Connecticut Department of Housing Awards Financial Services Contract to River Ridge Apartment Homes LLC (November 2025)
- Disclosed value
- Existing Loan (modification): principal as of effective date; New loans: Construction Loan approx. $5,220,000 and Construction-to-Permanent Loan approx. $1,443,000 (combined, up to $6,663,000)
- From minutes
- Approved
- Nov 20, 2025
- Renews
- Free account
The 30-second brief
CHFA approved modification of the existing loan and up to $6.7 million in new financing for River Ridge Apartment Homes, LLC to fund the acquisition and rehabilitation of River Ridge Apartments in Hamden.
River Ridge Apartment Homes LLC holds this financial services contract with Connecticut Department of Housing. Its other public contracts on record include work for Town of Hamden and Connecticut Housing Finance Authority.
The renewal date is on record. A free account shows it, with the renewals for every Connecticut Department of Housing contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Existing Loan (modification): principal as of effective date; New loans: Construction Loan approx. $5,220,000 and Construction-to-Permanent Loan approx. $1,443,000 (combined, up to $6,663,000)
- Document date
- November 20, 2025
- Term
- Existing Loan modification: up to 37 years from modification; Construction Loan: 24 months; Construction-to-Permanent Loan: Interest-only 24 months, then 35-year amortization over 37 years; early prepayment at years 15 or 20 with fee.
- Renews
- Free account
- Source document
- Connecticut Housing Finance Authority Board Meeting Minutes November 2025 (Minutes)
River Ridge Apartment Homes LLC's other public contracts
More Connecticut Department of Housing contracts
Questions about this contract
Who was awarded the financial services contract by Connecticut Department of Housing?
River Ridge Apartment Homes LLC was awarded this financial services contract by Connecticut Department of Housing, as recorded on November 20, 2025. The contract value is Existing Loan (modification): principal as of effective date; New loans: Construction Loan approx. $5,220,000 and Construction-to-Permanent Loan approx. $1,443,000 (combined, up to $6,663,000).
How much is the River Ridge Apartment Homes LLC contract with Connecticut Department of Housing worth?
The River Ridge Apartment Homes LLC contract with Connecticut Department of Housing is valued at Existing Loan (modification): principal as of effective date; New loans: Construction Loan approx. $5,220,000 and Construction-to-Permanent Loan approx. $1,443,000 (combined, up to $6,663,000), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Connecticut Housing Finance Authority Board Meeting Minutes November 2025 (Minutes), dated November 20, 2025 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 River Ridge Apartment Homes LLC hold?
River Ridge Apartment Homes LLC 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.