July 2, 2009 – (RealEstateRama) — Senator Chris Dodd (D-CT), the Chairman of the Senate Committee on Banking, Housing and Urban Affairs, praised the release of $26 million for affordable housing projects and programs throughout Connecticut. The funding, which was announced today by the Department of Housing and Urban Development, is made possible by the American Recovery and Reinvestment Act and will allow the Connecticut Housing Finance Authority to jumpstart affordable rental housing projects across the state while creating construction jobs.
“Connecticut needs more affordable rental housing,” said Dodd. “The funding announced by Secretary Donovan today will go a long way towards providing homes for families in our state and will also create jobs in Connecticut’s construction industry.”