Connecticut Department of Housing
Connecticut

The Housing Trust Fund Program was effective on July 1, 2005. The program provides gap financing, grants, loan guarantees, low-and no-interest loans, and funding for the Connecticut Individual Development Account housing program. Additionally, an Advisory Committee advises the Commissioner on the management and objectives of the program, and on the development of regulations, procedures and rating criteria for the program. The Housing Trust Fund Program is administered by the DOH and is designed to create affordable housing for low and moderate-income households. The funds are awarded as loans and/or grants to eligible sponsors of affordable housing. The program encourages the creation of homeownership housing for low and moderate income families, promotes the rehabilitation, preservation and production of rental housing and the development of housing which aids the revitalization of communities.

Funding Source
General revenue
Funding Year
FY 2023
Program Status
Active
State Funding
$50,000,000
Total Funding
$50,000,000
Contact
Michael Santoro Connecticut Department of Housing [email protected] 1-860-270-8171
How Provided?
Development loans; Development grants
Data Collected by Program
Does not collect data on income, race, ethnicity, disability status, or age
Program Type
Income Eligibility Threshold
Info Source
Interview with program administrator
Last Updated
4/18/23 13:39
Other Eligibility Requirements

No other eligibility requirements

Coordinates Eligibility With

Does not coordinate with other systems

Eligibility Limitations

Does not limit eligibility on these criteria

Priority Populations

Does not prioritize beyond eligibility requirements