UPDATE: Governor Dan Malloy on Monday announced funding for affordable housing projects around the state including the first phase of the Windward Commons, a $25 million redevelopment of the troubled Marina Village public housing complex in the South End.
According to a news release issued by the governor, this phase of the project covers 60 units: 48 units of housing for households with incomes up to 60 percent of Area Median Income (AMI), including 15 project-based Section 8 rental subsidies, 12 supportive units and 12 market rate units.
Financing was approved by the Connecticut Housing Finance Authority. The Bridgeport Housing Authority, now called Park City Communities, has announced a multi-phase redevelopment of Marina Village which has been plagued by crime and flooding issues.
The new Windward apartments will be developed on the demolished portion of the Marina site where it borders Park Avenue, according to McClutchey. The project is a collaboration between McClutchey and the housing authority which owns the land. The block is at the nexus of Railroad, Park, Johnson and Columbia.
“Leveraging federal tax credits with other public and private funding will not only provide much-needed affordable housing for Connecticut residents, the construction and other work involved in bringing these new units online will generate jobs and economic activity in the state,” Malloy stated in the release.
Both Crescent Crossings and Windward Commons are privately developed, mixed-income housing. They include market-rate units, affordable units, and a percentage of public housing replacements units for residents displaced from Marina Village, according to McClutchey.
Estimated completion date for Windward Commons is spring 2019.