Construction begins on controversial $10.7M Hartford affordable housing project

A $10.7 million affordable housing development in Hartford’s Asylum Hill neighborhood, which drew the ire of local residents two years ago when it first aired, recently began construction after the developer was able to piece together financing for the project. Construction began early this month after Chrysalis raised funding from myriad sources, including the Department of Housing, Connecticut Housing Finance Authority, U.S. Department of Housing and Urban Development, State Historic Preservation Alliance, among others, Castelli said. Chrysalis’ real estate arm — the Chrysalis Center Real Estate Corp. — is constructing the project. Chrysalis bought the Asylum Avenue properties in 2017 for $850,000 from the Jumoke Academy. Because the properties are historic, construction must preserve the original character of the buildings.

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