Connecticut Housing Finance Authority Board of Directors Meeting Minutes 2026-05-21
$2.5M LIHTC Reserved for Hartford's Edge Building 1
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Description
The Board approved a reservation of up to $2.5 million in 9% Low-Income Housing Tax Credits for EG 1 Owner LLC to develop Edge Building 1 with 64 affordable apartments in Hartford. The reservation requires all conditions to be met by March 31, 2027.
Contract Details
Contract Amount
Up to $2,500,000 per annum in LIHTC
Vendor
EG 1 OWNER LLC
Agency
Connecticut Department of Housing, CT
Contract Type
FINANCIAL_SERVICES
Document Date
May 21, 2026
Contract Term
Annual tax credits for qualifying period; conditional compliance deadline March 31, 2027
Renewal Date
2027-03-31
Renewal Info
Compliance deadline of March 31, 2027; may be extended for good cause by CEO.
Issuing Agency
Connecticut Department of Housing
Local Housing Authority
Hartford, CT
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