Real Estate Development
Our unique in-house Real Estate Development Division (RED) is dedicated to Making Home Happen a reality through innovative, high-quality housing solutions designed to meet the diverse needs of our communities across Connecticut, which include low-medium income families, seniors, and workforce housing.
The RED’s Mission is to create affordable, sustainable, and vibrant housing options that enhance the quality of life for individuals and families. We are committed to developing properties that provide shelter and foster a sense of belonging and community. Our projects aim to address housing disparities and contribute to the well-being of Connecticut residents.
At Connecticut Housing Partners, we believe that everyone deserves a place to call home.
RED Team Approach to Making Home Happen
Our approach to affordable and workforce housing development is rooted in a deep understanding of our communities’ unique challenges and opportunities. We combine thoughtful design with practical solutions to deliver affordable and desirable homes. Here’s how we do it:
CHP’s capacity to effectively secure funding relies on its robust relationships with various government entities, and ability to navigate the intricate regulatory landscape efficiently. However, leveraging these relationships represents just one facet of our funding strategy.
To construct a comprehensive capital stack, we actively pursue financial support from a diverse range of sources, including private investors, corporate partners, philanthropic foundations, and financial institutions prioritizing low-interest rate options for non-profit initiatives. This multifaceted approach ensures that we can adequately address funding gaps and sustain our mission.
Quality is integral to our mission. We prioritize the design of affordable properties and communities while upholding the highest standards in construction and design excellence. Our approach ensures that we not only meet community needs but also enhance the overall living experience for our residents.
By addressing both affordability and quality, we aim to create sustainable environments that foster community engagement and long-term value.
Our commitment to environmental stewardship is exemplified through our integration of sustainable building practices and the implementation of energy-efficient technologies.
We actively seek to advance environmentally responsible housing solutions that minimize ecological impact while enhancing the quality of living spaces. By prioritizing sustainability in design and construction, we not only contribute to the well-being of the planet but also promote healthier lifestyles for our residents.