State loan approved for planned Ledyard affordable housing
Ledyard - An affordable housing development for seniors on Church Hill Road will move ahead thanks to a $250,000 loan announced Friday by the state Department of Economic and Community Development.
The Church Hill Woods project is planned on about 15 acres of an 80-acre parcel owned by Ledyard Congregational Church's Ecclesiastical Society. Early plans unveiled late last year indicated it would include 62 units of both affordable and middle-income rental housing for seniors ages 55 and up.
The loan went to New Samaritan Corp. of New Haven, a nonprofit group that would operate and eventually own the complex.
"The loan will enable the developer to evaluate the alternatives of bringing public water to the site or providing an on-site water supply system," according to the DECD. "The site is on a public transportation route serviced by the Southeast Area Transit."
The church society had previously said some of the money also would be used to complete blueprints and retain an architect. The initial vision was for one major building in the front, with two other structures, including a dining and recreation area, behind it.
Another federal grant would be required to complete the project, according to previous information provided by the Ecclesiastical Society.
The Ledyard project's funding was included in $1.16 million of loans announced Friday by Gov. Dannel P. Malloy and Department of Housing Commissioner Evonne M. Klein.
The other affordable-housing proposals earning support were in Danielson, Oxford, Salisbury, Seymour and Waterbury. Altogether, the loans will help support 234 units of housing.
"Affordable housing is a critical part of strengthening our economy and revitalizing communities across the state - which is why we've committed $500 million over the next 10 years to build and rehabilitate Connecticut's affordable, congregate and supportive housing," Malloy said in a statement.
The interest-free money provided under the Predevelopment Cost Revolving Loan Program can be used for a variety of purposes, including feasibility and environmental studies.
The Town Council supported the affordable housing plan last year by passing a tax-abatement ordinance to help keep costs down.
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