Connecticut Department of Housing Awards Financial Services Contract to Starkel Phase 3 Llc (July 2026)

CHFA approved a permanent mortgage loan of up to $2.4 million for Starkel Phase 3 LLC’s West Hartford Fellowship Housing Redevelopment Phase III. The 35‑year loan will support a 77‑unit affordable development subject to 97‑year affordability and must be closed or committed by April 30, 2027.

Scope & details

The full contract record, as filed.

Contract amount

Permanent loan up to $2,400,000

Contract type

FINANCIAL_SERVICES

Contract term

Permanent Loan: 40-year amortization over 35-year term; affordability restrictions for 97 years

Renewal date

2061-04-30

Renewal

Authorization to close or commit the permanent mortgage expires April 30, 2027, unless extended by the CEO for good cause with applicable fees; affordability covenants extend for 97 years.

Document type

Minutes

Source document

Connecticut Housing Finance Authority Minutes Board of Directors Meeting No. 644 2026-07-23

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Connecticut Department of Housing?

Starkel Phase 3 Llc was awarded this financial services contract by Connecticut Department of Housing, as recorded on July 23, 2026. The contract value is Permanent loan up to $2,400,000.

How much is the Starkel Phase 3 Llc contract with Connecticut Department of Housing worth?

The Starkel Phase 3 Llc contract with Connecticut Department of Housing is valued at Permanent loan up to $2,400,000, 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 Minutes Board of Directors Meeting No. 644 2026-07-23 (Minutes), dated July 23, 2026 from Connecticut Department of Housing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Starkel Phase 3 Llc hold?

Starkel Phase 3 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.

View Starkel Phase 3 Llc's profile

What is Connecticut Department of Housing currently buying?

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