Housing Formula Changes Calculus for Building Affordable Housing in the Region

A five-story, 82-unit mixed-income housing project for the long-blighted site of the former Campbell Grain building in Pawcatuck

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Despite concerns that a new funding formula would limit investment in affordable housing in the eastern portion of the state, the Connecticut Housing Finance Authority approved a plan to change how the agency scores applications for a highly sought after tax credit program.The new formula, based on census tract data rather than town borders, scores […]
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