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HISTORY
Located on Dart and Brookfield Streets in Hartford's Charter Oak-Zion neighborhood, Dart Gardens features large two and three bedroom townhouses with hardwood floors, private entrances and full basements. The development was financed under the Low Income Housing Preservation and Resident Home Ownership Act (LIHPRHA), a HUD program designed to preserve affordable housing.
In addition to financing the acquisition, HUD provided funding to install new energy efficient windows, complete kitchen and bathroom upgrades, build new entrances and construct a community building. The community building provides meeting space for resident activities such as resident council meetings, holiday parties and after school programs.
Unit Configuration:
8 One Bedroom Flats
36 Two Bedroom Townhouses
10 Three Bedroom Townhouses
Housing Charges:
$435 to $666 which includes heat and hot water
Income Composition: $5,000 to $48,000
Project Status: Completed September, 1996
Dart Gardens is a close-knit community that is both ethnically and economically diverse. Residents are dedicated to maintaining their property and keeping it secure.
PROJECT FINANCING
Total Development Cost $3,600,000
HUD Preservation Grants $3,100,000
Assumption of HUD 221(d)(3) Mortgage $500,000
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