Connecticut Housing Finance Authority Board Minutes March 2026
Preliminary $9.7M Bond Approval for Avery Heights
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Description
The CHFA Board issued a preliminary approval to Related Affordable, LLC for up to $9.7 million in Housing Mortgage Finance Program Bonds to finance the Avery Heights apartments in Groton. Bond proceeds will support acquisition, rehabilitation, and construction of this 105-unit multifamily project.
Contract Details
Contract Amount
Not to exceed $9,700,000 (Avery Heights Bonds)
Vendor
RELATED AFFORDABLE LLC
Agency
Connecticut Department of Housing, CT
Contract Type
FINANCIAL_SERVICES
Document Date
March 19, 2026
Renewal Info
Preliminary bond inducement; final bond issuance and loan terms will be set in subsequent approvals and bond resolutions.
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