#United States #New Haven #NHP Foundation #Curtis Cofield #West River SHIP

The NHP Foundation's New Initiative in New Haven

In a pivotal moment for affordable housing, the NHP Foundation (NHPF) has officially opened the Curtis Cofield II Estates in New Haven, Connecticut. This impressive $30 million project brings 56 energy-efficient homes to the West River neighborhood, directly supporting the city’s Neighborhood Revitalization Strategy.

A Significant Partnership

The project is the result of a fruitful collaboration between NHPF and West River Self-Help Investment Plan (West River SHIP). This partnership is not just about construction; it's about a shared vision of housing equity. "This development reflects what's possible when public and private partners unite around a shared vision for housing equity," stated Eric Price, President and CEO of NHPF. This new development is not just a building; it represents a substantial shift towards sustainable community investment.

Honoring a Local Hero

Named after Curtis Cofield II, a renowned local housing advocate and religious leader, the estate aims to serve a diverse group of residents. Out of the 56 units, 44 are set aside for households earning up to 60% of the area median income (AMI), including 12 units designated for supportive housing. Moreover, 12 units will cater to middle-income residents earning up to 100% AMI. This blend of affordability underscores the Estates' commitment to inclusivity within the community.

Modern Features and Amenities

Curtis Cofield II Estates comprises 11 townhouse-style buildings and offers an array of amenities. Residents will enjoy 62 surface parking spaces, electric vehicle charging stations, and potential retail space for a minority- or woman-owned café or bakery. A community center, playground, and gazebo create inviting environments for both socialization and relaxation.

Environmental Innovation

In addition to providing affordable housing, the development prioritizes environmental sustainability. The all-electric community meets Zero Energy Ready Home and Passive House standards, with anticipated energy savings of 50% to 90%. Utilizing solar panels and Connecticut Energy Rebates, the Curtis Cofield II Estates not only provides homes but also tackles pressing environmental concerns.

Financing the Future

The financial backbone of this project is robust, involving multiple funding sources, including Citizens Bank construction bridge debt and 9% Low-Income Housing Tax Credit equity from Royal Bank of Canada (RBC). Additional support from the Connecticut Department of Housing and the Federal Home Loan Bank further highlights the collective effort to make affordable housing a reality.

“Under the current administration, we have been dedicated to this mission, and the 7,000 units now under construction reflect a real commitment to affordability and opportunity," remarked Seila Mosquera-Bruno, Commissioner of the Connecticut Department of Housing.

Community Support Services

To further enhance the residents' living experience, NHPF’s subsidiary Operation Pathways will provide on-site programming. Columbus House will cater to the needs of the 12 supportive housing residents, ensuring they have access to essential services and support.

A Legacy of Hope

As Mayor Justin Elicker emphasized, "Where homes once stood, homes now stand again." This development re-establishes a community previously disrupted by highway construction, offering a safe and inclusive environment for working-class families, individuals overcoming homelessness, and people with disabilities.

In closing, Curtis Cofield II Estates is a testament to the power of collaborative efforts in creating lasting change in the realm of affordable housing. Ultimately, it serves as a model for future developments across the nation, reaffirming NHPF’s commitment to creating vibrant, sustainable communities for all.