Meriden Housing authority replaces $192 million bond authorization with $225 million deal

This month, Maynard Road Corp. proposed the $225,000 agreement to the MHA for assistance financing the cost of developing 100 units of rental housing in two buildings and commercial retail space at 143 W. Main Street. The commercial space includes a black box music theater. Maynard Road is the development arm of the Meriden Housing Authority and shares identical board members including two employees of the agencies. Earlier this week, the Meriden Housing Authority Board of Commissions also approved a loan authorization for an undetermined amount to allow Maynard Road to begin constructing the projects.

https://www.stamfordadvocate.com/recordjournal/article/meriden-housing-authority-225m-bond-titan-19598891.php

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