A pool of up to $3,000,000 is available as gap financing for proposed developments that demonstrate both a financial feasibility need and a prudent use of CHFA’s resources in order to accomplish flexibility and additional opportunities in the development of affordable housing throughout the State of Connecticut. Please note that funding is subject to ongoing availability and further information detailing all eligibility requirements is available here.
Applicants are encouraged to explore these new funding opportunities and CHFA will prioritize unique and innovative proposals that expand high quality housing choices for low- and moderate-income households in both urban and non-urban areas as part of overall neighborhood revitalization efforts and as a means of reducing racial and economic segregation.
Projects interested in CHFA’s Affordable Housing Fund and/or Opportunity Fund are advised to contact Terry Nash, CHFA’s community engagement manager, at terry.nash@chfa.org for more information about these funding sources and eligibility.
