A $249,000 Apartment is Affordable Housing in Connecticut
Connecticut officials are set to approve $78 million of borrowing Friday to pay for new and improved affordable housing with unit prices reaching as high as $249,000 for apartments in Norfolk. Gov. Dannel Malloy announced the projects Wednesday. The State Bond Commission, controlled by the administration, will vote on the projects Friday. The administration announced the plan as part of its drive to create quality, affordable housing to spur economic growth and investment in the state.