So when a ceremonial ground-breaking was held on the site Jan. 16 it came as a surprise that 160 of the 420 units planned for the first phase of construction would be lower-priced workforce housing. Not low income, but aimed instead at teachers, police officers, nurses and others, and exceeding an affordable requirement in an earlier agreement with the city. According to state officials, the 160 apartments will be spread out among different sizes, from studios to three-bedroom units, and with rents starting around $2,000 per month. The average projected savings for tenants is $385 per month over market rate. Pasquale Guliano is managing director of multifamily programs with the Connecticut Housing Finance Authority, a quasi-public agency involved in helping Steelpointe. He in an interview said the challenge the Christophs faced was convincing people with money that luxury housing would work in Bridgeport.
https://www.stamfordadvocate.com/news/article/steelpointe-development-luxury-apartments-18658848.php