Connecticut Housing Finance Authority Board Minutes April 2026
CHFA Approves Financing for The Warner in Woodbridge
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Description
CHFA approved up to $3.3 million in mortgage financing to New Samaritan Corporation for the acquisition and rehabilitation of The Warner elderly housing development in Woodbridge. The package includes a $2.3 million first mortgage and a $1 million additional loan, both tied to long-term affordability restrictions.
Contract Details
Contract Amount
Up to $2,300,000 (Permanent Loan); up to $1,000,000 (Additional Loan)
Vendor
NEW SAMARITAN CORPORATION
Agency
Connecticut Department of Housing, CT
Contract Type
FINANCIAL_SERVICES
Document Date
April 23, 2026
Contract Term
Permanent Loan: 35-year term with 40-year amortization; Additional Loan: term coterminous with Permanent Loan
Renewal Date
2027-01-31
Renewal Info
Resolution requires closing by 2027-01-31 or authorization lapses, with potential extensions at the CEO’s discretion upon payment of fees.
More from NEW SAMARITAN CORPORATION
Related Contracts
Issuing Agency
Connecticut Department of Housing
Local Housing Authority
Hartford, CT
More from Connecticut Department of Housing
Connecticut Housing Finance Authority Board Minutes April 2026
Connecticut Housing Finance Authority Board Minutes April 2026
Connecticut Housing Finance Authority Board Minutes April 2026
Connecticut Housing Finance Authority Board Minutes April 2026
Connecticut Housing Finance Authority Board Minutes April 2026
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