Affordable homeownership for 3 families earning up to 50% AMI in Bristol, CT

In November 2021, Community Housing Capital provided a construction loan of $450,000 to Neighborhood Housing Services of New Britain (NHSNB). The loan will fund the simultaneous construction of three, affordable single-family homes just 2 miles east of downtown Bristol, Connecticut. In an area that has seen decreasing rates of homeownership in the last decade, the actual costs to build the 1,130 square foot homes are approximately $385,000 each.