After a national search, CHFA’s Board of Directors recently voted unanimously to appoint Karl. F. Kilduff of Trumbull as its new Executive Director. According to CHFA, Mr. Kilduff is a seasoned government executive with diverse experience managing operations in municipalities ranging from those with strong economic backgrounds to more distressed and HUD-entitled communities. Mr. Kilduff […]
The Department of Economic and Community Development, the Connecticut Housing Finance Authority, and the Local Initiatives Support Corporation (LISC) have created a new $15 million Transit-Oriented Development Fund to encourage transit-oriented development around station stops along the CTfastrak and New Haven-Hartford-Springfield rail corridors. The fund will offer predevelopment and acquisition financing to eligible projects and […]
The Connecticut Housing Finance Authority is collecting comments on proposed amendments to the low-income housing tax credit qualified allocation plan. CHFA will hold a public hearing on Monday, June 29 10:00am to 12:00pm in the CHFA Boardroom at 999 West Street in Rocky Hill, CT. Written statements, in place of or in addition to oral […]
The Connecticut Housing Finance Authority (CHFA) notified the public of proposed amendments to its
Multifamily Rental Housing Program Procedures,
Low-Income Housing Tax Credit (LIHTC) Procedures, and
LIHTC Qualified Allocation Plan.
The Academy is a project-development effort that offers training and technical assistance to affordable housing development teams from project concept through site selection, budget development, community process, program design, and coordination of operations.
Connecticut Housing Finance Authority’s multifamily financing programs now feature an interest rate cap, a 30-day rate lock and other enhancements that allow developers to benefit from the potential shift in a rising interest rate market. To learn more, visit the Multifamily Financing program page of the CHFA website. There you will find an overview of […]
Connecticut Housing Finance Authority (CHFA) and Connecticut Department of Housing (DOH) released the following updates to the notice of funding availability (NOFA).
The Connecticut Housing Finance Authority (CHFA) updated its website with information regarding the State of Connecticut Housing Tax Credit Contribution Program (HTCC). Recently published resources include:
The Connecticut Housing Finance Authority (CHFA) released a Notice of Funding Availability (NOFA) for the State of Connecticut Housing Tax Credit Contribution Program (HTCC).
The Connecticut Housing Finance Authority is providing a path to more energy efficient, high quality affordable multifamily rental housing. CHFA is offering financing in the form of Qualified Energy Conservation Bonds to a select number of property owners.
The Connecticut Housing Finance Authority (“CHFA”) is seeking program or project proposals from Community Development Finance Institutions (“CDFIs”) that will result in the creation of new affordable rental housing targeted to individuals and/or families earning 50% of Area Median Income (“AMI”) or below. Deadline to submit proposals is Friday, January 16, 2015, no later than […]
The Connecticut Housing Finance Authority (CHFA) Multifamily Underwriting Standards Summary that provides underwriting standards and guidelines for developers completing the CHFA-DOH Consolidated Application has been revised. The new document may be found in the CHFA-DOH Consolidated Application and on CHFA’s website.