In Connecticut, the HOPE Partnership is redeveloping properties, increasing affordable housing is part of an effort to reinvigorate local communities.
The complex includes apartment and ground-floor retail
The Lofts, a redevelopment created by the HOPE Partnership, is the latest of that organization’s efforts to modernize and update older buildings to meet community needs. The mixed-use property has a variety of apartments on its second and third floors, while the first floor features retail and office space.
The Center for Housing Policy reports affordable housing development often increases, not decreases, property values by injecting increased economic investment in the local community. Read more