Connecticut

The Connecticut Housing Finance Authority will hold a virtual overview session to introduce the 2022-2023 QAP and its associated guidelines and to address any questions with respect to the upcoming competitive nine percent LIHTC round.

The Board of Directors of the Connecticut Housing Finance Authority (CHFA) adopted the 2022 and 2023 QAP and Gov. Ned Lamont (D) approved it on July 30, 2021.

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. 

A pool of up to $6,000,000 is available for proposed developments that satisfy Capital Magnet Fund (CMF) program requirements specific to CHFA, which, among other requirements, includes: 

1. Resident population: Minimum set-asides for households with incomes less than 50 percent of area median income; 
2. Location: Eligible proposed developments must be located in areas of economic distress and 
3. Leverage: Eligible proposed developments must achieve a private leverage capital ratio of 10:1. 

In connection with the 2021 Connecticut Housing Finance Authority (CHFA) & Department of Housing (DOH) Developer Engagement Process (DEP), CHFA intends to make flexible gap financing available from new funding sources. CHFA encourages participants in the 2021 DEP to consider the potential contribution and applicable requirements that these new funding sources would bring to development proposals with a need for additional financing resources. A maximum of $1,000,000 is available for any proposed eligible development.

The Department of Housing (DOH), in collaboration with the Connecticut Housing Finance Authority (CHFA), is inviting a time-limited participation in the second year of its Development Engagement Process (DEP).

The Connecticut Housing Finance Authority will host a public hearing at 1 p.m. ET on May 19 on its 2022-2023 draft QAP.

The Connecticut Housing Finance Authority (CHFA) anticipates making available $10 million in state tax credits to nonprofit applicants that will create housing opportunities in the following classifications…

The Connecticut Housing Finance Authority (CHFA) and the Department of Housing (DOH) announced that a new Connecticut Opportunity Map has been developed for use in future financing opportunities offered by CHFA and DOH.

Connecticut Housing Finance Authority is currently working on changes to the Consolidated Application and the LIHTC Program Guidelines to clarify and streamline the application process. Applications are tentatively likely to be due within a May-June timeframe, with awards to be announced by September or October. Please contact Michelle Onofrio with any questions at michelle.onofrio@chfa.org.

The Connecticut Housing Finance Authority (CHFA) holding a hold a public input period to receive data, views and comments with respect to its LIHTC Program, QAP and current priorities and policy goals from November 23, 2020 through December 23, 2020. All interested persons are encouraged to submit written comments to Terry Nash Giovannucci at PublicComment@chfa.org, […]

The Connecticut Department of Housing (DOH), with the assistance of the Connecticut Housing Finance Authority (CHFA), has launched Phase Two of the Temporary Rental Housing Assistance Program (TRHAP). To facilitate the process of applying for rental assistance, the TRHAP program now provides an option that allows landlords to access the TRHAP portal and apply on behalf of tenants who need rent relief due to a COVID-19 related hardship.