2016-12-27 — Wrapping up a productive 2016 at HDF, this month saw the completion of phase 1 of the Millport Apartments project in New Canaan, CT.

Phase 1 will add 33 additional affordable housing units which will be available to households making less than 80% of area median income. Phase 2, which will begin soon, will comprise an additional 40 affordable units.

The project is a collaboration between The Housing Authority of the Town of New Canaan, Connecticut Housing Finance Authority, The State of Connecticut, People’s United Bank, Bankwell Bank, Eversource Energy, and the Housing Development Fund. New Canaan’s affordable housing fund is supported by a collection of fees of 1% of the value of building projects in town.

Many thanks to all of the partners and supporters who made these units possible — onward to phase 2!

Find out more about HDF’s multifamily Lending Programs.