State Programs, Local Impact in Litchfield County
Hosted By
Speakers
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Marcus Smith Director of Research, Marketing and Outreach
Connecticut Housing Finance Authority
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Andrew Bolger Senior Research & Data Analyst
Connecticut Housing Finance Authority
Since 1969, CHFA has grown from a small quasi-public organization with $5 million dollars to lend for first-time homebuyer mortgages to an organization that lends more than $500 million dollars each year for affordable housing. All 169 Connecticut towns have benefited from CHFA financing.
CHFA leverages its financial strength in partnership with public and private investors. The result is that more than 150,000 Connecticut residents have purchased their first homes with a CHFA below-market interest rate mortgage, allowing them to begin building their financial futures. Additionally, CHFA's investments have built or renovated the more than 60,000 affordable multifamily apartments that hundreds of thousands of state residents call home.
Hosted in partnership with
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Connecticut Housing Finance Authority
Connecticut Housing Finance Authority is a self-funded, quasi-public organization. Its mission is to alleviate the shortage of housing for low- to moderate-income families and persons in this state and, when appropriate, to promote or maintain the economic development of this state through employer-assisted housing efforts.