HAMDEN — The firm behind the construction of an affordable housing complex on Mather Street is looking to bring more low-cost units to Hamden, this time on a five-acre State Street property.

New York-based Regan Development Corp. last month pitched a $26 million project that would involve construction of 64 units at 2980 State St. and the addition of infrastructure improvements aimed at making the roadway more pedestrian-friendly.

Thirty of the rentals would be one-bedroom units, 32 would be two-bedroom units and two would be three-bedroom units, Ken Regan, vice president of Regan Development, said in an email.

Fifteen percent of all units would serve people earning 30 percent or less of the area median income, he said. Of those, some would be reserved for renters with cognitive or intellectual disabilities, Regan wrote, while a couple would be reserved for individuals who were recently experiencing homelessness.

The complex's remaining units would serve households making 60 percent of the area median income or less, according to Regan.

For fiscal year 2023, Hamden's AMI for a family was $111,900, according to the Department of Housing & Urban Development's income limit database. HUD determined that income for a three-person household making 50 percent of the AMI was $51,650, the database shows.

The firm is working with the town to seek state funding that would help offset the cost of the project.

To that end, the Legislative Council's Economic Development Committee on Monday approved a resolution for the town to apply for $8 million from the state Community Investment Fund, according to a meeting recording and agenda on the town website.

If granted, some of those funds would help make up a funding gap in construction costs, said town Economic Development Director Erik Johnson, while the rest would "support the installation of new infrastructure along State Street" like crosswalks and sidewalks, making the area more pedestrian-friendly.

The resolution still needs the approval of the full Legislative Council.

"The potential development on State Street just represents another example of how the town of Hamden is trying to work proactively to not only increase its inventory, but to also create more inclusive and affordable spaces for people to live," Johnson said.

Regan Development owns a second property in town at 415 Mather St. The complex was completed about two years ago and has units dedicated to housing veterans, Larry Regan, the company's president, told the Legislative Council during a May 1 meeting, according to a recording available online.

The firm focuses on creating green and energy-efficient housing, he said, and units typically cost between $1,000 and $1,500 below market rate.

"We use a mix of State/Federal sources including tax credits, plus substantial private investment and Developer equity to fund our developments," Ken Regan said in the company's statement.

The State Street property currently is occupied by a single-family home and is located near the Skiff Streat intersection.

At 6:30 p.m. June 8, A Church for the City will host a community input meeting about the proposal at 2105 State St.