Home | En Español | Contact Us | A to Z | |
A Summer Place
On November 3, 2015, HUD staff participated in a groundbreaking for Stamford's Summer Place, a new mixed-income housing development for seniors 55 and over. Summer Place will replace Czescik Homes, a state public housing complex that was impacted by Super Storm Sandy and in need of significant upgrades. Adjacent to downtown, the 5-story complex will house 40 one-bedroom and 8 studio apartment units. Each unit will have a living area, bathroom, kitchen with energy efficient appliances and a basement storage area. The property will feature laundry facilities, a community kitchen, a recreation room, landscaped rooftop deck and a health care exam room. Support services will also be offered to the residents. Half of the 48 units will be subsidized through HUD's Project Based Housing Choice Voucher (Section 8) program. HUD contributed $6.4 million in Community Development Block Grant Disaster Relief (CDBG-DR) assistance as well as $220,000 from Stamford's HUD HOME Investment Partnerships program. In addition, the 15-year project based vouchers include a Housing Assistance Payments (HAP) program subsidy of $4.3 million, bringing HUD's total investment to $10.9M. Additional funding was provided through the Federal Low Income Tax Credit (LIHTC) program, a city of Stamford Capital Loan and the Inclusionary Housing Zoning Trust Fund. Construction is underway and units will be ready for occupancy in early 2017. ### |
||
Content Archived: January 25, 2017 | ||