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February 26, 2020 Deal Watch Today

Hartford OKs land sale to developer proposing $6.7M senior-housing complex

Rendering | Contributed New Samaritan is planning to build a 22-unit affordable housing complex at the corner of New Park and Francis Court in Hartford.

Hartford officials have agreed to sell one of its vacant Parkville neighborhood properties to a North Haven-based not-for-profit developer planning to build a $6.7-million senior-housing complex there.

The city council on Monday approved a resolution authorizing the sale of 126 and 130 New Park Ave., 161 Francis Ave. and 8 Francis Court to New Samaritan Corp. for $87,000.

The sale clears a major hurdle for New Samaritan, which says it’s Connecticut’s largest nonprofit developer of affordable senior housing, as it looks to build 22, one-bedroom apartments for elderly residents located next to a Stop & Shop supermarket and CTfastrak station. 

Tammy Lautz, New Samaritan’s director of housing management, said her group will break ground on the 12- to 18-month construction project sometime in the next year.

Lautz said New Samaritan, which manages 84 affordable housing units across three properties in Hartford, identified its newly acquired site because residents will easily be able to access Stop & Shop and public transit.

HBJ Photo | Joe Cooper
The four-story senior-housing development will sit on a half-acre lot adjacent to a Stop & Shop supermarket.

According to city records, the proposed four-story, 23,626-square-foot residential complex will feature a community kitchen, activity area and rooms for physical and occupational therapy, among other spaces and services. Apartments will range from 600 to 675 square feet.

Rents will vary for each resident, who will pay no more than 30% of their annual gross income. Tenants will seek additional rental assistance from the U.S. Department of Housing and Urban Development (HUD), Lautz said.

New Samaritan is investing $2 million in the housing project, and will fund the remaining balance with more than $4.5 million of federal funding secured through HUD.

Founded in 1990, New Samaritan has developed about 2,500 housing units in Connecticut and Massachusetts since its founding 50 years ago. In Hartford, it currently manages the Bacon Congregate Homes, Victory Cathedral and Ida B. Wells Apartments.

The organization is not the first attempting to redevelop the half-acre lot at the corner of New Park and Francis Court, which the city has owned since 2010.

In 2013, the city council opposed a controversial proposal to sell the property for the development of a Stop & Shop gas station.

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