Project Overview
Heritage Housing set out to preserve five unique and distinct projects located throughout Hartford, Connecticut. One of the properties was Barbour Gardens, a property with a troubled history whose project-based rental assistance Housing Assistance Payments (HAP) contract had recently been abated by HUD due to severe physical condition issues. Another property, Enfield Magnolia, had a Moderate Rehabilitation form of HAP contract that was limited to one-year contract renewals. The remaining properties were Casa Verde Sur, 95 Vine, and Sigourney Square, all of which were subsidized under different types of HAP contract renewals.
Applicable HUD Programs
- Moving Section 8
- Mod Rehab RAD Conversion
- Chapter 15/MUTM
Project Details
Heritage Housing Obtains HUD Approvals for Large-Scale Rehabilitation
Moving Section 8
Barbour Gardens had no rental subsidy after HUD abated its HAP contract. HAO worked with Heritage Housing to obtain HUD approval to transfer Section 8 subsidy from another property in Hartford, whose HAP contract had also recently been abated, to Barbour Gardens so that it could continue to provide subsidized housing after the rehabilitation.
Mod Rehab RAD Conversion
Enfield Magnolia had a Mod Rehab HAP contract that was limited to one-year renewals. HAO helped Heritage Housing convert the Mod Rehab contract to a project-based rental assistance HAP contract through HUD’s Rental Assistance Demonstration (RAD), allowing it to increase the Section 8 rent levels and to obtain a long-term subsidy contract.
HAP Combination
Casa Verde and 95 Vine were previously subsidized under two different HAP contracts. To increase operational efficiency throughout the portfolio, HAO helped Heritage combine the two contracts into a single renewal contract, which allows HUD to treat it as a single property.
20-Year HAP Renewal and Rent Increase
To support the financing for the rehabilitation, HAO obtained HUD approvals to renew the combined Casa Verde and 95 Vine HAP contract for a 20-year term with a Chapter 15, post-rehabilitation rent increase.
Project Outcomes
Heritage Housing Preserves Five Affordable Housing Projects in Hartford
Heritage Housing’s acquisition and rehabilitation of Barbour Gardens, Enfield Magnolia, 95 Vine, Casa Verde Sur, and Sigourney Square will preserve the projects as affordable housing for the long-term and provide Harford with important affordable housing assets. Through its work with HUD, HAO helped Heritage Housing make the rehabilitation possible and provide for the long-term subsidy for 179 households.
Additional information and a video showcasing the rehabilitation of Barbour Gardens can be found here.
View Examples of Our Other Work
Our partnership with Redwood Housing shows how HAO guides clients through complex, multi-phase projects. See other examples of our work by viewing our project portfolio.
