CHFA’s Board approved a resolution authorizing up to 500000 from its building maintenance capital budget for Phase 1 predevelopment of a Redevelopment Plan for properties at 999 and 1029 West Street and 678 Cromwell Avenue in Rocky Hill. The plan envisions replacing CHFA’s current corporate office building on the 999 West Street parcel with a new office facility on the 1029 parcel and potentially converting the 999 parcel to affordable housing. This authorization covers only initial predevelopment activities and empowers the CEO to commit and expend the Phase 1 funds and take necessary actions to commence planning.This is a strong early signal of a multi-phase capital project likely to require architectural, engineering, planning, environmental, owner’s rep, and eventually construction services, along with future affordable housing development partners and financing structures. A useful next discussion is how a vendor could support CHFA’s predevelopment work, feasibility studies, and phasing strategy to move from this initial budget approval to a full redevelopment program.

The underlying memorandum from the CEO dated June 18, 2026 is referenced for more detail on the Phase 1 Predevelopment Plan and Budget; no external vendors or partners are named yet.