The Board of Directors of the Connecticut Housing Finance Authority (CHFA) approved allocations of federal 9% Low-Income Housing Tax Credits (LIHTCs) to support the development and preservation of affordable housing in communities across Connecticut.  

The awards will support six developments located in Cromwell, Farmington, Hartford, Naugatuck, and New Britain, representing a combined total of 319 rental units, including 282 affordable apartments and 37 market-rate apartments. Three developments will also utilize a hybrid 4%/9% LIHTC financing structure, supporting an additional 156 affordable apartments. Altogether, the awards are expected to help create or preserve 475 apartments statewide, including 438 affordable homes. 

The developments recommended for funding will leverage approximately $144.9 million in private LIHTC equity investment alongside approximately $59.6 million in proposed Connecticut Department of Housing funding. 

CHFA received 11 applications requesting more than $20 million in annual 9% tax credits during the 2026 funding round. The applications proposed a total of 640 rental units statewide. 

The developments approved for funding include: 

20 Scott Swamp — Farmington 

This development will create 62 apartments, including 49 affordable units and 14 supportive housing units for clients referred through the Connecticut Department of Developmental Services (DDS). Located in a municipality with less than 10% deed-restricted affordable housing, the development will replace a vacant nursing home facility with five new residential buildings. 

186 Shunpike — Cromwell 

This proposed development will create 60 apartments, including 48 affordable units and supportive housing units serving DDS clients. The development will be within close proximity to many public and private amenities including a park, school, daycare, restaurants, fitness center, primary care, pharmacy and grocery store. 

Edge Building 1 — Hartford 

The 9% LIHTC-funded phase of this mixed-income development will create 64 apartments, with an additional 61 units to be funded using 4% LIHTCs. The development will include supportive housing units for formerly homeless individuals and families through the CT811 program and will incorporate energy-efficient construction, solar, and broadband access. 

Parcel B Phase II — Naugatuck 

Parcel B Phase II will create 60 apartments, including 48 affordable units, as part of a broader neighborhood revitalization effort in downtown Naugatuck. The development will include 12 supportive housing units and sustainability-focused design features. 

Mount Pleasant Redevelopment Phase II-9% — New Britain 

This redevelopment effort will demolish and rebuild existing occupied affordable housing, ensuring that current residents will have access to housing following construction. The hybrid 4%/9% financing structure will support a combined 81 affordable apartments, 34 of which will be funded using 9% LIHTCs. 

MSP Phase 1B/9% — Hartford 

Located in Hartford, this redevelopment will demolish and rebuild existing affordable housing while preserving long-term affordability for residents. This 9% LIHTC-funded phase will create 39 affordable apartments, with an additional 42 units to be funded using 4% LIHTCs.