Good news for economic redevelopment and affordable housing this week in the 104th District!
In Derby, the Trolley Pointe development under construction on Main Street will receive a $2.625 million loan from Build For CT, a program of the Connecticut Housing Finance Authority (CHFA).
Trolley Pointe is a 105-unit apartment building at the site of the former Lifetouch property downtown, and 21 of the units fall under the state’s affordable designation — meaning households that earn between 60 to 80 percent of the area’s median income.
The project had originally been described as market rate when it was reviewed and approved by the Derby Planning and Zoning Commission.
Gov. Ned Lamont approved a series of state grants totaling $20 million that will be used to support the remediation and redevelopment of 21 blighted properties consisting of 150 acres of contaminated land in 18 municipalities across Connecticut, including Ansonia.
Ansonia will receive a $200,000 grant for environmental, hazardous building materials, and structural assessments that will facilitate the development of cost estimates and options to repurpose the former Ansonia Opera House at 100 Main St.
This is from a press release from state Rep. Kara Rochelle.
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