Development of a healthy decent and safe rental housing stock is a vital catalyst in the creation of a livable neighborhood.
SINA has developed and owns two rental projects; Cityscape Apartments and 42 Vernon Street both of which are located in the Frog Hollow Neighborhood. In all there are 83 Apartments dedicated for occupancy to individuals and families who earn less that 80% of area median income.
Cityscape Apartments is comprised of 74 apartment units located in 12 buildings. 8 of 12 buildings are historic structures and were rehabilitated to conform to the U.S Secretary of the Interior’s Design Guidelines for rehabilitation of historic structures. 62 units are targeted to persons whose incomes are below 50% of median area income and 12 units are targeted to persons whose incomes are between 51% and 80% of median area income. The project was financed by CHFA and sale of low-income and historic tax credits. The properties that comprise Cityscape Apartments were previously vacant and abandoned buildings.
42 Vernon Street is a 9 unit apartment building located adjacent to the Learning Corridor. It was rehabilitated in 1990. The project was financed by the State of Connecticut Department of Housing and Economic Development (DECD). All 9 apartment units are targeted to persons whose incomes are less that 50% of Area median income.
NEWS UPDATE: 12/21/16
SINA has received $500,000 from Eversource Energy which will be used to renovate Cityscape Apartments. Cityscape Apartments is a 73 units of affordable rental housing located in South Central Hartford which is in need of safety upgrades. An allocation on State Housing Tax Credits from the Connecticut Housing Finance Authority made the renovation possible.
Cityscape Apartment Articles:
A Cityscape Picture Reveals More Housing (Spring 2005)
The recipe for a thriving city: varied businesses, schools, activities, and social services for diverse residents and neighborhoods, then add a variety of quality and affordable housing options including single family homes, condos, duplexes, and apartments. read more
Renovations Progress for Cityscape Apartments (Summer 2004)
Cityscape Apartments are beginning to take shape. After a long winter, SINA and Broad-Park Development Corporation passed a milestone on April 28th when they closed on construction financing from CHFA (Connecticut Housing Finance Authority). read more