The state Bond Commission has approve funding for a project in New Preston. When the state Bond Commission met earlier this month, $480,000 was approved for a housing development project and program. The money is being provided as a grant-in-aid to Washington Community Housing Trust. The $480,000 will help with renovation of a four bedroom farmhouse and construction of two additional units of affordable home ownership housing known as Vincent Farm on New Milford Turnpike in New Preston. Washington Community Housing Trust will retain ownership of the land and grant 99 year leases to the homeowners.