Prospect Ridge - New Buildings
Prospect Ridge - New Buildings
Prospect Ridge- New building being framed
Prospect Ridge - Two Buildings are up!
Project Characteristics
- New construction of four 5-unit apartment buildings
- Creation of 20 new units of quality affordable rental housing
- Units will be rented to low- to moderate-income persons or families
- All units are one to three bedrooms
Prospect Ridge Affordable Housing
Expansion ("Meadows")
Ridgefield Housing Authority
51 Prospect Ridge, Ridgefield, CT
Project Funding Sources
- $1.7M Fairfield County Bank Mortgage
- $1M DECD HOME Financing
- $400K Federal Home Loan Bank AHP Funds
- $500K CHFA HTCC State Housing Tax Credits
- $120K DECD Gap Financing
Prospect Ridge- View of RHA Congregate Building in background
Prospect Ridge - Buildings moving along nicely
Development Team
- REDI - Development Consultant
- DCA Architects - Ridgefield, CT
- LaRosa Building Group - Meriden, CT
- Ridgefield Housing Authority
