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Nonprofit acquires New Milford affordable housing development

A Stamford-based nonprofit organization has acquired several affordable housing developments in the state.  New Neighborhoods, Inc. will preserve the apartments at Indian Field in New Milford, Victory Gardens in Newington and the Eleanor apartments and Franklin apartments in Bridgeport.  There are 39 units at Indian Field.  The 4 developments were owned by the Women’s Institute of Housing and Economic Development.  The nonprofit’s mission is to create sustainable communities by developing, redeveloping, and preserving quality housing that strengthens low and moderate income families, allows seniors to age with dignity, and provides stability for the formerly homeless.

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