The Fairfield Ridge Apartment complex in Danbury is receiving some state funding for rehabilitation efforts.
The State has awarded nearly $18 million in loans and grants to ten affordable housing developments. Department of Housing Deputy Commissioner Nick Lundgren says the grants are part of a 10-year state-sponsored Housing Portfolio Revitalization Initiative. The portfolio is made up of over 340 properties at which approximately 19,000 people reside.
Fairfield Ridge Housing Associates is receiving $2.5 million, paired with $6.3 million from the Connecticut Housing Financing Authority and the Low-Income Housing Tax-Credit Program.
Fairfield Ridge Apartments is moderate rental family housing with a mix of 45 two-bedroom units and 13 three-bedroom units in duplex and ranch style homes.