Housing Authority of New Haven Board Meeting Agenda Packet February 2026
$400,000 Predevelopment Loan for Henry Street Project
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Description
The Board approved a $400,000 predevelopment loan to The Glendower Group, Inc. for the Henry Street (University Row) Redevelopment Project. Funding will support architectural, engineering, environmental, and legal preparations, with repayment due at closing or by September 2027.
Contract Details
Contract Amount
$400,000
Vendor
GLENDOWER GROUP INC
Agency
Housing Authority of the city of New Haven, CT
Contract Type
FINANCIAL_SERVICES
Document Date
February 17, 2026
Contract Term
Loan to be repaid at financial closing or by September 30, 2027, whichever is earlier
Renewal Date
2027-09-30
Renewal Info
Loan must be repaid at closing or by September 30, 2027; exhibits predevelopment budget, no future renewals specified.
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APPROVEDIssuing Agency
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Local Housing Authority
New Haven, CT
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