The Connecticut Housing Finance Authority (CHFA) announced that the State Bond Commission has allocated $87 million in funding to support three critical housing initiatives that address Connecticut’s most pressing housing challenges: a $35 million allocation for the Time To Own down payment assistance program, $50 million for the Build For CT initiative supporting middle-income rental housing, and $2 million for the Small Multifamily CDFI Loan Program, which finances the rehabilitation of small-scale rental and ownership properties.