Fair Haven I Scattered Site Project

Mutual’s Fair Haven I Scattered Site Project: Located at 13-15, 41, 45-47 Clay St. 339-341 Poplar St & 322 Poplar St. (17 units), Wolcott St., Murray Place, Saltonstall Court, & Saltonstall Avenue (19 units)., 255, 257 & 259 Grand Ave (8 units): This project is a combination new construction and rehabilitation project consisting of forty- four (44) units of housing (25 rehabilitation and 19 new construction). The total development costs for this project is $13 million dollars. Mutual Housing Association a/k/a NeighborWorks New Horizons is the developer entity. It was awarded $700,000 in City administered HOME funding and $200,000 LEAD funding and a state Interagency Committee for Supportive Housing (CHFA, DMHAS, DSS, DECD, DCF, OPM, with Corp. for Supportive Housing) Next Steps III commitment for development costs ($4,000,000+) and operating-support services expense subsidies. The developer has been approved for $4 million from State of Connecticut Department of Economic and Community Development along with LIHTC from CHFA, with a plus an additional gap funding award from the City to address an overall estimated project gap. There is an anticipated start date of June, 2011 with completion estimated in the Spring 2012.
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