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CHFA finances Northside Terraces development in Torrington

Connecticut Department of Housing logoConnecticut Department of Housing
Disclosed value
$7,720,000
From minutes
Document date
Sep 28, 2023
Term
$4,365,000

The 30-second brief

What it covers

Connecticut Housing Finance Authority approves mortgage financing for Northside Terraces, a 92-unit housing development in Torrington, including a $7,720,000 construction loan and a $4,365,000 construction-to-permanent loan.

Who holds it

Community Builders holds this mortgage financing contract with Connecticut Department of Housing. Its other public contracts on record include work for Williston Park District and Kittitas County.

What happens next

Term as filed: $4,365,000.

See who signed off on this $7.7M contract.

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Contract details

Contract type
Mortgage Financing
Amount
$7,720,000
Document date
September 28, 2023
Term
$4,365,000
Vendor
Community Builders
Agency
Connecticut Department of Housing
Source document
connecticut-dept-of-housing-minutes-200m-housing-bonds-development-funding-sep-28-2023_f16.pdf (Minutes)

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Questions about this contract

Who was awarded the mortgage financing contract by Connecticut Department of Housing?

Community Builders was awarded this mortgage financing contract by Connecticut Department of Housing, as recorded on September 28, 2023. The contract value is $7,720,000.

How much is the Community Builders contract with Connecticut Department of Housing worth?

The Community Builders contract with Connecticut Department of Housing is valued at $7,720,000, covering mortgage financing work.

What type of contract is this?

This is a Mortgage Financing contract, documented as a minutes record.

Where was this contract approved?

This contract appears in connecticut-dept-of-housing-minutes-200m-housing-bonds-development-funding-sep-28-2023_f16.pdf (Minutes), dated September 28, 2023 from Connecticut Department of Housing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Community Builders hold?

Community Builders may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Connecticut Department of Housing currently buying?

Explore Connecticut Department of Housing's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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