Multi Residential

NHPF Closes on $30M of Construction Financing for Curtis Cofield II Estates in New Haven

Rendering of Curtis Cofield ll Estates

New Haven, CT –  The NHP Foundation (NHPF), a national not-for-profit provider of quality affordable housing, announced it has closed on $30 million of construction financing for Curtis Cofield ll Estates in New Haven.

The development will be constructed on vacant land purchased from the City of New Haven. The development is in partnership with West River Self-Help Investment Plan (West River SHIP), an investment group based on the doctrine of the late Reverend Dr. Leon H. Sullivan, pastor of the Zion Baptist Church in Philadelphia, whose principles address racial and economic emancipation through participation in profit-making initiatives by minorities that have been traditionally deprived of involvement in substantial capitalistic endeavors.

The 56 units of new affordable housing will be available for 44 households at or below 60% AMI and 12 affordable to residents at 100% AMI. Of the 44 low-income households, another 14 are reserved for supportive housing. The development will be spread across 11 townhouse style buildings and will range in size from one to three bedrooms. There will be 62 on-site surface parking spaces with four electrical vehicle charging ports. The property will offer approximately 580sf of commercial space for a coffee shop/bakery to be run by a minority-owned operator. The site will also include a 2,700sf community center, ancillary office space, a playground, and an outdoor gazebo.

“We are pleased to recognize the namesake of the project, the late Rev. Dr. Curtis Cofield II, who was considered the ‘dean’ of Connecticut’s black Baptists and a stalwart advocate of New Haven’s homeless and people with AIDS; he was the former leader of West River SHIP and visionary of this development,” said NHPF’s Micah Hunter, lead developer of the project who added that the site was a 40+ year vacant failed Urban Renewal highway project in need of revitalization.

Sustainability is at the center of the project. All buildings will be built to Zero Energy Ready Home and Passive House Design standard for energy efficiency and conservation of resources to achieve between 50%-90% energy savings, plus solar paneling. It will be 100% electric and have no gas connections.

The development is in one of New Haven’s priority Neighborhood Revitalization Strategy Areas. A key component of the Comprehensive Plan for the Hill/West River neighborhood is the development of affordable housing communities combined with retail, services, and amenities that improve quality of life for residents.

Added Anthony B. Dawson, president, West River SHIP, “Breaking the ground for Curtis Cofield ll Estates has been 22 years in the making and we couldn’t have reached this crucial juncture without the help of many government officials including Governor Ned Lamont, CT Department of Housing Commissioner Seila Mosquera-Bruno, CHFA Chief Executive Officer Nandini Natarajan, Commissioner of the Connecticut Department of Economic and Community Development Alexandra Daum, New Haven Mayor Justin Elicker, New Haven Board of Alders President Tyisha Walker-Myers, City agency Livable City Initiative, and community groups like West River Neighborhood Service Corp., The Hill and the Dwight Neighborhood Management Team, Friends of West River Peace Garden, and Yale New Haven Hospital and Yale University Law School.”

Local social service agency Columbus House will be the supportive services provider for the 14 supportive housing units. Operation Pathways will provide resident services for the project as well providing a resident services coordinator to serve all residents of the property.

Construction on Curtis Cofield ll Estates, located at 714-802 Rev. Dr. Martin Luther King Jr. Blvd., 669-767 Legion Avenue, and 90-108 Tyler Street, New Haven, began on Dec. 4.