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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

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

Please join the Connecticut Housing Finance Authority for a discussion on the Low-Income Housing Tax Credit Program.

A new Bridgeport Neighborhood Trust location opened its doors at 570 State Street this week, following a ribbon cutting by Senator Andres Ayala, neighborhood residents, and community leaders. This new location will help further BNT’s goal of strengthening Bridgeport by providing families with the education, investment assistance, and technical support that they need to purchase their first home

Today, U.S. Senator Chris Murphy (D-Conn.) and U.S. Congresswoman Elizabeth Esty (D-Conn.) applauded final passage in the U.S. Senate of H.R. 316, the Collinsville Renewable Energy Promotion Act. The Collinsville Renewable Energy Promotion Act would permit the town of Canton to operate two small, currently inactive hydropower dams and generate locally produced power.

Thursday, the Senate Committee on Banking, Housing, & Urban Affairs held a markup hearing on the Johnson-Crapo housing finance reform bill. The Johnson-Crapo plan uses the Corker-Warner proposal as its base architecture and winds down Fannie Mae and Freddie Mac

Governor Dannel P. Malloy, Department of Housing (DOH) Commissioner Evonne M. Klein, and Connecticut Housing Finance Authority (CHFA) President and Executive Director Eric Chatman today announced investments of more than $70 million in federal and state funds for 16 affordable housing projects across the state that will transform their communities and build and rehabilitate a total of 694 affordable rental apartments. The funds are expected to generate an additional $116 million in private investments for the projects, bringing the total investments to $186 million in state, federal and private dollars

Governor Dannel P. Malloy today announced that $27.9 million in grants have been approved to build four new supportive, affordable multifamily housing developments in Bridgeport, Hamden, Hartford and Manchester.

WASHINGTON, D.C. - April 9, 2014 - (RealEstateRama) -- The Department of Housing (DOH) and the Connecticut Housing Finance Authority (CHFA) are pleased to announce the State-Sponsored Housing Portfolio (SSHP) Notice of Funding Availability (NOFA).

ROCKY HILL, CONN. - April 4, 2014 - (RealEstateRama) -- The Connecticut Housing Finance Authority (CHFA) is pleased to announce the availability of a Spanish-language homebuyer website. Consumers can access the new website by visiting www.hogarchfa.org. CHFA launched the website to better serve the Hispanic markets and increase access to home-buying education and support

HARTFORD, CT - March 31, 2014 - (RealEstateRama) -- Governor Dannel P. Malloy today unveiled a major report outlining his plans to utilize $300 million in funding over the next 10 years to revitalize the more than 340 properties – consisting of more than 13,800 units – that are part of the state’s affordable housing collection known as the State-Sponsored Housing Portfolio (SSHP)

BOSTON - March 4, 2014 - (RealEstateRama) -- A Connecticut man who victimized exchangors in Massachusetts was sentenced yesterday for his role in a mail and wire fraud scheme involving a tax free property exchange business.