M West Hartford mixed-use apartment development debuts
West Hartford officials and developers will celebrate the official opening of 540 New Park this afternoon, a $20 million, mixed-use apartment devel...
West Hartford officials and developers will celebrate the official opening of 540 New Park this afternoon, a $20 million, mixed-use apartment development. West Hartford government, housing and business officials are hosting a ribbon cutting ceremony today at 540 New Park Ave., which is home to 52 residential housing units — 41 of which will be for those earning no more than 60% of the area median income — and commercial businesses. The complex was developed by Trout Brook Realty Advisors, the development arm of the West Hartford Housing Authority and National Housing Trust Communities, and financed with federal Low Income Housing Tax Credits from the Connecticut Housing Finance Authority, the Connecticut Department of Housing, M&T Bank and Eversource.