Innovative Financing to Create and Sustain Healthy, Equitable Communities
Developments > Edith Johnson

Edith Johnson



Project at a Glance:
Location:
New Haven
Development Type:
Rental,Senior Housing
Sponsor:
Beacon Communities
Number of Units:
95
Date Completed:
12/30/2022

This project is an acquisition rehab transaction that preserves 100% of the units at 60% AMI or less, with 20% of the units at 25% AMI and reserved for chronically homeless households. The preservation of this development provides a critically important opportunity to maintain an affordable housing resource that would be very difficult and costly to replicate today.