CRDA’s board of directors on Thursday voted unanimously to authorize the state taxpayer-backed loans for the project’s first phase, which will include construction of new apartments and retail space. The CRDA-approved financing includes a historic credit bridge loan of up to $5.5 million and a traditional construction mortgage of $6.5 million. All financing still must be approved by the State Bond Commission. In all, the first phase budget also includes $14 million in bank financing and $3.8 million in developer equity. The proposal, first presented to CRDA in June, calls for three components: Redevelopment on Pratt and Trumbull streets; repairing and reopening the Talcott Plaza garage; and acquisition and redevelopment of The Lofts at Main and Temple property into more apartments.