On behalf of the Charter Oak Communities, Stamford’s housing authority, Redniss has put before the Board a new plan for the property. Across three phases, the housing authority will tear down Oak Park and replace it with updated and larger units. The buildings will include 16 one-bedroom, 114 two-bedroom and 36 three-bedroom apartments. For the Oak Park redesign to move forward as currently proposed, the Zoning Board must approve changes to the parking requirements for affordable housing projects. The board will again discuss Oak Park at its June 6 meeting. The project also receives no operating subsidy from the government, according to documents submitted to the city. Rental payments are the only funding that covers property expenses. During the renovation process, Charter Oak says that residents will be able to remain in the complex. Those who live in the apartments under construction will be moved into other vacant units, Redniss told the Zoning Board. Each project phase includes several dozen apartments.
https://www.stamfordadvocate.com/news/article/Stamford-s-housing-authority-plan-for-Oak-Park-17205394.php