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New Neighborhoods, Inc. (NNI)
is founded by the Council of Churches and Synagogues with the goal of alleviating Stamford’s critical shortage of affordable housing.
Martin Luther King, Jr. ApartmentsNew Neighborhoods’ first property opens, providing 88 families with affordable rental housing.
West Side Revitalization PlanWith community support, New Neighborhoods develops a comprehensive West Side revitalization plan for Federal funding.
Carwin ParkPark opens and is dedicated for use by West Side residents – New Neighborhoods files federal funding application for park development adjoining MLK Apartments.
42 Ann StreetNew Neighborhoods develops its first home ownership units with the purchase and renovation of a two-unit house.
Richmond HillSeven dilapidated brick row-homes are transformed into attractive homeownership condominiums.
Ann Street OwnershipNew Neighborhoods converts another deteriorated two-family house into four 2-bedroom homeownership units.
Linden Place and Ann StreetLinden Place (ten units) and Ann Street (six units) condominiums are completed and sold to income-qualified buyers.
Elmcroft CondominiumsNew Neighborhoods’ First Development in Stamford’s South End. Elmcroft Condominiums opens with twelve units of owner-occupied housing for income-qualified families.
Mill River TownhousesNew Neighborhoods develops and opens 28 condominium units for first-time homebuyers on Stamford’s West Side.
River Vista CondominiumsTen units of affordable ownership housing, and New Neighborhoods’ first modular development opens on Clinton Avenue adjacent to the Mill River.
Waterside Green CondominiumsWaterside Green Condominiums opens, a successful joint-venture with Fairfield 2000, with 95 award-winning owner-occupied units in Stamford’s South End.
Belltown ManorBelltown Manor opens. New Neighborhoods completes its conversion of the former Belltown School into 27 affordable rental units for senior residents.
Atlantic ApartmentsThe Atlantic Apartments open with 28 renovated and new units of LIHTC rental housing for individuals and seniors.
Stillwater Heights ApartmentsStillwater Heights Apartments open with 15 renovated and new two and three bedroom units of LIHTC rental housing for families.
Supported-Transitional HousingAs a consultant to Pacific House, New Neighborhoods assists with the financing and development of 17 Berkeley Street into ten SRO units for the homeless.
Child Development CenterA state-of-the-art child development center is opened on the premises of Martin Luther King, Jr. Apartments.
Friendship HouseNew Neighborhoods and Mutual Housing Association of Southwestern Connecticut (MHA) partner to purchase a 121-unit midrise of affordable family rental housing.
53 Clinton AvenueNew Neighborhoods renovates a historic single-family rental home in the proposed Mill River corridor.
Franklin PlaceFranklin Place is completed and opens, providing four affordable owner-occupied condominiums.
MLK, Jr. ApartmentsMLK, Jr. Apartments, is rededicated following completion of renovations and upgrades with $11 million HUD/FHA-insured refinancing from KeyCorp Capital Markets, the first significant rehabilitation since 1972.
Tenant Advocate Program LaunchesA full-time coordinator, contracted through Family Centers, connects residents of New Neighborhoods with community resources and programs that can help them set and achieve goals to improve their lives and neighborhoods.
Madison Smith ApartmentsMadison Smith Apartments opens 10 units. Its name honors Neighborhood Services’ Executive Director, the driving force in the project’s development. Received the Connecticut Community Development Association’s Partnership Award.
Samuel’s CourtSamuel’s Court opens in Danbury – 28 supportive rental housing units. New Neighborhoods’ first property outside Stamford developed with LIHTC funding in partnership with Alderhouse Communities.
Fair Street ApartmentsNew Neighborhoods acquires Norwalk building and adds a Community Room and Management Office. The 57-unit affordable rental housing building includes units for veterans and homeless.
Friendship House ApartmentsNew Neighborhoods and Mutual Housing complete a $15 million LIHTC-funded rehabilitation, preserving 121 units of affordable rental housing.
Neighborhood Stabilization Program (NSP)New Neighborhoods acquires and rehabs four bank-owned condominium properties, which are sold to low-and moderate-income families.
Marshall CommonsMarshall Commons opens. 50 units of LIHTC affordable housing. New Neighborhoods’ first rooftop solar panels. Received the Stamford 2030 Platinum Award for Leadership in Sustainability, and the Connecticut Community Development Partnership Award.
Elmcrest TerraceElmcrest Terrace Opens. The rehabilitated former nursing home provides 18 units of supportive rental housing for parenting women in addiction recovery. New Neighborhoods assumes property management role.
Westgate ApartmentsNew Neighborhoods partners with BNT in the LIHTC-funded development of a Bridgeport site that provides 48 units of mixed-income rental housing, 38 of them affordable.
Rooftop Solar ArraysSamuel’s Court and Fair Street Apartments rooftop solar arrays at 50 kW each are installed under power purchase agreement with the Connecticut Green Bank.
Martin Luther King Jr. ApartmentsMartin Luther King Jr. Apartments installs new energy plant including co-generation (CHP) unit, which provides heat, hot water and electricity to the building, providing guaranteed cost savings.
Indian Field ApartmentsNew Neighborhoods acquired controlling interest of this 40 unit property, in partnership with New Milford Affordable Housing. New Neighborhoods will also assume management responsibility for this property. Indian Field was originally developed by WIHED in 2009 as a LIHTC property.
Victory Gardens Veteran HousingNew Neighborhoods acquired the GP interest of this 74 unit property in partnership with the US Veterans Administration. New Neighborhoods will also assume management responsibilities for this property. Victory Gardens was originally developed by WIHED in 2021 as a LIHTC property.
The EleanorNew Neighborhoods acquired controlling interest of this 62 unit property. New Neighborhoods will also assume management responsibility for this property. The Eleanor was originally developed by WIHED in 2009 as a LIHTC property.
The FranklinNew Neighborhoods acquired controlling interest of this 48 unit property. New Neighborhoods will also assume management responsibility for this property. The Eleanor was originally developed by WIHED in 2009 as a LIHTC property.
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