Quinnipiac Terrace
New Haven, CT
Trinity was the development partner selected by the Housing Authority of the City of New Haven (HANH) for the HOPE VI redevelopment of Quinnipiac Terrace. In March 2003, HANH was awarded a $20 million HOPE VI grant for the redevelopment of Quinnipiac Terrace. As part of this effort, Trinity transformed a severely distressed public housing development into a vibrant new mixed-income community that reconnected to the larger Fair Haven neighborhood and created an exciting new riverfront community in New Haven.
The new Quinnipiac Terrace provides housing that meets the needs and lifestyles of today's families, featuring well-designed kitchens, living areas, and outdoor spaces. The design maximized private, individual entries and created private backyards for almost all units. The redevelopment occurred in three phases and consists of 193 new housing units with a mix of public and rental housing.
Financial closing for the first rental phase took place on April 15, 2005. Phase 1 included the demolition of seven existing public housing buildings and the construction of 81 new family apartments. The total development cost for Phase 1 was approximately $22 million and was financed through a combination of HOPE VI funds, 9% Low-Income Housing Tax Credits, and City of New Haven funds.
In 2006, Trinity was awarded $2.2 million in 9% credits by the Connecticut Housing Finance Agency for Phase 2—twice the amount of credits in a single allocation than had been anticipated. Phase 2 construction began in September 2006 and was completed in March 2008, creating an additional 79 units of affordable rental housing.
The third phase of development, which included 33 units of mixed-income rental housing, closed in July 2010 and was completed in May 2011 at a total development cost of $15 million.
Type
Mixed-Income
Total Development Cost
$77 million
Units
193 / 60% AMI / 3 Bldgs.
Completed
Phase I Completed: 2006
Phase II Completed: 2007
Phase III Completed: 2011
Mixed-Income
Total Development Cost
$77 million
Units
193 / 60% AMI / 3 Bldgs.
Completed
Phase I Completed: 2006
Phase II Completed: 2007
Phase III Completed: 2011
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