Housing complex wins $1.2M state grant for upgrades

HARTFORD — Westbrook is among 10 communities across Connecticut to receive a portion of $31 million in funding to support the development of affordable housing projects.

Gov. Dannel P. Malloy, Department of Housing Commissioner Evonne M. Klein and Connecticut Housing Finance Authority Executive Director Karl Kilduff made the announcement earlier this week.

The DOH will provide up to $1,192,200 to the Place Cooperative in Westbrook, a 12-unit, Limited Equity Co-op to finance the repaving of the asphalt surfaces and curbing, replacement of roofing/gutters, siding, windows, exterior doors, and replacement of all boilers and hot water heaters. This project leverages $21,772 in energy incentives and $30,000 in owner reserves, according to the release.

The funding announcements are part of several initiatives that began under the Malloy administration, including the Competitive Housing Assistance for Multifamily Properties funding program, the State Sponsored Housing Portfolio funding program and the Affordable Homeownership funding program, according to a press release.

These awards will help to create, rehabilitate or preserve nearly 600 units of affordable housing for both the rental and homeownership markets. These units are also aiding in the state’s nationally recognized efforts to prevent and end homelessness.

Funding is contingent upon final approval by the State Bond Commission.