The nonprofit development arm of the West Hartford Housing Authority says it’s secured federal tax credits to build its second, $20-million transit-oriented development on New Park Avenue. Trout Brook Realty Advisors on Monday said the tax credits awarded by the Connecticut Finance Housing Authority (CHFA) and additional financing from the Connecticut Department of Housing (DOH) will spur its redevelopment of the former Acme Auto Part site into a 52-unit apartment building with ground-level retail space. Trout Brook, which is developing the 2-acre property in partnership with National Housing Trust Communities, plans to break ground on the project later this year with a completion date set for early 2022.
https://www.hartfordbusiness.com/article/west-hartford-eyes-second-20m-transit-oriented-development-on-new-park-ave