Connecticut Governor: $49M Funding To Build Affordable Housing

Connecticut Governor: $49M Funding To Build Affordable Housing

HARTFORD, CT (STL.News) Governor Ned Lamont today announced that more than $49 million in state funding that will support the development of hundreds of units of affordable housing in towns throughout is anticipated to be approved when the State Bond Commission meets later this week.

The governor, who serves as chair of the commission, said the funding supplements his administration’s ongoing efforts to expand access to mixed-income housing options in a wide range of Connecticut communities while also building on initiatives to prevent and end homelessness.

“Helping all Connecticut residents afford high-quality housing in the community of their choice supports families, kickstarts the economy, and makes neighborhoods vibrant places to live and work,” Governor Lamont said.  “As more and more families decide to build their future in Connecticut, it’s vital we invest in housing.  An investment in housing is an investment in family stability, children’s success, and the economic health of our entire state.”

“Striking the right balance between new construction and preservation has been a delicate dance, one that has required a reorganization and refocus on our internal processes in pursuit of the administration’s vision and the mission of the agency,” Connecticut Housing Commissioner Seila Mosquera-Bruno said. 

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