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Sustainable Homeownership

The Housing Development Fund is committed to ensuring that families who already own homes can make the best and most sustainable choices for themselves and their families. We work with public and private interests to create and administer solutions for homeowners everywhere.


Energy Efficiency Multifamily Lending

In 2016, HDF partnered with CT Green Bank and the John D. & Catherine T. MacArthur Foundation to support energy efficiency and clean energy in the affordable multifamily housing sector by support and expanding financing solutions for multifamily properties in Connecticut. The $5 million program related investment by the MacArthur Foundation allows HDF and CT Green bank to target funding towards:

  • a revolving pre-development energy loan fund to cover the costs of energy opportunity assessments, audits, and project scope definitions.
  • a loan pool to finance the remediation of health and safety measures
  • term financing to bridge gaps and provide a lower weighted average cost of capital for viable projects.

To learn more about this opportunity, and our other programs for multifamily developers, please visit our Energy Efficiency Lending program page or call Director of Multifamily Lending Elissa Bard at 203.969.1830 x 2010.


ShoreUp CT & Shoreline Resiliency

In 2014, HDF was selected to administer the Shoreline Resiliency Fund for the State of Connecticut, opening a new chapter in HDF’s mission to further affordable housing and sustainable homeownership. We’re hard at work helping families along Connecticut’s shorelines to make the best decisions for their homes and families.

The Shore Up CT program is a low-interest loan program designed to provide financing or refinancing for property owners in coastal municipalities located in Flood Zones VE or AE. Additional retrofitting for flood protection and wind proofing activities can also be financed. Through HDF’s administration and outreach efforts, Shore Up CT has provided $1.2 million in home elevation financing with an additional $2.3 million in the pipeline for pending projects.

The Shore Up CT application eligibility period will be ending at the end of December 2016.  Project and loan applications must be submitted by end of October 2016 in order to ensure that loans can be closed by the December deadline with all construction projects completed by the end of June 2017.  Interested applicants should register on the Shore Up CT website at www.shoreupct.org or email info@shoreupct.org  to initiate the process.  No applications will be accepted after October 31, 2016.

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