Connecticut Housing Finance Authority Board of Directors Meeting Minutes 2026-05-21
$1.4M in Tax Credits Reserved for Cromwell Project
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Description
Connecticut Housing Finance Authority reserved up to $1.41 million in 9% Low-Income Housing Tax Credits for 186 Shunpike LLC for a new 60-unit affordable housing development in Cromwell. The tax credit reservation is contingent on meeting all conditions by March 31, 2027.
Contract Details
Contract Amount
Up to $1,411,599 per annum in LIHTC
Vendor
186 SHUNPIKE 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 March 31, 2027; extensions authorized by CEO for good cause.
Issuing Agency
Connecticut Department of Housing
Local Housing Authority
Hartford, CT
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Connecticut Housing Finance Authority Board of Directors Meeting Minutes 2026-05-21
Connecticut Housing Finance Authority Board of Directors Meeting Minutes 2026-05-21
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