New York-based Regan Development Corp. last month pitched a $26 million project that would involve construction of 64 units at 2980 State St. and the addition of infrastructure improvements aimed at making the roadway more pedestrian-friendly. Fifteen percent of all units would serve people earning 30 percent or less of the area median income, he said. Of those, some would be reserved for renters with cognitive or intellectual disabilities, Regan wrote, while a couple would be reserved for individuals who were recently experiencing homelessness. The firm is working with the town to seek state funding that would help offset the cost of the project. To that end, the Legislative Council’s Economic Development Committee on Monday approved a resolution for the town to apply for $8 million from the state Community Investment Fund, according to a meeting recording and agenda on the town website.
https://www.theday.com/state/20230607/affordable-housing-pitched-for-hamden/