticut and warmer temperatures steadily approaching, homeowners should caution themselves and keep an eye on indoor leaking as the deep snow pack on roofs and surrounding building foundations begins to melt

CHFA Asset Management staff in conjunction with Spectrum Enterprises will be conducting the following LIHTC Compliance Conference sessions on April 24, 2015. Both sessions will be held at the Sheraton Hartford South, 100 Capitol Boulevard, Rocky Hill

Yesterday, during the U.S. Senate Appropriations Transportation, Housing and Urban Development, and Related Agencies Subcommittee hearing on the FY16 HUD Budget request, U.S. Senator Chris Murphy (D-Conn.) highlighted the Resilient Bridgeport plan – an innovative resiliency project in Bridgeport, Connecticut proposed in the U.S. Department of Housing and Urban Development’s (HUD) Rebuild by Design competition.

The Connecticut Office of Early Childhood today announced that Connecticut will be receiving an additional $10.4 million in federal grants from the U.S. Department of Health and Human Services as part of the Maternal, Infant, and Early Childhood Home Visiting Program (Home Visiting Program). These funds will allow Connecticut to expand voluntary, evidence-based home visiting services to women during pregnancy and to parents with young children. Connecticut was awarded $1 million of federal funding for the Home Visiting Program last August

The Connecticut Housing Finance Authority (CHFA) is pleased to announce this Notice of Funding Availability (NOFA) for the State of Connecticut Housing Tax Credit Contribution Program (HTCC).

Phillips Edison Grocery Center REIT II, Inc. (the “Company”) today announced the acquisition of Willimantic Plaza, adding the first property in the state of Connecticut to the Company’s portfolio

The Connecticut Housing Finance Authority (CHFA) received a national award for Program Excellence from the National Council of State Housing Authorities (NCSHA) at the Council’s annual conference last week. More than 2,000 units of affordable rental housing have been financed by leveraging funds from this CHFA program since 2011. CHFA’s Small Multifamily Rental Housing Development Program works with Community Development Finance Institutions (CDFIs) and local partners to revitalize and develop small affordable multifamily rental housing developments (between 5 and 19 units), in communities across the state.

Today, U.S. Senators Richard Blumenthal (D-Conn.) and Chris Murphy (D-Conn.), and U.S. Congresswoman Rosa DeLauro (D-Conn.), U.S. Congressman John Larson (D-Conn.), U.S. Congressman Joe Courtney (D-Conn.) U.S. Congressman Jim Himes (D-Conn.) and U.S. Congresswoman Elizabeth Esty (D-Conn.) announced that the U.S. Department of Health and Human Services (HHS) released $77,288,422 of block grant funding for Connecticut’s Low Income Home Energy Assistance Program (LIHEAP)

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State Senator Andres Ayala joined Governor Dannel P. Malloy yesterday in announcing a significant investment in Affordable housing for Bridgeport and other communities around the state. The $10,649,077 in grants and loans will allow for the creation of 131 new units of affordable housing

CHFA is offering a Multifamily Bond Initiative to those seeking multifamily construction and/or permanent financing for the creation and preservation of energy efficient, affordable, multifamily rental housing.

Congressman Jim Himes (CT-4) today visited Insports Trumbull to highlight the recent energy efficiency upgrades to the 108,000 square-foot indoor athletic complex. Insports used Commercial Property Assessed Clean Energy (C-PACE) financing from Connecticut’s Green Bank - the Clean Energy Finance and Investment Authority - to incorporate the latest energy saving technology that will reduce its carbon footprint

The Connecticut Housing Finance Authority (CHFA) completed a successful offering of $123 million in Tax Exempt Bonds on Monday, August 4, 2014. The offering was oversubscribed, generating more than $400 million in orders in one day. A significant percentage of the orders or $104 million came from retail and institutional investors in Connecticut, who are familiar with CHFA’s financial strength and track record. Proceeds from the sale of these bonds will be used to finance the Authority’s single family mortgage program

Congressman Jim Himes (CT-4) today joined four of his House colleagues in introducing bipartisan legislation to increase energy efficiency in multifamily, affordable housing communities nationwide. The bill allows the Department of Housing and Urban Development (HUD) to establish a demonstration program and enter into budget-neutral, performance-based agreements that result in reduced energy or water costs for HUD-assisted multifamily housing

Representatives Jim Himes (CT-4), John K. Delaney (MD-6) and John Carney (DE – at large) today introduced innovative housing finance reform legislation, the Partnership to Strengthen Homeownership Act (H.R. 5055). This legislation preserves the 30-year fixed rate mortgage and protects American taxpayers by using private sector pricing to reduce the risk of future bailouts. It shifts the housing finance market away from Fannie Mae and Freddie Mac, and keeps home ownership attainable for working families by strengthening affordable housing programs