inutes

CRDA Housing Committee Meeting
Friday, March 27, 2015 at 9:00AM
100 Columbus Boulevard
Suite 500
Hartford, CT 06103-2819
Tel (860) 527-0100
Fax (860) 527-0133
www.crdact.net
PRESENT:
Directors: Committee Chairman Thomas Deller, Board Chair Suzanne Hopgood (telephone),
Commissioner Evonne Klein (telephone), East Hartford Mayor Marcia Leclerc
Advisory Members: Nick Lundgren – DOH
Staff: Michael Freimuth, Anthony Lazzaro, and Lauren Vaz
The meeting was called to order at 9:04am by Committee Chairman Deller.
1. Draft Minutes
Minutes from the February 6, 2015 Housing Committee Meeting were approved.
2. Applications Pending - Updates:
370 Asylum Street:
Mr. Freimuth reviewed the details of the revised application. The revised proposal
now includes 5 2-bedroom units, and a total of 18 affordable units of the 60 available
in the project; design drawings are approximately 25-30% complete. No appraisal or
commitment letters were received.
1279-1283 Main Street:
Mr. Freimuth discussed the loan application for the mixed use residential project with
8 2-bedroom units over ground level commercial space. Chairman Deller stated that
funds from a City of Hartford grant can be used to renovate 35% of the facade.
105-107 Wyllys Street:
Mr. Freimuth reviewed the details of the application which include a 46 unit
residential building: 4 2-bedroom, 24 1-bedroom, and 18 studio units; and
underground parking (atleast 1 space/unit). Project financing is still not secured; a
gap in the budget can be closed via a grant – details to be provided. No appraisal or
environmental reports received.
3. Ongoing Projects - Updates
Capewell Lofts – is an item on CHFA’s April 2015 Board Meeting agenda
3 Constitution Plaza – discussions continue about project details including financing
& building permit fee(s); parking to be negotiated post-closing.
Hartford Office Supply – has a projected closing date of May 2015 with construction
to start in Summer 2015. The project has multiple sources providing financing
including a DECD Brownfield grant, and Bond Commission funds.
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4. Closing Pending
36 Lewis Street – projected closing date: April 2, 2015.
5. Next Meeting: May 1, 2015
6. Adjourned at 9:50am.
“Minutes were approved at the Housing Committee Meeting on 5-1-15.”
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