HCLF partners with City for Northend Rehab

Williams Street Photo.png Partnering with the City of Hartford's Housing division,  HCLF recently financed developer Carol Reid’s gut rehab of a fire damaged multifamily home at 97 Williams Street, in the City’s Clay Arsenal neighborhood.   HCLF and Reid, a repeat HCLF borrower, combined the HCLF loan with city financing and historic tax credits from the State (bought by Eversource as a community investment) to pull together the capital needed to fully renovate the 3-family home in the city’s northend.  Upon completion, Reid sold the property to an owner occupant.