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    Office Of The Mayor

    City celebrates completion of Quinnipiac Terrace, Phase 1

    (7/7/2006) Friday, July 7, 2006 is an important day for the residents of Quinnipiac Terrace/Riverview – that’s when many residents get to move into their new homes in their new neighborhood after a two year wait.

    A ribbon cutting is set for 2 p.m. on Friday, at the corner of Bailey and Del Rio Drive, preceded by a tour of apartments at 1:30 p.m. (parallel to Front Street – take State to Middletown Avenue, pass the public works department and take a right on Bailey.) Speakers will include Mayor John DeStefano, Jr., Julie Fagan, U.S. Department of Housing & Urban Development; Jim Miller, Executive Director of the New Haven Housing Authority; Tim Coppage, CHFA; Mary Glascock, Aegon USA Realty Advisors, Inc.; Brenda Lopez, QT Resident; Shireen Hawkins, a QT resident will be speaking.

    Sarah Barnat, Trinity Financial.

    Mayor John DeStefano, Jr. said the new housing development has “a striking physical design that adds to the riverfront renaissance of Fair Haven. We are celebrating the complete turnaround of a complex that was severely deteriorated, replaced with a new mixed income development that integrates well into the neighborhood. Like Monterry Place before, we are creating a new neighborhood in which families can thrive.”

    “This is an example of the type of community that can be developed by all facets of local city, state and federal governments,” said Jimmy Miller, Executive Director of the New Haven Housing Authority.

    The first phase of this redevelopment effort consists of 81 two-, three- and four-bedroom units. Fifty-eight of the units are public housing units and 23 are subject to a ten-year Section 8 contract. The approximately $ 28.4 million Phase I effort (including administration, community and supportive services and relocation) has been funded by approximately $12 million in HOPE VI funds. Other sources for the housing component of the project include approximately $14.25 million in equity raised via the sale of 9% Low Income Housing Tax Credits to Aegon USA Realty Advisors; and, $768,000 in City HOME funds. In addition, the City of New Haven contributed $1,375,000 for public infrastructure work.

    Many are hailing the design of the project as spectacular and well adapted to Fair Haven as a waterfront community. The barracks style housing has been completely demolished. The complex has new streets, opening up to the newly renovated Clinton Avenue school and a new park will be part of the final development. The complex is fully integrated into the neighborhood. The exterior design of the complex has elements of the fishing and oystering history of Fair Haven. This is now one more of New Haven’s unique and wonderful neighborhoods.

    Quinnipiac Terrace Phase 2 will begin demolition and construction in September 2006. The second phase of this redevelopment effort consists of 79 one-, two-, three-, four-, and five-bedroom tax credit units. Fifty of the units will be constructed on the main site, adjacent to QT Phase 1; and, 29 units will be constructed off-site on a site called

    "Quinnipiac Ridge." Additional improvements on the main site include a

    8,500 square foot community center and management office and

    Initial improvements to the adjacent Dover Park.

    About Phase 1:

    The pre HOPE VI Quinnipiac Terrace/Riverview development consisted of 256 public housing units of which approximately 170 were occupied in December 2002 at the HOPE VI application submission. When the HopeVI grant was awarded to HANH on March 19, 2003 there were approximately 154 families remaining in Quinnipiac Terrace/Riverview. Riverview, which is non-contiguous to the main Q Terrace site, consisted of 12 dwelling units in three buildings, all buildings were vacant and boarded up at application time and have since been abated and demolished with HANH funds.

    The new Quinnipiac Terrace/Riverview will consist of two hundred and forty-five (245) new housing units, one hundred thirty one (131) public housing units will be constructed by Trinity Financial on the Peck Street North site and 29 units will be constructed at the Qterrace offsite location at St. Anthony’s Street. Trinity will construct an additional nineteen (19) units of single-family homeownership, on land donated by HANH, at the Northeast corner of the North Peck Street parcel.

    ECCO, a local faith based initiative, will construct, on land donated by HANH, a total of thirty three (33) new two (2) family structures consisting of an owner occupied unit and a rental unit. Eight (8) Structures (16 units) have already been constructed by ECCO on the Riverview site located at the corner of Lombard and Front Streets.

    Funding Sources

    The funding for this project is approximately $65.5.M for the redevelopment activity. Sources are:

    1. HANH Capital & other funds $1.7M

    2. HOPE VI - $20M

    3. Low Income Tax Credit - $37.5 M

    4. CSS provider leverage (in kind grant) $582k

    5. Trinity contribution for Parks - $100k

    6. City of New Haven - $5.6M * includes $1.7M to ECCO & $3.9M to Trinity

    7. State of Connecticut Site Remediation funds $4m

    Partner Contacts:

    Housing Authority of New Haven:

    Jimmy Miller

    Executive Director

    Tel: 203-498-8800

    City of New Haven:

    Kelly Murphy

    Economic Development Administrator

    Tel: 203-946-2866

    Trinity Financial:

    Patrick Lee

    Principal, Trinity Financial

    Tel: 617 720-8400

    Click image to enlarge.
    The "new" Quinnipiac Terrace/Riverview

    Click image to enlarge.

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