West Joins East
On November 18, 2014, U.S. Department of Housing and Urban Development (HUD) and Connecticut Department of Housing staff joined community leaders to celebrate the completion of renovations to Saye Brooke Village West in Old Saybrook, CT. The campus also includes Saye Brook Village East, a 36-unit HUD-funded Section 202 program complex. Former actress Katherine Hepburn provided pre-development seed money for both projects.
Saye Brook Village West is a Connecticut Housing Finance Authority (CHFA) financed rental housing development for the elderly (62+) at or below 80% of area median income. The complex contains ten one-bedroom and four two-bedroom units.
Renovations at the West side of the campus began following the refinance and renovations completed at the East side through HUD's Section 223(f) program. The first phase was funded through a CHFA refinance/preservation loan that provided $470,000 for new siding, windows, doors, roofing, site lighting and HVAC upgrades.
The second phase was funded from the HUD-funded State of Connecticut Small Cities program (www.ct.gov/doh/cwp/view.asp?a=4513&q=530474) that provided $471,000 for the Americans with Disabilities Act (ADA) conversion of two units, new kitchens, energy efficient appliances, bathroom upgrades including low flow toilets, parking lot pavement and new trash enclosures. The goals of the renovation efforts were to provide affordable, attractive, accessible, energy efficient units for the next 25 years.
|Content Archived: January 7, 2016|