Our Mission

The Mutual Housing Association of Greater Hartford, Inc. develops and manages affordable housing in Greater Hartford while engaging residents in leadership and educational opportunities.


The Mutual Housing Association of Greater Hartford, Inc. (MHAGH) is a non-profit housing development and management firm that works within the Mutual Housing model, as defined by Connecticut law.

Essential to the organization's mission is our commitment to diversity. The Association will not discriminate against any applicant on the basis of race, sexual orientation, age, gender, religion, political affiliation, national origin, physical or mental disability, marital status, learning disability, lawful source of income, individuals with children, or any other status protected by statute. In addition, the Association pledges to aggressively and affirmatively market available units to qualified persons of all backgrounds.

Park Terrace II

Click on an Address for Driving Directions

479 Summit Street
264 Park Terrace
268 Park Terrace
278-308 Park Terrace
2-10 Hillside Ave

Hartford, CT

Park Terrace II is located on Park Terrace between Summit Street and Hillside Avenue, just south of Mutual Housing's original Park Terrace development. The buildings overlooking Pope Park consist of 4 one bedroom, 31 two bedroom, 24 three bedroom and 3 four bedroom flats. Completed in 2004, these properties are located on a major access road to south Hartford, creating a very positive impression for Hartford.

Apartment Types:
Flats may include laundry hook-up, dining room, family room, 2 full baths, eat-in or galley kitchen.

Housing Charges:
(Heat and hot water included at 210 Hillside and 268 Park Terrace)
1 Bedroom $555
2 Bedrooms $695
3 Bedrooms $810
4 Bedrooms $860

PROJECT FINANCING
Total Development Cost $11,510,229
Permanent Financing
Low Income Housing Tax Credit Equity $6,597,402
Historic Tax Credits $1,505,977
HOME Funding from State of Connecticut $1,396,125
HOME Funding from City of Hartford $1,149,728
Neighborhood Reinvestment Corp Capital Grant $165,000
State Tax Credit Program $358,115
Federal Home Loan Bank of Boston Direct Subsidy $250,000
FannieMae Pre-Development Grant $15,000
Deferred Developer's Fee $72,882

ADDITIONAL CONSTRUCTION FINANCING
Neighborhood Reinvestment Corp Multi-Family Initiative Grant $105,000
Webster Bank Loan $4,185,696
Local Initiative Support Corporation $749,000