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Waterbury unveils new apartment complex with range of affordability

Tom Cruess at the podium from NeighborWorks New Horizons, which developed a new complex, Linden Place apartments with a majority of 44 low income apartments in Waterbury, Connecticut September 3, 2024.
Abby Brone
/
Connecticut Public
Tom Cruess at the podium from NeighborWorks New Horizons, which developed a new complex, Linden Place apartments with a majority of 44 low income apartments in Waterbury, Connecticut September 3, 2024.

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When it comes to affordable housing, the definition of what’s considered affordable varies in different communities. A new apartment complex in Waterbury is making it convenient for people of various socioeconomic levels by providing a range of affordable unit options.

The area median income (AMI) in Waterbury is about $51,000, according to Mayor Paul Pernerewski. The newly completed apartments on Linden Street will cater to families earning below the AMI.

“Filling these 44 apartments with working families and young professionals will give this neighborhood the boost that it needs,” Pernerewski said. “These residents will work here. They'll shop here, raise their children here and add to the neighborhood in so many ways.”

Tenants would pay a monthly rent ranging in affordability, from about $400 to $1,500, according to Tom Cruess of NeighborWorks New Horizons, the nonprofit behind the apartments.

The apartments have a range of affordability, but target residents earning 25% and 100% of the AMI.

The apartments are on the former grounds of an abandoned office building, blighted multi-family home and parking lots.

“Part of what we're trying to do is support the businesses in the central business district, while providing affordable housing and access to the businesses for the people that live here,” Cruess said.

Linden Place’s first resident moved in on Monday and an additional few residents will move in this week Cruess said. More than 50 applications were submitted so far for the 44 apartments.

Connecticut’s affordable housing law mandates that 10% of each municipality’s housing stock be considered affordable. Waterbury is well above the state requirement. As of 2023, more than 21% of the city’s housing was classified as affordable, according to state data.

The $18 million project was funded largely with federal grants administered by Connecticut Housing Finance Authority and state dollars.

Department of Housing Commissioner Seila Mosquera-Bruno said the apartments are more than affordable housing.

“I wouldn't call this affordable, because it's beautiful and it's very expensive,” Mosquera-Bruno said. “What I call this is housing that provides affordability to those residents, and we want to do that for all, for our rental families and also for the ones that want to buy a home.”

Abigail is Connecticut Public's housing reporter, covering statewide housing developments and issues, with an emphasis on Fairfield County communities. She received her master's from Columbia University in 2020 and graduated from the University of Connecticut in 2019. Abigail previously covered statewide transportation and the city of Norwalk for Hearst Connecticut Media. She loves all things Disney and cats.

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SOMOS CONNECTICUT es una iniciativa de Connecticut Public, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programación que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para más reportajes y recursos. Para noticias, suscríbase a nuestro boletín informativo en ctpublic.org/newsletters.

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Connecticut Public’s journalism is made possible, in part by funding from Jeffrey Hoffman and Robert Jaeger.